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Business Daily

Business Daily meets Booking.com CEO Glenn Fogel

Sep 19, 2024
17:35
Snipd AI
Glenn Fogel, CEO of Booking Holdings, shares his inspiring journey from overcoming a stroke at 17 to leading one of the largest online travel platforms. He discusses regulatory challenges faced by the company as a 'gatekeeper' in the travel market. The conversation also dives into the impacts of mass tourism on local communities, advocating for sustainable travel practices and better government regulations. Fogel highlights the need for greater involvement of residents in tourism planning to create balanced benefits for all.
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Podcast summary created with Snipd AI

Quick takeaways

  • Glenn Fogel's resilience in overcoming a stroke and navigating a challenging career path showcases the importance of perseverance in achieving leadership roles.
  • The ongoing regulatory challenges for Booking Holdings highlight the critical need for sustainable tourism policies to manage mass tourism's impact on local resources.

Deep dives

Glenn Fogel's Journey to Leadership

Glenn Fogel's path to becoming CEO of Booking Holdings involved overcoming significant personal and professional challenges. After facing a devastating stroke at 17, which left him paralyzed and without the ability to speak, Fogel worked hard to regain his capabilities and pursued higher education, ultimately earning a law degree from Harvard. His initial career in mergers and acquisitions proved short-lived due to job layoffs, prompting him to explore new opportunities. This venture led him to the online travel sector during a turbulent time, ultimately positioning him for leadership within Booking Holdings as the company navigated the boom and bust of the dot-com era.

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