Peter Kern: I’ll let Julie deal with the second one. But to your first one, I think the way to think about is you’ve got to break it up a little bit. First of all, we’ve got expanding B2B business, where commissions are part of our marketing spend. So as that business grows and has been growing currently faster than our B2C business, you’ve got some movement into that mix, where the commissions are higher than this 50% level. So, it’s pulling the number higher. At the same time, we’re trying to use marketing to build this base of customers, leverage the model. And as the base of direct gets bigger, right, you’re driving more business from direct and you start to get leverage in what you’re spending to add new people to the funnel because the new people become a somewhat smaller piece of the overall pie of business.
And so, that is where I think you will start to see us gain leverage, is as the big base of loyalty and app members grows and grows and grows, and we’re very focused on retaining them, lowering churn, all the pieces that go into that. That is how we get a bigger direct business that we’re driving on top of adding new people to the funnel. But that spend is now on top of just a bigger and bigger base of customers that keep coming back. So that’s where we believe long term we get that leverage from. And the better we get at it, who knows how we will balance growth and profitability, but that is the base on which we build. Can you repeat the second question? I’m sorry, Anthony.
Anthony Post: We have easy comps now with virus first couple of months. And then you saw a big flood of bookings into the industry in April and May. Just want to make sure people are thinking about the models right and how you how you think about that.
Julie Whalen: So for top line comps is what your suggesting?
Peter Kern: Comps to last year.
Justin Post: And bookings, yeah.
Julie Whalen: Obviously, that we believe on the year that we can drive double-digit comps year-over-year. We’re obviously not speaking how it plays out by quarter. But I think what’s super exciting is how we started 2023 at these levels with greater than 20 on our gross bookings and really coming out of the year strong. That gives us a lot of confidence. That plus Bex US and how it’s performing under the covers gives us a lot of confidence for the momentum as we move throughout the year. But I wouldn’t get ahead of us right now, still early in the year, early in the quarter, but we are committing to the double-digit growth on the year.
Operator: Next question comes from Bryan Fitzgerald with Wells Fargo.
Brian Fitzgerald: A couple of questions, guys. Could you give us an update on China outbound, your partnerships there and how those work in relation to other players in the market and any early thoughts on how you would pursue that opportunity as they reopen? The second one was just really quickly on the test velocity that it can grow 4x, Vrbo cuts over in the first couple of quarters, if I got that right. If you had to put a bow around the amount of testing across all your properties, are we in the ninth inning in terms of €“ or eighth inning in terms of and then we’re homing in on that 4X test velocity.
