• Expedia’s ‘uphill climb’
Expedia’s CEO Dara Khosrowshahi told analysts that the group faced an “uphill climb” in Europe, where it competes with Booking.com. The comments were made as a research note from Evercore attributed Booking.com’s success to its focusing paid search on destinations rather than origins, in contrast to its rivals. In August Evercore described Booking.com as enjoying
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