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President - Hotels.com, President - Venere.com, President - Expedia Affiliate Network, Senior Management
Mr. Johan Svanstrom is ...
Mr. Johan Svanstrom is member of the Company's Board of Directors since 13 April 2016.
He is president of Hotels.com and Expedia Affiliate Network ("Expedia") brands, which operate in 80 markets worldwide and transact over US$14 billion in gross bookings.
He is also a member of the Expedia Inc Travel Leadership Team reporting to the chief executive officer of Expedia.
Prior to taking the President role, Mr. Svanstrom spent 8 years with Expedia Inc in Asia-Pacific, where he launched the EAN partner and Hotels.com businesses in the region.
As Managing Director of Hotels.com
for Asia and Pacific, he
grew the business to a leading regional player operating in 15 Asia markets.
Prior to joining Expedia Inc, Mr. Svanstrom served as member of the Board of Directors at eLong (Nasdaq: LONG), one of China's largest online travel agencies, from 2007-2015 and was Head of Digital Innovations Group at McDonald's Corporation for three years, during which he led the launch of Redbox (www.redbox.com) and the rolling out of WiFi services at McDonald's store network.
Before that, Mr. Svanstrom was chief executive officer of Freefund, an online database company matching university students with corporations and employers across Europe.
From 1997 to 1999, Mr. Svanstrom served as Vice-president of Business Development at Glocalnet AB, a voice-over-IP telecom company, which he helped take public on the Stockholm Stock Exchange.
Mr. Svanstrom holds a Master's of Science in Economics from the Stockholm School of Economics.
Aussie dollar strength sees rates rise: Hotel Price Index
"In the first half of this year, Melbourne had the fourth largest increase in hotel prices in the world while Sydney had the sixth largest," Johan Svanstrom, Managing Director, Asia Pacific for Hotels.com, said.
Sefiani ideas shine in Hong Kong
Johan Svanstrom, Managing Director, Asia Pacific for Hotels.com, provided an in-depth outlook for the online travel industry in the Asia Pacific region.
remarked that with internet penetration levels in the region still relatively low in comparison with other parts of the world, a population of around 3 billion people and an average GDP growth of around 6% for the region meant that Asia Pacific offered significant growth prospects for online travel businesses in the years ahead.
Global hotel prices rise in all regions
Johan Svanstrom, Vice President, Hotels.com Asia Pacific, said: "The latest HPI figures prove the hotel industry's recovery has begun.
continued: "The are a multitude of factors driving rate rises in Australian cities, including the mining boom in WA, the strong corporate market in business centres and a lack of supply in key markets.
"With Australia's strong economy, currency fluctuations will continue to challenge inbound tourism.
Attracting China's burgeoning outbound tourist market, and adequately catering to their unique needs, will be paramount", he