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The three big U.S. online travel companies have reported earnings, which for the most part were very solid. However, in digging deeper into the numbers, and taking valuation into consideration ...
Kiichiro Sato/AP The shakeout in online travel continues. Expedia (EXPE) turned heads last week after announcing a $1.34 billion deal to acquire smaller rival Orbtiz Worldwide (OWW). Orbitz had ...
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 ...
You might have noticed the recent debate about whether or not Priceline is overpriced. At the time of this writing Priceline trades at $1,280 per share, which makes it the highest-priced stock in ...
Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity, as well as a solution [buzzword] to lower airline distribution costs. Continental Airlines , Delta Air Lines , Northwest Airlines , and United Airlines , subsequently joined by American Airlines , invested a combined $145 million to ...
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