Is the Sky the Limit for Expedia?

The video discusses the impact of market consolidation in the travel industry, highlighting the growth potential in a $1.4 trillion market. It emphasizes the importance of technology investment, with over $800 million spent annually, to maintain a competitive edge. The company positions itself as a tech company with a broad and deep offering, contrasting with traditional hotel chains. The discussion also touches on the challenge of being seen as a legacy tech company and the need for continuous innovation to stay relevant. The strategy includes smart acquisitions and leveraging big brands to attract visitors.

What is the estimated value of the travel market mentioned in the text?

What growth rate was reported for room nights in the last quarter?

What strategy do big hotel chains use to compete with online travel companies?

How much did the company spend on technology annually?

What is the significance of innovation in maintaining a competitive edge in the travel market?