This report analyzes the strengths and weaknesses of Expedia Local Market's digital business activities, as well as the opportunities and threats faced by the company. The report also discusses the main trends in the tourism industry and the role of digital technologies in its growth.
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MANM381 - E-BUSINESS STRATEGY
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TABLE OF CONTENT INTRODUCTION...........................................................................................................................3 Main strengths and weaknesses of digital business activities of organization............................3 Main opportunities and threats faced by company in its digital business activities....................8 CONCLUSION..............................................................................................................................12 REFRENCES.................................................................................................................................14
INTRODUCTION E- Business strategy plays strong role in recent tourism industry, based on significant diversification and productive innovation growth rise coming up among hospitality services for varied extended consumers market innovatively.Tourism industry is rapidly expanding among working scenarios, where innovation and digital working advancement plays stringent role for fundamental growth goals variedly based on competitive avenues. For this report, Expedia local market has been taken as case study which has been one of the best competently growing travel agency company having expansions within global working paradigms. The report will be analyzingindepthmainstrengthsandweaknessesofdigitalbusinessactivitieswithin organization, evolving among company business goals for bringing productive strengthened accountability. Study will be researching in depth threats and opportunities evolving within digital businesses, evolving among company business practices for extensive higher functional pace working goals innovatively. Main strengths and weaknesses of digital business activities of organization Expedia Local expert has global audience reach within 60 travel booking sites such as Expedia where more than 30 countries and 17 languages are operated by specialists. Globally tourism industry is growing with high competitive factors within business advancement, higher
scale corporate business goals innovatively. The company has been successful in attracting diverse travels where dynamic key business goals and strengthened working practices have been fruitfully expanding among business channels functionally. Maximizing revenue potentially has enabled company to further leverage huge brand name rapidly, expand new strategies and also bring functional travel services. This has been found to be widely crucial for bringing new range of competitive avenues based on significant working sale rise rapidly, based on vision oriented targets for new range of growth within customer’s services (Travel & Tourism Industry Trends for 2021,. 2021). The brand has been growing informatively based on rapid high scale innovation, strengthened working partner’s abilities for new target engagement goals based on stronger new targets. It has over 10,000 partners for hotels, airlines etc where brand has synchronized working abilities professionally within competitive industry targets. Internal and external productivity analysis further enables business to diversify and extend higher innovation parameters aspects vividly based on consumers targets for new strategic work goals rapidly evolving.Expedia Local expert will be further heading to evolve on dynamic business growth rise innovatively, by usage of digital business targets and services rapidly. The brand has been facing strengths and weaknesses within digital business aspects, where activities of organization faces new range of working competitiveness within new strengthened innovation rise. Strengths are as follows: It provides in depth coverage of key performance and business strategies at world leading new travel intermediary companies where performance goals are based on cooperative determinant as per longer term vision targets. Expedia Local Expert has online services for businessandtravelersworldwide,where itprovidesaccesstoover 350, 000 properties globally. It caters to offerings with around 1.5 million lodging options for travelers with structural innovative digital marketing parameters. Hospitality services are marketed online within business platforms, where significant strength is expanded based on commercial benchmarks rapidly (Sharma and Guleria, 2021). The Expedia Local expert has been continuously undertaking new technology initiatives by investing on new digital businesses strategies, where travelers have been competently evolving. Customers can easily access mobile services where company offers new range
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of productive efficacy targets dynamically, based on own operative growth efficacy optimization rapidly. The brand benchmarking digital expertise has enhanced functional working goals by reaching among target customers significantly, based on larger targets dynamically based on optimum productive avenues. The company also faces weaknesses within businesses, where tourism industry is widely expandingonvariedcompetitiveavenuessignificantlybasedonfunctionalworking idealization. Weaknesses faced by Expedia Local market are as follows: The digital channels of Expedia Local Market has weakness based on competitive new productive diverse networks optimization parameters, where diverse business goals and significant commercialization has to be build up for new marketing rise. Weakness can be also optimized within lack of creative new functional working specifics which has to be diversified,wheretourismindustryisgoingunderhugetransformationwithin competitive domains. Benchmarking of new quality services is also lacking among company business services, where growth strategies need to rapidly optimized upon extended new productive working goals extensively (Scott, 2021). The company also with new standards operatively has to invest on new technologies further, by bringing on optimum productivity as per longer business goals actively based onsignificantcommercialbusinesssynergies.Keydevelopmentandrecentnew corporate changes such as tourisms virtual services are lacking, where Expedia Local Market has high scope for new technical optimistic growth avenues. As per new stringent competitiveness of varied new start-ups coming in industry, further there is high scope for pertaining towards productive work efficacy determinants. Expedia Local Market has to also functionally invest on new strategies diversely, based on corporate commercial working goals innovatively which further significantly plays strong role among business.Thus it can be understood that Expedia Local market has scopetofurtherbringoninnerworkinggoalsinnovativelybasedoncorporate productivity targets, synchronizing specific optimized new investments. Expedia Local Market company’s business services has to be further revamped, exceeding towards virtual services and corporate working synergies diversely (Travel and Tourism trends in 2020: the top 5 trends you need to know, 2020). StrengthsWeaknesses
Expedia Local Market has strength of digitalbusinessservices,within internalworkingstructurewhere brandinvestmentsaresuccessfully varied.Thisfurtheralsoheadson stronger focused working rise, among keybusinessideologieswhich enhances scope for stringent working optimizationtowardsexpanding consumer’schannels.Investments have been gaining fruitful new scale cooperative rise, based on profound worksynergiesinnovativelywithin business(Petri,Strauband Herzwurm,, 2020). With increasing competitiveness and structuredworkingnewdemands, consumer’spreferencesarealso variedly growing towards new scope for strengthened optimization rapidly. ExpedialocalMarketcompetently facescompetitivepressurefrom externalnewbusinesses,basedon significant commercial avenues where larger productive investments have to be further implemented. Expedia Local Market has strength of highrangeofcustomersservices, whereitfurtherdriveescustomer’s retention and new functional growth efficacyamongoptimumstrategies diversely.Thisfurthercanbe understood that Expedia Local Market haspacetoexpandnewworking channelsproactivelybasedon significantcommercialgoals,where structural innovation further heads on towardsrapidengagementtargets. Customersmarketsharehasbeen expandedhugely,basedon cooperative new strengthened working Thebrandneedstofurtheralso revamp larger strategic business goals diversely,byinvestingon strengthenedworkingideologies rapidlyfornewconsumer’smarket expansion.ExpediaLocalMarket need to further also expand channels withinnewbusinessstrengths, strategic work ideologies by training expertiseandstructureddomains innovatively.Newmanagement expertise has to be evolved on rapidly, forstrengtheninglargervision orientedgrowthtargetsdynamically (MacSween and Canziani, 2021).
ideologiesbasedonnewrangeof hospitality services. Expedia Local Market uses advanced internaltechnologies,innovation within channels of communication and management growth for competitive developmentuprisedynamically. Thebrandhasdiversifiedbrand portfolio, within travel services where expertise of technical productive skills isprogressivewithinmanagement domains. Thereislackofleadershipin implementation of digital businesses, where structured working optimization has to be further diversified actively basedoncooperativenewtargets. Expedia Local Market also need to further bring on diversification rapidly amongtourismandhospitality services based on significant new rise determinants. From the above discussed strengths and weaknesses of Expedia Local market, it can be understood that tourism industry is rapidly investing towards strengthened ideologies based on rapid engagement goals. Weaknesses and strengths have in detail concluded that Expedia local market has high scope, towards keeping up larger new productive rise innovatively based on strengthened practical innovation globally. Expedia local market also with rapid strengthened working engagement with stakeholders and business ideas innovatively, have to further extensively invest on new strengthened ideologies rapidly (Khare, Joshi and Alkonda, 2021). Furthermore, specific ideologies and practical implementation of strategic investments within digital business will further diversify strengthened working rise rapidly based on cooperative growth dynamically. This has been found to be also crucial for determining new range of expertise development, which further opens up new scope for tourism services within industry in recent time period.Expedia Local market has been competently heading toevolvetowardssignificantnewdigitalbusinessoperationalparameters,further encompassing higher scale working goals evolving in recent time period. The business operatives have significant competitive benchmarks rapidly evolving in working scenarios dynamically, where travel bookings can be done automatically digitally. Expedia Local market further has been encompassing to further significantly bring effective rise based on
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larger scope paradigms, where there is high key scope to extensively invest on larger consumer’s expansion. Expedia Local market investments have been found out to be strategically profound, as per key business goals based on significant business services as per customer’s goodwill targets for new range of key operatives (Härting and et.al, 2021). Main opportunities and threats faced by company in its digital business activities There are some opportunities and threats faced by Expedia Local Market, where tourism industry is rapidly expanding within recent market domains where there is high scope towards extended competitive domains. There is further strengthened working engagement, globalworkingpracticeswhichhastobeexpandedskillfullyinnovativelybasedon fundamental competitive digital businesses Expedia Local market need to further excel up digital usage and technology targets, by further investing on new rapid expertise goals informatively for larger productive time periods actively. Travel and hotel companies, are rapidlyexpandingtowardsvariedbusinessactivitieswithindigitalworkingaspects innovatively where further stringent rapid engagement based on international strengthened working goals (Häfner, Härting and Kaim,2020). Main opportunities and threats, have furtherscopetoevolveonlargerspecificengagementdeterminantswherestructural diversification has high opportunities. Expedia Local Market faces opportunities to further expand key business domains rapidly, where extended commercial chains within digital channels are as follows: Opportunities within digital business activities are as follows: The usage of cloud technology, and artificial intelligence further opens up new scope innovatively where strategic work competencies innovatively has high growth working targets dynamically based on optimization innovatively. Digital technologies further extendnewscalerisedynamicallyforstrengtheninglargervisionorientedgoals, communicating with consumers and also expanding key channels innovatively. Tourism digital customization has high scope, where new business determinants have huge business scope to be enhanced dynamically for significant consumer market expansion. Expedia local Market has high scope for strengthened new working ideologies, based on optimistic working specialization among extended consumers market parameters. Robots and usage of artificial intelligence, further extends up business scope among extended
consumers marketinnovativelyfor wider expertise technicalstrengthened domains (Cuomo and et.al, 2021). Digital business services such as expertise related to email marketing, virtual business goals and strengthening new specific work innovation strengthens up higher consumer’s market actively which synchronize higher automation. Expedia Local Market further strengthensuphighscopevariedly,basedonsignificantspecificsandnewscale competencies diversely for strengthened work ideologies innovatively. Expedia Local Market further, has also opportunities to extend new channels and strategic work targets for connecting among new business avenues diversely. Virtual digital businesses play strong role for overall dynamics expansion innovatively which further also add to significant rise rapidly and also towards personalized services.Expedia Local Market further has high scope to invest new scale further expansion dynamically, which evolves on towards untapped consumer’s markets. Internet of Things has been found to be widely essential within recent tourism industry working targets, where there is further scope to invest on new technologies innovatively strengthening higher scale range of structured determinants.Expedia Local Market further enhances scope for strengthened work ideologies, by operating through Internet of Things which with wider scale scope has high potentialities innovatively. Digital pace of technologies, has high significant commercial pace and specific strengthened targets which opens up new scope for wider consumer’s market globally (Christoff, 2021). Threats faced by company in digital businesses Expedia Local Market has high threat from increasing costs within competitive tourism sector, where usage of functional rapid new technologies comes with increased costs and uncertain competitive new technologies rapidly.Company has high threat from external competitive working domains, where industry has to further extend targets diversely based on optimum extended channels diversely. Limited capital structure is also risk where new investments have to be further diversified ideally, based on new quest operatives globally for technical productive aspects dynamically. Cybercrimes and data theft are some of the threats, where Expedia local market has threat from digital businesses within varied functional growth synergies evocatively. This further also heads on profound focus towards operative decline among digital businesses
services rapidly, where further significant expansion has high role. Cyberattacks and digital breaches plays specific role for extending new competitive working optimization, based on corporate extensive channels within digital businesses. Digital threats such as leakage of data among consumer’s information, are some of the threats where further competencies need to be analyzed based on specifics.Leakage of consumer’s data and private information, further reduces efficacy levels among digital business operations for higherscaleworkingproductivitytargetswithincompany.Thisfurtherheadson profound focus towards synchronizing key business goals advancing new profits widely, based on new range of significant derived growth targets dynamically(Climent and Haftor, 2021). Thus, digital business has high scope for strengthening new range of competitive travel services based on extending key networks extending key targets for new performance operatives significantly. Expedia Local market has to further bring on key business goals worked on variedly, based on untapped consumers market channels further expanding key determinants widely. The company has to further expand new range of consumers channels, based on significant targets for larger expansion dynamically and to technically expand wider work synergies actively within longer time. OpportunitiesThreats Cognitive computing-This refers to technologyspecificsrisebasedon platformsriserapidly,basedon significantscientificdisciplinesof artificial intelligence usage for further diversification. Tourism industry has further scope to extend new channels, higher range of business competencies dynamicallyforstringentscope informatively.Cognitive computing further will enable company to derive, higherprofitsactivelyandgenerate strategic work competencies widely as There is high risk in ways of increased uncertain investments for companies, where Expedia Local market has faces threatofincreasinginvestment pressurization. Expedia Local market has threat from external new varied changescompetitivelyrising,where new strengthened pressure is widely diversified.Threatofextensive pressure in from of rising costs and newscaleimperativeadvancement, canbeunderstoodascompetently
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per latest working optimization (Choe and Di Giovine, 2021). innovative. Virtual reality-The implementation of virtual reality further also has been found to be widespread one of the mostdemanded,highlycompetent functionalaspectwhichfurther strengthenscorporateproductivity. Expedia Local market has scope to further expand investments on virtual reality, where it extends strengthened working engagement and experience for larger consumer’s market growth rise innovatively. Expedia Local Market has threat from new strengthened varied fluctuations andchangescomingwithin competitivehospitalityindustryand tourism services sector. This can be analyzedaswidelycrucialalsoas threat from varied changes coming up withinnewsignificantconsumer’s market paradigms dynamically Virtual realityimplementationalsocomes withchallengeofnewsignificant pressure,tokeeprevenueanalyzed variedly for larger rapid engagement (Carlisle,IvanovandDijkmans, 2021). Implementation of IOT:Internet of things integration in digital business has been found tobelatesttrend,whereExpediaLocal Market has high scope to further invest on by bringinghighscalenewinvestments.IOT further signifies innovative consumers market integrationexpansion, synchronizing scaled upspecificsworkingtargetsdynamically. IOT extends consumers channels, services of tourism by bookings done variedly based on significant channels rapidly.Implementation of IOT further opens up new working pace for larger working goals, extending new range of The competitivepressure from new implementation of IOT measures, will further have to keep analyzed as per keystrategiesexcessivelybasedon structuredproductivetargets dynamically.Fornewinvestments, resources have to be further signified andcommerciallyevolvedfornew expertisegrowthdynamically. Expedia Local market has to further extend new channels within business paradigms,wherelargerkey determinants have to be synchronized.
operativessignificantlybasedonlarger specifickeyoperatives(PeterandDalla Vecchia, 2021). IOT further also extends risk factors within digital media channels variedly, basedonoperativessignificantly within global market paradigms. From the key points analyzed above, it can be understood that digital business has high scope to be evolved on rapidly within tourism sector where digitalized trends has further strengthened working ideologies. Expedia Local market has been found to be widely competent, where further scope has been found to be structurally innovatively essential for dynamic new business strengths. Threats and opportunities have been found to be also crucially essential, based on significant productive abilities which further opens up new scope where Expedia Local Market has to derive new expertise dynamically. Digital business has high scope for extending new range ofcompetitivebusinessstrengths,harnessingproductivegoalsenhancementreachwithin extended consumers market for wider time periods. Digital channels have stronger base, for significant commercial working aim to generate wider key goals within longer time periods within global industry. Tourists services can be checked and booked online , based on working servicesexpertiseparameterswidelywithconsumersmarketgoalsexpandingwithinkey determinants within longer channels actively. Furthermore, Expedia Local market has high scope for new productive key target paradigms extending new channels commercial targets for new productive domains within business channels (Breier and et.al, 2021). CONCLUSION From the above analyzed aspects within report, it can be concluded that report has examined in detail varied working aspects where Expedia Local market has been competently evolving within recent time periods. The report concluded in detail Expedia local market has further been enhancing high scope for significant travel services rise advancing growth, where strengths and weaknesses have also been concluded. Strengths such as high quality services, easy consumer’s services bookings within digital channels has further extended consumer’s channels diversely. Weakness such as higher competitive channels, extensive pressure towards new untapped consumer’s services with high demand on personalization further enhance scope
diversely. Study further concluded opportunities and threats rising from digital channels, based on competent productive high digital marketing services and operative innovation expanding key goals rapidly. Research further concluded data security measures such as data theft, leakage of privacy as aspects which decline digital services reach and there is further also reduced diversification where company needs to extend focus.
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REFRENCES Books and Journals Breier, M., and et.al, 2021. The role of business model innovation in the hospitality industry duringtheCOVID-19crisis.InternationalJournalofHospitality Management.92. p.102723. Carlisle, S., Ivanov, S. and Dijkmans, C., 2021. The digital skills divide: evidence from the European tourism industry.Journal of Tourism Futures. Choe, J. and Di Giovine, M. A., 2021. Three ways to ensure ‘wellness’ tourism provides a post- pandemic opportunity for the travel industry. Christoff, J., 2021. Travel Industry Leaders Testify on Building Back Tourism on Capitol Hill. Climent, R. C. and Haftor, D. M., 2021. Value creation through the evolution of business model themes.Journal of Business Research.122. pp.353-361. Cuomo, M. T. and et.al,2021. Digital transformation and tourist experience co-design: Big social data for planning cultural tourism.Technological Forecasting and Social Change.162. p.120345. Häfner, F., Härting, R. C. and Kaim, R., 2020, September. Potentials of digital approaches in a tourism industry with changing customer needs–a quantitative study. In2020 15th Conference on Computer Science and Information Systems (FedCSIS)(pp. 553-557). IEEE. Härting, R., and et.al, 2021. Potentials of Digital Business Models in Tourism—Qualitative Study with German Experts. InProceedings of Fifth International Congress on Information and Communication Technology(pp. 119-126). Springer, Singapore. Khare, A. S., Joshi, A. and Alkonda, V., 2021. Impact of COVID-19 On Travel Motivators. MacSween, S. and Canziani, B., 2021. Travel booking intentions and information searching during COVID-19.International Hospitality Review. Peter, M.K. and Dalla Vecchia, M., 2021. The Digital Marketing Toolkit: A Literature Review for the Identification of Digital Marketing Channels and Platforms.New Trends in Business Information Systems and Technology, pp.251-265. Petrik, D., Straub, D. and Herzwurm, G., 2020. Potentials of Platforms for the Realization of Digital Services for Component Manufacturers.Procedia CIRP,93, pp.652-657. Scott, S., 2021. Why The Travel Industry Needs More Black Travel Advisors. Sharma, A. and Guleria, K., 2021, March. A Framework for Hotel Inventory Control System for Online Travel Agency using Robotic Process Automation. In2021 International Conference on Advance Computing and Innovative Technologies in Engineering (ICACITE)(pp. 764-768). IEEE.
Online Travel&TourismIndustryTrendsfor2021.2021.[Online].AvailableThrough:< https://colorwhistle.com/travel-tourism-trends/> Travel and Tourism trends in 2020: the top 5 trends you need to know. 2020. [Online]. Available Through :<https://www.adido-digital.co.uk/blog/travel-trends-2020/>