Expedia shares up 4% after posting Q2 revenue of $1.5B

Shares of Expedia rose Thursday after the Bellevue online travel giant beat analyst expectations with its second quarter earnings. The Bellevue-based travel giant reported adjusted net income of $137.6 million (up 52% from last year) on revenues of $1.5 billion (up 24% from last year), both of which eclipsed Wall Street’s predictions. The stock was up more then… Read More


Customer files lawsuit against Expedia after paying $650 in surprise bag fees

No one likes paying bag fees. But one Expedia customer is taking it a step further — suing Expedia after paying $650 round-trip for his family of four’s luggage after the online travel agency claimed the first checked bag would be free with the airfare purchase. The lawsuit, which is seeking class action status, was filed in King County Superior Court… Read More

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The honeymoon is over: Expedia and Groupon no longer co-branding travel deals

Groupon and Expedia are scaling back a 3-year-old partnership that focused on selling heavily discounted travel deals together. A Groupon spokesman confirmed today that the daily deals company and the online travel agency are no longer co-branding deals through a joint venture launched in the summer of 2011. The travel deals site, which was originally called “Groupon Getaways with… Read More


Expedia buys Australian travel firm for $658M, tamps down ‘inaccurate’ eLong rumors

Expedia is making waves overseas. The Bellevue-based online travel giant announced Monday morning that it plans to buy Australian online travel company Wotif.com for $658 million in cash. Wotif Group operates online travel brands in the Asia-Pacific such as Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au and Arnold Travel Technology. Wotif Group recorded $555… Read More

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Book a hotel with Bitcoin: Expedia starts accepting digital currency for reservations

Bitcoin users looking for a place to stay while traveling now have a whole bunch of new options. Expedia says it will now start accepting Bitcoin payments for hotel reservations, so people who have the cryptocurrency will be able to reserve rooms from hotels around the world without converting their currency. The new feature is made… Read More

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Last-minute travel heats up with new mobile offering from Airbnb

Airbnb is experimenting with a new service that will enable the San Francisco company to enter the very crowded field of booking last-minute accommodations over a phone. Starting today, Airbnb will allow travelers to book affordable rooms for rent in people’s homes or luxury vacation houses for the same day. The service is launching today in Los Angeles and San Francisco, and Airbnb says… Read More


Expedia posts 19% gain in revenues, cash hoard grows

Shares of Expedia rose Thursday after the Bellevue online travel giant posted a solid first quarter, reporting adjusted net income of $21.5 million on revenues of $1.2 billion. Those results beat analysts’ expectations. The stock was up four percent in regular trading, and inched up another point in after hours. Expedia is up 26 percent… Read More

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Airbnb may be worth more than Expedia

Airbnb is reportedly in talks to raise up to $500 million at a $10 billion valuation, which would make it worth slightly more than publicly held Expedia. The six-year-old San Francisco start-up epitomizes the sharing economy, by allowing people to rent out unused rooms in their home — or entire islands and castles — to anyone… Read More


World’s largest travel site? Expedia and TripAdvisor both lay claim to title

Expedia has started claiming in its ads that it’s the “world’s largest travel site.” It’s an interesting assertion, considering that TripAdvisor, which spun off from Expedia in 2011, also refers to itself as “the world’s largest online travel site.” They both base their claims on data from comScore, so who’s right? As it turns out,… Read More


Expedia CEO discusses Google smackdown

Shares of Expedia took a hit last month after SearchEngineLand reported that the Bellevue online travel giant had lost about 25 percent of its search visibility on Google after it was allegedly penalized for paying for links to boost its search ranking. In a conference call last week in which the company reported strong earnings, Expedia… Read More


Shares of Expedia jump as Q4 revenues top $1.1 billion

Expedia, the Bellevue online travel giant, saw its revenue increase 18 percent during the fourth quarter as it showed increases in hotel room nights and improvements in advertising and media revenue. Revenue for the fourth quarter was $1.15 billion, up from $974.9 million in the same period in 2012. Adjusted net income came in at… Read More


Relive the GeekWire Summit with photos, Twitter reaction

From a fantastic talk with Rich Barton and Bill Gurley to a former Amazon exec comparing shopping to sex, the 2013 GeekWire Summit was one to remember. Thanks to the more than 700 of you who came out to Thursday’s day-long event, where we enjoyed excellent conversations with industry leaders, great networking and tasty food…. Read More


Deal of the day: Travelocity partners with rival Expedia

Travelocity is holding onto its brand. But the guts of the online travel agency, which is owned by travel giant Sabre, are being outsourced to longtime rival Expedia. In a deal that was announced today, Bellevue-based Expedia said that it will power Travelocity’s Web sites in North America, providing the back-end technology. It’s an interesting… Read More


Expedia’s eLong establishes $100M fund to bankroll mobile travel startups

It’s a good time to be a travel-oriented startup. eLong, the Chinese travel giant that’s partially owned by Expedia, said that it plans to create a $100 million fund to invest in startups developing mobile hotel technologies. “We see an accelerating trend towards mobile hotel bookings, which comprised more than 20% of our hotel room nights in Q2,… Read More


Shares of Expedia tumble 25 percent after online travel giant hits Q2 ‘headwinds’

Shares of Expedia are getting trashed in after-hours trading, following the Bellevue company’s latest earnings announcement which showed a 27 percent decline in adjusted net income. The company’s earnings missed targets, which analysts had estimated would come in at an average of 79 cents earnings per share. The company came in at 64 cents earnings… Read More

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Tech Moves: Doug Aley leaves Zulily for Room 77; Vittana taps CEO; Ex-RealNetworks CEO lands at Brightcove; UserMind; etc.

Doug Aley is jumping back into the online travel business, taking a new job as vice president of product development at hotel search engine Room 77. “Room 77 has established itself as an innovator that’s pushing the limits of hotel search, and I’m really excited to join the team and disrupt this category for the… Read More