stayful cofounder and ceo, thank you. you.ank >> we are talking to the ceo of expedia about how the online travel site rings over 60 million unique visitors every month. >> i am cory johnson in for emily chang. we turned back for our special edition of bloomberg west. how the hotel industry is changing drastically. over 150re present booking websites. joining me from washington is the ceo of expedia. thank you for joining us. expedia is growing faster than it has in the past. why? a couple ofeing trends. one is the globalization of travel really favors expedia because we operate in 50 different countries right now. extending internationally very quickly and we are giving our suppliers the ability to market themselves not only in their home markets but also in international markets. inhave made big investments technology and we are seeing those investments in technology payoff. big pie of bookings already. there is a mobile revolution. more and more consumers are .oing mobile cross device that plays into the investments in

staye parent decides to home and take care of the child? >> it does not.hink that if they raise us from the first 18 years to the first 22 years and might have an impact on the birth rate because too many people would be scared away from having children once you saw the college costs. you're looking at these different back your spare they all add up. if somebody is living on the east coast, it could cost up to $.5 million. >> i want to thank you both very much, and congratulations. it is 26 minutes past the hour which means that it is time for on the markets. ♪ >> this is "taking stock" on bloomberg. i am pimm fox. headlines we at the go to su keenan. >> an agreement to extend the attending delegations peace talks in the egyptian capital have been laboring for five days. allmer makes his first appearance to clippers fans since acquiring the team. and finally, the retailer of $16.2a net loss million. >> thank you. has been 37 years since the death of the king of rock 'n roll, elvis presley. yet his legacy lives on in a big way. thanks in part to the estimat

what we are doing a at stayful, not only get distribution at a low cost by comparison to the other onlinetributors but our focus is selling inventory that would go unsold. our consumers are helping them with their occupy answer si and revenue. >> after the airline industry and managed this revenue management, perishable inventory, maximizing pricing. how much are hotel managers look at we can lower prices, raise prices on any given day? >> what we are finding with boutiques, they will manage it right up until the minute and we had success working with boutique hotels and they will create new right headaches to get the opportunity for -- rate headaches to get the opportunity for demand and the spontaneous traveler, it is more flexible and dynamic pricing system. >> thank you very much. >> that's the special edition of "bloomberg west." of ill talk to the c.e.o. expedia. ♪ >> you are watching "bloomberg west" and focusing on technology and innovation into the future. special edition of "bloomberg west," get a room, how the hotel technology is changing dramatically. expedia, 150 booking web

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. >> ok, "bloomberg surveillance" on radio continues, our thanks to steve staye sadove.berg television is up next. have a great rest of the day. ♪ >> good morning, everyone. we are live from bloomberg world headquarters. you are "in the loop." i'm trish regan in for betty liu. bank of america is said to reach a record settlement with the u.s. over the sale of mortgage bonds ahead of the crash. we will bring you all the details as it comes out. the comcast-time warner deal could be in jeopardy. u.s. airstrikes in iraq continue. we will hear from richard haass to get his take on president obama's next step after the execution of journalist james foley. we will also be talking about jackson hole. here is a look at our top headlines. ready tomerica is agree to a record $17 billion settlement over the sale of mortgage bonds. the deal may be announced today.