Why Orbitz’s international strategy focuses on expansion in China
Orbitz said in its annual filing that it’s focusing on expanding its international presence through both product innovation and new market expansion.
Why is Expedia focusing on growth in international markets?
Expedia has been investing to expand its international footprint, as growth in its core U.S. market has slowed down.
Why Expedia saw revenue from hotel bookings and advertising rise
Expedia reported better than expected results for 4Q13. Revenue was up 18% year-over-year, to $1.152 billion due to growth in hotel room nights and advertising and media revenue.
Expedia rolls out ETP program to compete with agency model peers
During 2012, Expedia introduced the Expedia Traveler Preference (ETP) program in the U.S. that offers travelers the choice to either pay Expedia at the time of booking or pay the hotel at the time of stay.
Online travel giant Expedia’s must-know overview for investors
Expedia’s recent quarterly earnings beat Wall Street estimates, and it posted fiscal 2013 adjusted earnings of $3.22 per share on revenues of $4.8 billion.