airbnb office

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

expedialogo

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

expedialogo

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

Concur

Concur invests in Visage to help companies manage mobile devices

Concur is continuing to place bets in startup companies. The latest deal comes today as the Bellevue maker of travel and entertainment expense management software announced a strategic investment in San Francisco-based Visage Mobile, a startup company that’s riding the BYOD (bring your own device) trend. “Our ongoing strategic partnership and new investment in Visage provide Concur customers… Read More

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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

What does this mean?

5 geeky observations from a vacation in Southeast Asia

I saw a lot on my recent trip to Thailand, Cambodia and Singapore. Between the epic temples and beautiful beaches, it was also cool to see how technology is changing halfway across the world. From the countless fake Beats by Dre headphones being sold on the streets to some realizations about in-flight technology, here are… Read More

elong-logo

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

expedia-app2

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

yapta

Yapta takes flight with $4.2M for airfare price tracking

Seattle online travel startup Yapta has reeled in $4.2 million in fresh funding, with an option to raise an additional $2 million later this summer. Existing investor Concur led the round through its Perfect Trip Fund, bringing total funding in the company to $18.3 million. “This funding will enable us to build upon our investment… Read More

concur

Concur continues to bet on the cloud, buys TRX and GDSX

Bellevue-based Concur is making some new buys, announcing today that the maker of travel and expense management has acquired technology solutions from Dallas-based GDSX and Atlanta-based TRX. Terms of the deals were not disclosed. The company labeled the buyout of GDSX as an asset purchase. “By integrating GDSX and TRX into the Concur T&E Cloud,… Read More

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With $2M in Kickstarter funds, asteroid-mining company’s public telescope could find alien planets

It ain’t Kepler, but an upgrade to Planetary Resources’ crowdfunded public telescope could hunt for alien planets. The Bellevue-based asteroid-mining company announced new Kickstarter stretch goals in its campaign to produce the world’s first crowdfunded, public use space telescope. After two weeks, funding sits about $140,000 shy of the original $1 million goal. With 19 days… Read More

travelapps

The Geek’s Guide to International Travel

On my recent vacation to Europe, I traveled without folded maps, paper guidebooks and journals, or physical backup copies of my passport, rail pass and other critical documents. Instead, I relied only on my smartphone – even though it was disconnected from cellular voice and data service for the full ten days. Think of it as the… Read More