Profile: Expedia Inc (EXPE.O)
4 Mar 2015
Expedia, Inc. (Expedia), incorporated on April 18, 2005, is an online travel company. The Company's portfolio of travel brands featuring supply portfolio includes more than 260,000 hotels in 200 countries, 400 airlines, packages, rental cars, cruises, as well as destination services and activities. Travel suppliers distribute and market products through the Company’s sites, its private label business and its call centers. Its portfolio of brands includes Expedia.com, a service online travel agency with sites in over 31 countries; Hotels.com, a hotel-only booking service with more than 85 sites globally; Hotwire.com, a discount travel provider with sites in 12 countries; Expedia Affiliate Network (EAN), which powers travel for travel and non-travel brands, as well as more than 10,000 active affiliates globally; luxury travel specialist, Classic Vacations; destination services and concierge services provider Expedia Local Expert (ELE); Expedia CruiseShipCenters, with home-based agents and retail locations in the United States and Canada; Egencia, a corporate travel management company; eLong, Inc. (eLong), China’s online travel company, and European online hotel specialist Venere.com, and trivago GmbH (trivago), a Germany-based hotel metasearch company with sites in 40 countries.
The Company’s Expedia-branded Websites, including Expedia.com in the United States, make a range of travel products and services available directly to travelers through Websites in over 25 countries across the globe. The Expedia brand serves different types of travelers, from families booking a summer vacation to individual travelers arranging a weekend getaway, as well as unmanaged business travelers. Travelers can search for, compare information about (including pricing, availability and traveler reviews) and book travel products and services on Expedia-branded Websites, including airline tickets, lodging, car rentals, cruises and destination services, such as airport transfers, local attractions and tours from a range of suppliers, on both a stand-alone and package basis. In the Asia Pacific region, under a joint venture, the Expedia brand partners with airline AirAsia allowing Expedia sites to be the only Websites, other than AirAsia, to distribute AirAsia content.
Hotels.com stands as a business focused on marketing and distributing hotel rooms. Hotels.com, with more than 85 localized sites globally, offers travelers a range of hotel properties.
The Hotwire Group
Hotwire offers a travel booking service, which matches travelers with suppliers who have excess seats, rooms and cars they offer at lower rates than retail provided their brand is presented opaquely until after the customer books. Through its United States and international sites, Hotwire partners with hotel companies globally, brand-name domestic and international airlines, and car rental companies in the United States. Hotwire also operates CarRentals.com, an online car rental marketing and retail firm offering a range of car rentals direct to consumers. Hotwire operates Travel-ticker.com, which is travel Website that is home to insider deals at many destinations.
Expedia Affiliate Network
The Company’s private label and co-brand programs make travel products and services available to travelers through third-party company-branded Websites, including regional travel companies. The products and services made available through EAN are similar to those made available on Expedia-branded and Hotels.com-branded Websites. It compensates participants in co-branded and private label programs on a revenue-share basis. It also leverages private label platforms to make Expedia and Hotels.com-branded sites available in international points of sale.
The Company’s service travel management company offers travel products and services available to corporations and corporate travelers. Egencia maintains a global presence in 46 countries across North America, Europe and Asia Pacific. Egencia provides centralized booking tools for employees of its corporate customers, supply targeted at business travelers, and consolidated reporting for global, large and SME (small and medium size enterprise) business segments. Egencia charges its corporate clients account management fees, as well as transactional fees for making or changing bookings. In addition, Egencia provides on-site agents to corporate clients to support the account. Egencia also offers consulting and meeting management services.
The Company's online hotel and air travel service company, based in Beijing, China, specializes in travel products and services in the People’s Republic of China with a focus on driving online hotel bookings. eLong uses Web-based distribution technologies and an around-the-clock nationwide call center to provide consumers with the ability to make hotel reservations at more than 70,000 hotels in China. eLong also offers air ticketing and other travel related information and services. Travelers can access eLong travel products and services through its Websites, including www.elong.com and www.elong.net.
The Company’s Venere Website, www.venere.com, lists hotel properties globally and provides hotel partners with geographically diverse sources of demand. Venere uses direct agency-based relationships with hotels globally.
trivago is the Company’s majority-owned hotel metasearch company, based in Dusseldorf, Germany, featuring price comparison from more than 750,000 hotels on over 200 booking sites worldwide. Officially launched in 2005, trivago is a travel brand in Europe operating in 40 different countries serving more than 45 million visitors each month.
Classic Vacations offers individually tailored vacations through a national network of third-party retail travel agents. Classic delivers a range of premium vacation packages, including air, hotels, car rentals, activities and private transportation, to create customized luxury vacations in Hawaii, the Caribbean, Mexico, Costa Rica, Europe, Australia, New Zealand, Fiji and Tahiti. Travel agents and travelers can preview its product offering through its Websites, www.classicforagents.com and www.classicvacations.com.
Expedia Local Expert
The Company’s Expedia Local Expert (LX) network offers online and face-to-face personalized recommendations and assistance in booking events, activities, tours, attractions and other services that travelers seek in their destinations. With access to a portfolio of thousands of tours and adventures, LX can be found on 27 Expedia-branded websites, and operates more than 100 concierge and activity desks in major resort destinations.
The Company’s CruiseShip Centers is sellers of cruise vacations. CruiseShipCenters has over 180 retail locations.
333 108th Ave NE
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