Profile: Expedia Inc (EXPE.O)
Expedia, Inc. (Expedia), incorporated on April 18, 2005, is an online travel company. The Company makes travel products and services available, on a stand-alone and package basis, provided by numerous lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Travel suppliers distribute and market products through its traditional desktop offerings, alternative distribution channels, including mobile and social media, its private label business and its call centers in order to reach its audience. It also offers travel and non-travel advertisers access to a potential source of incremental traffic and transactions through its various media and advertising offerings on its transaction-based Websites. The Company operates its business in two segments: Leisure and Egencia. Its Leisure segment provides a range of travel and advertising services to its customers through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites throughout the world, Expedia Affiliate Network, Hotwire.com, Wotif Group, Venere, eLong, trivago and Classic Vacations. Its Egencia segment provides managed travel services to corporate customers in North America, Europe, and the Asia Pacific region.
These travel products and services are offered through a portfolio of brands, including Expedia.com, Hotels.com, Hotwire.com, Travelocity, Expedia Affiliate Network, Classic Vacations, Expedia Local Expert, Egencia, Expedia CruiseShipCenters, eLong, Inc. (eLong), Venere Net SpA (Venere), trivago GmbH (trivago), CarRentals.com and Wotif.com Holdings Limited (Wotif Group). Expedia.com is a service online travel agency with sites in 31 countries. Hotels.com is a hotel specialist with more than 85 sites in more than 60 countries. Hotels.com is focused entirely on marketing and distributing hotel rooms. Hotels.com offers travelers a selection of hotel properties. Hotels.com, with more than 85 localized sites worldwide and market mobile apps, offers travelers a broad selection of hotel properties. Hotwire.com is a discount travel site that offers deals in 12 countries throughout North America, Europe and Asia. EAN powers bookings for some of the airlines and hotels, consumer brands, Websites, and thousands of active affiliates. Hotwire also operates CarRentals.com, an online car rental marketing and retail firm offering a diverse selection of car rentals direct to consumers. Egencia is a corporate travel management company. Egencia offers travel products and services to corporations and corporate travelers. Egencia maintains a presence in more than 60 countries across North America, Europe and Asia Pacific. Egencia provides, among other things, local telephone assistance with travel consultants, online and mobile booking tools for employees of its corporate customers, supply targeted at business travelers, and consolidated reporting for global, large and small and medium size enterprise (SME) business segments.
The Company’s eLong is a mobile and online travel service provider in China. eLong uses Web-based distribution technologies, mobile applications and Websites, and 24-hour call centers to provide consumers with the ability to make reservations at more than 218,000 properties in China and, through Expedia, hotels in countries across the world. eLong also offers air ticketing and other travel related information and services. Travelers can access eLong travel products and services through its mobile applications and Websites, including www.elong.com and www.elong.net. trivago is an online hotel metasearch company with sites in 49 countries. Venere.com is an online hotel reservation specialist in Europe. The Venere Website, www.venere.com, lists hotel properties in hundreds of locations around the world and provides hotel partners with geographically diverse sources of demand. Wotif Group is an operator of travel brands in the Asia-Pacific region, including Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au and Arnold Travel Technology. CarRentals.com is a car rental booking company on the Web. Classic Vacations is a travel specialist. Classic Vacations delivers a line of vacation packages, such as air, hotels, car rentals, activities, cruises and private transportation to create vacations in Hawaii, the Caribbean, Mexico, Costa Rica, Europe, Australia, New Zealand, Fiji, Maldives, Dubai, Seychelles and Tahiti. Travel agents and travelers can preview its product offering through its Websites, www.classicforagents.com and www.classicvacations.com. Expedia Local Expert (LX) is a provider of online and in-market concierge services, activities, experiences, and ground transportation in hundreds of destinations across the world. LX can be found on 27 Expedia-branded Websites, and operates more than 100 concierge and activity desks. Expedia CruiseShipCenters is a provider of advice for travelers booking cruises and vacations through its network of 180 franchise locations across North America.
The Company’s private label, business-to-business brand Expedia Affiliate Network (EAN) makes hotel services available to travelers through third-party company-branded Websites, including some of the regional online travel companies and airline suppliers. EAN offers an Application Programming Interface and template solution.
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