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Expedia CEO: I don’t think the Metaverse is a competitive threat

February 12, 2022
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On February 13, Peter Kern, CEO of Expedia, the world’s largest online travel platform, said in an interview with CNBC: “I don’t think the metaverse is a competitive threat. We are as attracted to the real world as everyone else in the world. Much of it has to do with the ‘real universe’. I don’t think it’s possible to travel to Paris, Rome, national parks in the Metaverse in my lifetime.

There is no substitute for the real world, the experience (of travel) changes our lives, and I don’t think the same experience can be had in the metaverse. “However, Kern also admitted that in the long run, his current view of the metaverse may be wrong.

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