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Expedia Poised To Thrive In A Growing Business

Expedia operates an online travel agency, offering hotel and car rentals, vacation packages, and cruise booking among other related services. It is based in Bellevue, Washington and has been included in the Forbes list of 400 best-managed companies. The company has partnerships with over 325,000 hotels in more than sixty countries worldwide. This is compared to leading competitor Priceline with around 200,000 hotel partnerships worldwide despite currently having five times the market share. Priceline is currently Expedia's major competitor after Expedia purchased Travelocity and Orbitz for $280M and $1.3B respectively early this year. In addition to Travelocity and Orbitz, Expedia also owns the following brands: hotels.com, hotwire, trivago, carrentals.com, venere.com (specific to the European market), and several others. Read more