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Expedia acquires Wotif for $700m

Expedia acquires Wotif for $700m

US online travel giant Expedia has completed the $703 million acquisition of Australia’s Wotif Group. The total consideration of A$703 million was comprised of a A$51 million special dividend distributed by the Wotif Group to its shareholders before closing and A$652 million in cash from Expedia.

Amadeus and the Wotif Group continue to offer consumers the best fares shopping experience

Amadeus and the Wotif Group continue to offer consumers the best fares shopping experience

7 December 2010 Press Release Tourism News Organisations & Operators

Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, and the Wotif Group, operator of the leading online travel brands in Asia Pacific including lastminute.com.au, travel.com.au and wotflight.com, have extended their long term relationship with the online travel group selecting Amadeus Master Pricer Agent Fare Families

Wotif.com announces IPO

25 April 2006 Press Release Travel Technology News

Wotif.com has lodged a prospectus with the Australian Securities and Investments Commission to seek a listing of its shares on the Australian Stock Exchange in an initial public offering (“IPO”).