Public Online Travel Sites Full Year 2017: Leadership Shuffles & Global Ambitions
SummaryBig changes from the very top marked a new era for online travel’s biggest public companies in 2017. Booking Holdings (formerly The Priceline Group) started the year under the new leadership of Glenn Fogel, while Expedia kicked off Q3 with Mark Okerstrom stepping up as CEO after Dara Khosrowshahi ended his tenure. In the Asia Pacific (APAC), Jane Sun wrapped her first full year as Ctrip’s CEO, and MakeMyTrip president and Ibibo Group founder Ashish Kashyap resigned in September. Buenos Aires-based online travel agency Despegar.com filed for a $100 million IPO in August, bringing Latin America (LATAM) into the public pool.