Expedia (EXPE) CEO Dara Khosrowshahi was somewhat on the defensive in the Q2 earnings conference...
Expedia (EXPE) CEO Dara Khosrowshahi was somewhat on the defensive in the Q2 earnings conference call, admitting that May's Hotwire sale cost more than it recovered in revenue, and that TripAdvisor (TRIP) and Booking.com are hurting results. On the plus side, Trivago performed well, growing 80% Y/Y, and eLong expanded aggressively in Asia. EXPE -23.3% AH.
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