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 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 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


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


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

Widjaya Ivan photo

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


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


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