BITCOIN - ACCEPTING EXPEDIA TO ACCELERATE IT'S GLOBAL EXPANSION

Expedia, the giant pro-Bitcoin online travel company, has worldwide expansion plans. Specifically, the company’s new CEO will push for expanding the company’s presence into Europe and Asia.
Expedia Uses Technology and Accepts Bitcoin to Revolutionize Travel

Mark Okerstrom, CEO of Expedia

Expedia’s new CEO Mark Okerstrom told the Financial Times that the company is planning to speed-up its expansion plans.

In this regard, Okerstrom sees new technologies as playing a dominant role in the travel industry, such artificial intelligence and voice platforms, he said in an interview with GeekWire.

In effect, Expedia is a company that has successfully demonstrated the aggressive use technology to its advantage. Indeed, Expedia’s vision is, “to revolutionize travel through the power of technology.”

Bitcoin is one example of Expedia’s use of technology. In 2014, while Mark Okerstrom was Chief Financial Officer and EVP of Operations, Expedia became one of the largest online travel companies in the world to accept Bitcoin.

When announcing that the company was accepting Bitcoin, Michael Gulmann, Vice President, Expedia Global Product said, “Expedia, Inc. is in a unique position, as one of the world’s leading online travel agencies, to solve travel planning and booking for our customers and partners alike by adopting the latest payment technologies.”