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Expedia buys Travelocity for $280M

Sunday, January 25, 2015 | More »

NASDAQ-listed Expedia, Inc has acquired online travel agency Travelocity from Sabre Corporation for $280 million in cash. The acquisition follows the 2013 strategic marketing agreement between Expedia and Travelocity under which Expedia has powered the technology platforms for Travelocity’s US and...

Expedia results beat market expectations on strong hotel revenue, shares up

Online travel agency Expedia Inc posted second-quarter results that beat market expectations on stronger worldwide hotel revenue, sending its shares up 13 per cent in after-hours trade. Strong demand from business and leisure travelers are helping US hotels and airlines post solid revenue and profit...

27 July, 2012 | More »