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The U.S. Bureau of Labor Statistics' latest inflation numbers held some good news for holiday travelers. Following a 0.8% increase in September, the index for airline fares fell 1.1% in October,...
In September 2003, IAC/InterActiveCorp, which had acquired Expedia in 2001, announced its acquisition of Hotwire.com for $663 million. [7] In 2004, an internet research firm estimated that through cross-advertising between Hotwire and Expedia, IAC was able to reach a total of an additional 1.5 million unique visitors to both websites monthly. [8]
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In 2015, Expedia announced that it would move its headquarters to the Interbay neighborhood of Seattle, purchasing the Amgen campus on the Elliott Bay waterfront for $228.9 million and investing an additional $900 million on renovation and expansion of the 41-acre (17 ha) campus to 1.23 million square feet (114,000 m 2). The first employees ...
Opodo is a Spanish-owned online travel agency which offers deals in regular and charter flights, low-cost airlines, hotels, car rental, dynamic packages, holiday packages and travel insurance. It is a pan-European enterprise, founded by a consortium of European airlines , including British Airways , Air France , Alitalia , Iberia , KLM ...
However, given the competitive pricing, the third-party online travel agencies get a very low margin on air ticket bookings that make up less than 10% of our $30.60 Trefis price estimate of ...
The United States Department of Justice ruled in 2003 that Orbitz was not a cartel and that there was no evidence of price fixing. [4] Nielsen's Net rating division that the launch of the Orbitz website in June 2001 was the biggest e-commerce launch ever to that date. [5]
Thousands of Amazon workers at the company's first-ever unionized warehouse voted to authorize a strike on Friday, claiming the tech giant has refused to recognize the union and negotiate a ...