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Apr.27 -- Mark Okerstrom, Expedia's chief executive officer, discusses the company's growth strategy, the outlook for HomeAway and domestic bookings. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
Uber has picked former Expedia (Frankfurt: A1JRLJ - news) boss Dara Khosrowshahi as its new chief executive to lead the firm out of a nearly year-long crisis. Mr Khosrowshahi will take on the tasks of repairing frayed relations with investors and making the business profitable after seven years of losses. The taxi company's board of directors voted to pick Mr Khosrowshahi on Sunday, but an announcement has not yet been made publicly.
Barcelona's picturesque Gothic Quarter has gone from residential district to tourist magnet, as deserted buildings full of history make way for quaint hotels
Tourism helps keep Barcelona's economy humming, but a jump in housing costs as apartments are rented to tourists has sparked anger among residents