Breaking Travel News

Expedia News

Expedia to acquire HomeAway for $3.9bn

Expedia to acquire HomeAway for $3.9bn

Expedia has agreed to acquire HomeAway, including all of its brands, for an equity value of approximately $3.9 billion in cash and Expedia common stock, representing a per share price for HomeAway shares of $38.31, based on Expedia’s closing price on November 3, 2015. Under the terms of the transaction, Expedia will offer to acquire each outstanding share of common stock of HomeAway in exchange for $10.15 in cash and 0.2065 of a share of Expedia common stock.

SilverRail Technologies signs partnership with Expedia

SilverRail Technologies signs partnership with Expedia

SilverRail Technologies and the Expedia group have signed a strategic technology partnership to power Expedia’s global expansion in the rail business. Rail is an increasingly popular mode of regional transport throughout Europe and Asia. According to Phocuswright, rail is now the fastest growing sector in travel, with over €30 billion in rail tickets sold in Europe alone.

Expedia Media Solutions launches new Bermuda Tourism video

Expedia Media Solutions launches new Bermuda Tourism video

Expedia group’s Media Solutions team has teamed up with Bermuda Tourism to highlight the destination in a new ‘choose your own travel adventure’ video campaign. The video, created with filming and production agency Archer’s Mark and co-producers Big DB, was filmed using specially-designed wearable cameras to deliver a truly personal perspective. The Bermuda Tourism interactive video kicked off mid-August and will run through the end of December.

Expedia selects architects for Seattle move

Expedia selects architects for Seattle move

Expedia has selected architecture firm Bohlin Cywinski Jackson to design its new 40-acre waterfront campus in Seattle. Expedia plans to relocate to the new campus in the City of Seattle from its current location in downtown Bellevue by 2018. Expedia’s future campus is ideally situated at the north end of Seattle’s waterfront, which is in the midst of a billion dollar redevelopment and re-emergence as a world-class park, and located just minutes from downtown Seattle and along the Elliott Bay shoreline.

St Lucia records serge in tourism bookings

St Lucia records serge in tourism bookings

The Expedia group has recorded significant increases in travel demand for properties of all-star levels on the island of St. Lucia. Overall, demand increased more than 20 per cent in the first quarter of 2015 when compared to the same time last year. Demand is even more significant for four and five star properties, with an increase year over year of approximately 25 per cent.