Expedia CEO Dara Khosrowshahi was in Singapore for the launch and told Travel Weekly that Expedia’s success as a company is largely reliant on their success in APAC. In addition, a growth rate larger than the US doesn’t mean you’re doing well in Asia – such is the opportunity available. That realisation was brought home to Khosrowshahi by AirAsia’s Tony Fernandes, who he said “kicked our ass”. Khosrowshahi believes Expedia is well positioned to take advantage of the Asian appetite for experiences and travel. “We think the emerging middle class in Asia is making a transition from the search for retail branded consumer goods to the search for unique experiences. They are valuing stuff less and valuing experiences more and as an experience company we can be the foremost,” Khosrowshahi said. Get the full story at at Travel Weekly