What is Expedia?
Expedia is an online American travel company, operating on a global scale to provide travel services. The company’s headquarters are based in Bellevue, Washington, the USA.
The company was launched in 1996. Originally established as a small division within Microsoft, designed to provide online travel booking services.
In 1999, it became a separate entity and in 2003 was acquired by IAC (InterActiveCorp). Following another spin off in 2005, Expedia again became autonomous, retaining the travelling segments of IAC.
Since then the company has continued to grow, acquiring more brands under its umbrella and completing a number of mergers.
What does Expedia do?
Through its 200+ travel sites, 75 country network and 20,000 strong employment roster, Expedia offers a variety of trading services to customers globally.
In total, Expedia customers can access over 500,000 properties, 500+ airlines, more than 25,000 activities and dozens of car rental companies and cruises.
Leisure and business travellers can book travel services through their travel sites or through one of their 150+ mobile sites, available in 35 languages.
What brands are owned by Expedia, Inc.?
Expedia, Inc. owns 17 of the world’s travel services brands who provide a range of travel solutions. These brands include such big names as:
Expedia, Hotels.com – full-service travel solutions provider
HomeAway – with 90 localisations worldwide, HomeAway is a global accommodation provide
Hotwire – delivering the latest ‘hot’ travel deals
Egencia – corporate travel solutions company
Wotif Group – owner of travels brands
Classic Vacations – providing solutions for the luxury travel market
SilverRail Technologies, Inc. – delivering rail services and solutions to customers and suppliers
Expedia Local Expert – helping customers travel like a local with concierge services, experiences and activities
Expedia Affiliate Network (EAN) – Expedia’s B2B services, connecting all the services needed to make travel solutions possible
Orbitz (including CheapTickets and ebookers) – provider of travel websites in the US and Europe
Expedia Media Solutions – building advertising partnerships and media solutions
Expedia CruiseShipCenters – provider of Expedia’s cruise services
Trivago – world-known hotel search platform
Travelocity – guarantees customer first travel in US and Canada
CarRentals.com – online car rental company
Traveldoo – business app for travel expenses
What are the economic prospects for Expedia?
The Q3 2017 results for Expedia, Inc. boast a grand total of $86 billion in gross bookings, $9.8 billion in revenue and 302 million room nights booked through their brands.
The news about Expedia?
In March 2017, Chelsea Clinton, daughter of former president Bill Clinton and presidential candidate (2016) Hillary Rodham Clinton, was named as a director of Expedia following her experience as Vice Chair of the Clinton Foundation.
Where is Expedia traded?
Expedia, Inc. is listed on the NASDAQ Stock Exchange. Find out more about the Expedia, Inc. (EXPE) share price with Capital.com.