Expedia in billion dollar deal to buy Orbitz

Thursday, 13 Feb, 2015 0

Expedia plans to buy Orbitz Worldwide for $1.34 billion to squeeze out other online travel agents and widen its customer base.

It will add consumer travel brands such as CheapTickets and HotelClub to its portfolio as well as business-to-business websites such as Orbitz Partner Network.

Both Expedia and rival Priceline Group have been looking at acquisitions to stave off competition from companies like Google as well as airlines and hotel chains who are also selling all parts of a holiday.

Expedia bought Travelocity in January and Wotif Group in November.



 

profileimage

Diane



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...