“People are traveling like crazy,” the CEO said, speaking with Jim Cramer, who was in Expedia’s home city of Seattle for “Mad Money.”
Kern's company also operates its namesake Expedia service as well as others in the travel sector including Hotels.com, Hotwire, Travelocity and Orbitz. The company is also behind Vrbo, short for vacation rentals by owner.
It competes againstWith all those brands under one roof, Kern and Expedia certainly have their fingers on the pulse of the travel industry. The CEO said travel has been booming."There's no question all summer and still has been strong into September. There doesn't appear to be much let up," he said.Money Report
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