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"We are very different from many other competitors in the hospitality industry," he said. Cruises companies such as Royale Carribean Cruises Ltd. NYSE:RCL, had previously worked with several Expedia crews to commercialize a cruise bundle across several Expedia flags. For example, there was no one-stop store where the cruise line could advertise its Vancouver-Alaska itinerary on all Expedia real estate.
Significant investment in technologies over the past year has transformed this picture, with the entire cruise operations operated from Expedia's Vancouver base. Since 2007, the town has been the head office of Expedia Cruise-ShipCenters, when Expedia purchased Vancouver's CruiseShipCenters International Inc. for an unknown amount, renamed it and began to quickly expand the number of the division's franchise-oriented tour operators.
This part of Expedia now has 247 franchise companies, each with proprietors who have already contributed ten thousand of U.S. Dollar in one-time charges and current license fee to Expedia for the right to run an Expedia CruiseShipCenters business in an area. Two years ago, Expedia CruiseShipCenters moved its head offices to a 28,000 sq. m. offices in 1066 West Hastings Street's Oceanic Plaza complex, almost three times the 10,000 sq. m. it had used across the road at Guinness Tower.
Expedia CruiseShipCenters Vancouver-based Chairman Matthew Eichhorst has been transported to oversee all cruises within Expedia. To see the 2017 issue of Business in Vancouver's Magazin, click here to see the Forty Under 40 winner. "It' also great for Expedia because of the size of our stamps together. We have become a more strategical business for the cruise lines," said Eichhorst.
"I would rather do fewer things better and quicker than many things in a row, but not so good," said Okerstrom, 44, who was raised in Coquitlam and studied both at Simon Fraser University and the University of British Columbia.