Expedia News Page 5
Expedia to offer rail travel in UK
In partnership with SilverRail and supported by the Association of Train Operating Companies and the Rail Delivery Group, Expedia customers will soon be able to also purchase rail travel throughout Britain alongside the travel options already on offer. The availability of rail on Expedia.co.uk will mark the first time a global, full-service online travel agency has offered a rail component in addition to other travel products such as air, hotel, car rental, activities and packages.
Expedia launches Hotels.com for Partners
Expedia Affiliate Network has launched Hotels.com for Partners, a new online platform that allows partners such as airlines and travel companies to white label or co-brand with Hotels.com, and access its huge list of hotel rates and availabilities, increasing customer loyalty and traveller spend as a result.
SilverRail signs Egenica for US rail expansion
SilverRail has announced an extension of its partnership with Egencia, the business travel brand of Expedia, Inc. Egencia has used SilverRail’s API and expertise to supply its corporate customers’ Amtrak bookings in the US since 2010.
Expedia and Amadeus extend global partnership
Expedia and Amadeus IT Group have announced a new global, long-term agreement. The agreement enables Expedia to offer air, car, rail, cruise, and hotel products through the Amadeus global distribution system, and adds Orbitz Worldwide brands in addition to the Expedia, Hotwire, Travelocity, Wotif Group, Expedia Affiliate Network and Egencia brands covered by the previous agreement.
Expedia plans design for new headquarters
Expedia has revealed the initial design vision for its future campus in the City of Seattle. Expedia’s Phase I plans include new construction, the adaptive reuse of the existing buildings, and the development of outdoor green spaces.
Expedia PartnerCentral app goes Caribbean wide
The Expedia PartnerCentral app, which originally rolled out in June 2015, will now be available for Caribbean hotel partners in multiple languages including Spanish, French and Dutch. The app allows hotel partners to manage their business with Expedia anytime, anywhere.
Expedia CruiseShipCenters plans growth in 2016
Expedia CruiseShipCenters ended 2015 on a high note with substantial growth into new U.S. markets in addition to being named a top franchise opportunity. In 2015, the retail travel company met 33 percent year-over-year distribution channel growth when it awarded a record 40 new travel agency franchises. The brand looks to propel growth plans even farther in 2016.
Expedia reveals surge in demand for Caribbean travel
The Expedia group has reported at Caribbean Travel Marketplace an increase in travel demand of 20 per cent year over year for the Caribbean via the company’s platforms during the third quarter of 2015 with significant growth reported across the entire region. The company also reports that Punta Cana in the Dominican Republic remains the top producing market in the Caribbean with more than 15 per cent growth year over year in the third quarter of 2015 when compared to the same period in 2014.
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 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 completes $1.6bn Orbitz acquisition
Expedia has completed its acquisition of Orbitz Worldwide, Inc., including all of its brands and assets, for US$12.00 per share in cash, representing an enterprise value of approximately US$1.6 billion. With the completion of the transaction, Orbitz Worldwide stock is no longer being traded on the New York Stock Exchange.
Expedia brings PartnerCentral App to market
Expedia has introduced the PartnerCentral App for iPhone and Android. This mobile app is touted as a new way to help hoteliers manage their business on Expedia anytime, anywhere, and was created to help solve the everyday problems hoteliers face in an increasingly fast-paced and competitive world.