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Microsoft, Expedia, others file complaint over Google’s domain name ‘land grab’

Fairsearch.org, a lobbying group whose backers include Microsoft, Expedia, TripAdvisor and Nokia, has filed objections over Google’s attempts to take control of genric top-level domains such as .search, .fly, .map and more than 100 other extensions. Calling it a domain name “land grab,” Farisearch argues in its complaint to the Internet Corporation for Assigned Names and… Read More

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Florida court hands victory to Expedia, other online travel companies over lodging tax

Expedia and other online travel companies won a crucial decision this week when the The First District Court of Appeals in Florida ruled that the travel companies do not have to impose hotel occupancy taxes. “Our members maintain the same ambition now as we did prior to litigation: to successfully encourage travelers and tourists worldwide to… Read More

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Expedia revenue hits $975M on strength of hotel business

Expedia is flying high again. The Bellevue-based online travel giant today posted fourth quarter revenue of $975 million, a 24 percent increase over the same period in 2011. For the year, the company topped $4 billion in revenue, a 17 percent increase. Net income dropped to $6.9 million, down from $70 million for the same… Read More

A search for Portland hotels on Room 77

Expedia leads $30M deal in hotel search startup Room 77

Expedia is leading a $30.3 million investment in Room 77, an online travel startup whose search service is designed to help people find the perfect hotel room. Though based in Mountain View, California, Room 77 has multiple connections to the Seattle online travel industry. Other investors in the company include Expedia founder and Zillow Chairman… Read More

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Facebook’s former Seattle site director is building a new travel startup in town, but he’s not saying much about it

Ari Steinberg, the former site director for Facebook’s engineering office in Seattle, is cooking up a new travel-oriented startup in town. The Stanford-trained computer scientist isn’t saying much about the startup, though it is operating in the travel space and will be based in Seattle. “Sorry, no other details for now, still stealth :)” Steinberg… Read More

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Priceline acquires Kayak for $1.8 billion

Priceline.com Inc. announced today the acquisition of fellow travel website Kayak. Priceline paid approximately $500 million of the consideration in cash and $1.3 billion in equity and stock options. This is big news for Bellevue-based travel giant Expedia, who will now have to compete against a stronger and more robust Priceline. In its earnings report released last… Read More

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Expedia shares soar 13% as profits beat expectations

Shares of Expedia jumped more than 13 percent as the Bellevue online travel company reported stronger revenue and profits than analysts expected in part buoyed by hotel room sales in Asia-Pacific and Europe. (Stock price has been updated). Revenue grew 17 percent to $1.19 billion, while adjusted net income increased four percent to $188 million,… Read More

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Google buys Frommer’s travel guides

Google is buying another old-school media property, this time announcing that it has gobbled up the well known Frommer’s travel guidebooks. The Wall Street Journal first reported the news, and Google confirmed the deal this morning. The Journal notes that it is unclear whether the physical guidebooks will continue to be published, and reports that… Read More

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IPO Friday: Kayak and Palo Alto Networks soar in debuts

It was one year ago today that Zillow competed its initial public offering, a milestone that we noted in our story yesterday on the impressive rise of the online real estate company. Now,  two other tech companies are looking to follow in Zillow’s successful path, hoping July 20th marks some magical date. So far, it… Read More

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Yapta charts new course with former Sabre exec as CEO

Online travel upstart Yapta continues on its new course today with the appointment of James Filsinger as CEO. A former executive at Sabre Holdings who most recently served as CEO of EZYield.com, Filsinger takes over from interim CEO Ken Myer who helped launch Yapta’s new FareIQ product during his seven-month assignment. “James is a proven… Read More