Trivago CEO Axel Hefer on Company Earnings, Summer Outlook
Axel Hefer, Trivago CEO, joined Cheddar News to this week to discuss the company's latest earnings report. The company reported a miss despite increased global travel demand. "We expect this summer to be strong despite the concerns you hear everywhere about inflation, about higher prices," Hefer said.
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
