Expedia News Page 3
Expedia Group records huge 2020 loss
Expedia Group has reported a loss of $2.69 billion, or $19 a share, for financial 2020 as the Covid-19 pandemic took a huge toll on the travel sector around the world.
UNWTO signs Expedia partnership to drive tourism recovery
The World Tourism Organisation has signed a deal to work alongside the Expedia Group to strengthen ties between the public and private tourism sectors.
Expedia offers $275m in support to hospitality partners
Research carried out by the group in April shows lodging partners want support from online travel agencies in four priority areas as they look to rebound from the pandemic.
Expedia sees revenue slump but offers positive long-term view
Expedia saw revenue fall 15 per cent, to US$2.2 billion, during the first quarter of financial 2020, as the Covid-19 pandemic took a huge toll on the company.
New chief executive for Expedia as company raises cash
Expedia has unveiled plans to raise US$3.2 billion in new capital as international travel stalls in the midst of the coronavirus pandemic. At the same time, Peter Kern has been appointed chief executive of the company.
Expedia unveils huge job cuts to slim organisation
Expedia has said it will dismiss around 3,000 members of staff, including 500 at its headquarters in Seattle. The cuts represent around 12 per cent of the workforce.
Expedia chief Okerstrom steps down after two years
Mark Okerstrom has stepped down as chief executive of Expedia Group after two years in the role. Chief financial officer, Alan Pickerill, will also leave the company, effective immediately.
Swoop partners with Expedia for new holiday offering
Swoop has launched Swoop Getaways in collaboration with Expedia Partner Solutions. The Canada-based low-fare airline will now offer holiday packages for the first time, including trips across Canada, the United States, Mexico and the Caribbean.
Which? accuses hotel booking sites of unfair practices
Major hotel booking sites are still skewing search results, using pressure tactics and claiming false discounts despite a major clampdown, according to new Which? research.
Expedia launches airline luggage allowance guide
Expedia have launched an interactive airline luggage allowance guide to help people shopping for flights find out which one really is best for them.
Hotel booking sites warned over misleading sales in UK
Hotel booking sites in the UK have been censured by the Competition & Markets Authority following a serious of concerns around pressure selling, misleading discount claims and hidden charges.
Vueling Holidays launches in partnership with Expedia
In an exclusive agreement, Vueling Holidays, powered by Expedia’s white-labelled online template, gives travellers access to flight and hotel package deals, including Expedia Group’s global supply of more than 500,000 accommodations in over 25,000 destinations worldwide.