Pursuits
Expedia CEO Expects Facebook to Follow Google Into Online Travel
- Travel-booking is logical extension of e-commerce push
- CFO floats possibility of acquisitions in tour-booking space
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Expedia Inc.’s chief executive officer is expecting more company in the world of online travel booking, predicting Facebook Inc. will follow Google into the business.
Facebook is already working on e-commerce, letting users save their payment information on the social media giant’s site and purchase products they see advertised there directly through “buy” buttons. It’s just a matter of time before that turns into booking vacations too, Expedia CEO Dara Khosrowshahi said in a May 11 interview at the company’s headquarters in Bellevue, Washington.