Arab Today, arab today expedia buys travelocity for 280m
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Expedia buys Travelocity for $280m

Arab Today, arab today

Arab Today, arab today Expedia buys Travelocity for $280m

Dara Khosrowshahi
New York - AFP

Expedia said Friday it is buying rival Travelocity in a $280 million deal merging two of the largest online travel operators.
The all-cash deal calls for Expedia to acquire its rival from travel software firm Sabre Corp and follows a 2013 agreement in which Expedia powered the tech platform for Travelocity's US and Canadian websites.
"Travelocity is one of the most recognized travel brands in North America, offering thousands of travel destinations to more than 20 million travelers per month," said Expedia president and chief executive Dara Khosrowshahi.
"The strategic marketing agreement we've had in place has been a marriage of Travelocity's strong brand with our best-in-class booking platform, supply base, and customer service," he said.
"Evolving this relationship strengthens the Expedia family's ability to continue to innovate and deliver the very best travel experiences to the widest set of travelers, all over the world," Khosrowshahi added.
The move comes amid increased competition in the travel sector from websites such as Priceline-owned Kayak and others which scan the Internet for the best deals.
Expedia operators other travel sites including Hotels.com and Carrentals.com.
Sabre, which manages online reservations for airlines and hotels. last year decided to focus on software and services, and sold another travel website lastminute.com.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today expedia buys travelocity for 280m Arab Today, arab today expedia buys travelocity for 280m

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today expedia buys travelocity for 280m Arab Today, arab today expedia buys travelocity for 280m

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday