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, 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 Holdings Limited today announced a record $53.0 million full year after tax profit
Wotif Group, operator of leading travel brands in the Asia Pacific, today announced the appointment of Sebastian Fontanarossa as its new Group Product Director (Accommodation) – Asia.
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”).
Wotif.com has appointed several new staff at it’s European headquarters to mirror the growth in its Irish, Italian and Eastern European markets.