kayak

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

expedia-app

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

frommers1

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

kayak

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

yapta

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

concur

Firm files protest over Concur’s $1.4B government contract, dubs it an unfair 15-year monopoly

Shares of Concur Technologies soared earlier this month after the Redmond company was awarded a $1.4 billion contract to provide travel and entertainment expense management services to the government, with CEO Steve Singh saying at the time that they were “thrilled” with the decision. But not everyone is happy about it. In a protest filed June… Read More

geeksguideairtravel

The Geek’s Guide to Air Travel

You say you know what it’s like to live like a geek. But do you know how to fly like one? I do. And not like the annoyingly self-important “look at these cool-expensive-huge headphones that I just bought with the red light that make me look like a Star Wars Cloud City administrative aide” road warriors…. Read More

jenn11-featured

Next IT’s virtual travel agent aids airlines without the human touch

You may have already come across “Jenn” at Alaskaair.com or “Alex” at United.com, the virtual travel agents that help consumers gets answers to their travel questions. Now, the company behind those virtual agents, Spokane’s Next IT, is rolling out a more powerful offering dubbed ActiveAgent for Airlines that is designed to more quickly answer questions… Read More

expedia-app2

Expedia shares slump after revenue grows by seven percent in Q4

Shares of Expedia fell more than seven percent in after hours trading after the Bellevue online travel company reported fourth-quarter and year-end results that disappointed Wall Street. Marketing, administrative and technology expenses all rose during the fourth quarter, a period in which Expedia spun off its TripAdvisor unit into a separate company. Selling and marketing… Read More

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Legalize couchsurfing: Why renting rooms shouldn’t be like harboring fugitives

Tight budgets and the internet have given rise to the hottest new thing in travel accommodations. Web-based company Airbnb has received a lot of press recently for its for-profit service that matches travelers with spare bedrooms, such as mine (pictured). It’s already growing like moss in the Northwest winter, but the potential is much bigger than most… Read More

expediasmall

Expedia Worldwide president Scott Durchslag departs

Scott Durchslag has resigned as president of Expedia Worldwide after just 13 months on the job. Durchslag previously worked as chief operating officer of Skype and corporate vice president at Motorola. The departure from the online travel giant is somewhat surprising in part because Durchslag just last month was an active participant in Expedia’s media day…. Read More

googleita

Is Google playing unfair in online travel?

One of the big fears over Google’s purchase earlier this year of ITA Software was that the search giant would favor its own travel search results when consumers were looking to purchase tickets. Now, that fear is becoming a reality. According to a report in The Wall Street Journal today, Google is now showcasing its… Read More

tripadvisor

TripAdvisor takes flight from Expedia as a $4 billion company

After months of preparation, Expedia is finally waving goodbye to TripAdvisor. The companies announced today that they’ve successfully split operations, with TripAdvisor becoming an independent publicly-traded company on the Nasdaq under the ticker symbol TRIP. “This is a truly exciting time for TripAdvisor, and we are eager to continue to innovate on behalf of our… Read More

Tom Romary

Yapta CEO Tom Romary departs for new job in Silicon Valley

Yapta chief executive Tom Romary is leaving the online travel company that he co-founded in 2006 to take a new job in Silicon Valley as  senior vice president of consumer services at Rearden Commerce. He’s being replaced on an interim basis by Ken Myer, a longtime Seattle technology executive who previously served as CEO of… Read More

expedia1

Expedia shareholders approve TripAdvisor spin-off

Expedia shareholders have approved the spin-off of TripAdvisor, the online travel review site. The deal — expected to occur on December 20th — will be preceded by a one-for-two reverse stock split of Expedia stock immediately prior to the spin-off. TripAdvisor, which will be based in Newton, Massachusetts, is expected to begin trading on the… Read More

babyshower1

Startup Spotlight: Baby Shower For Guys looks to help dudes plan ‘mancations’

The bachelor party has become an important rite of passage for guys, marking the transition from single to married life. Now, a Seattle startup is hoping to popularize a new tradition for the dudes. It’s called BabyShowerForGuys.com. “Expectant fathers and their buddies deserve one last all-out getaway before welcoming a baby into the family, and we’re… Read More

expedia-app2

Shares of Expedia slip after weakness in airfare bookings

Shares of Expedia fell more than five percent in after hours trading Thursday after the Bellevue-based online travel company posted earnings that disappointed Wall Street. The company boosted revenue by 15 percent and net income by 19 percent, but shares still fell. Revenue for the third quarter was $1.1 billion, up from $987 million during… Read More

expedia-dara1

From CD-ROM to dot-com, Expedia celebrates 15 years

Fifteen years ago, Expedia took flight under the wings of Microsoft as a maker of CD-ROM travel guides. Today, it is a giant of online travel, with more than 2,000 employees in Bellevue and a market value of $7.7 billion. Expedia celebrated 15 years in business last week with presentations by CEO Dara Khosrowshahi and… Read More