Expedia Inc.
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Expedia Inc.'s headquarters in Bellevue, Washington
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| Public | |
| Traded as |
NASDAQ: EXPE NASDAQ-100 Component S&P 500 Component |
| Industry |
Travel Technology |
| Founded | October 22, 1996 (as a division of Microsoft) |
| Headquarters | Bellevue, Washington, U.S. |
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Key people
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Barry Diller (Chairman) Dara Khosrowshahi (CEO) Mark Okerstrom (CFO) |
| Products | CarRentals.com CheapTickets Classic Vacations Ebookers Egencia Expedia.com Expedia Affiliate Network Expedia Local Expert Expedia Cruise Ship Centers Expedia Global Partner Solutions HomeAway Hotels.com Hotwire Group Orbitz Travelocity trivago Venere.com wotif.com |
| Revenue |
 US$8.774 billion (2016)
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| US$461.7 million (2016) |
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 US$281.8 million (2016)
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| Total assets |
US$15.778 billion (2016)
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| Owner |
Liberty Interactive (7.88%) Barry Diller (4.00%) |
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Number of employees
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20,000 (December 2016) |
| Website | www |
Expedia, Inc. is an American travel company that owns and operates several international global online travel brands, primarily travel fare aggregator websites and travel metasearch engines including Expedia.com, Hotels.com, Hotwire.com, trivago, Venere.com, Travelocity, Orbitz, and HomeAway.
The company operates more than 200 travel booking websites in more than 75 countries, and has listings for more than 350,000 hotels and 500 airlines.
According to Rich Barton, the first CEO, the word "Expedia" is derived from a combination of “exploration and speed” and contains the high-point Scrabble letter "X."
The company has received many awards and accolades.
Founded as a division of Microsoft in October 1996, Expedia was spun off in 1999.
In 2003, it was purchased by IAC/InterActiveCorp.
In August 2005, IAC spun off Expedia Inc., which owned its travel group of businesses, including Expedia, Expedia Corporate Travel (now Egencia), TripAdvisor, Classic Vacations, eLong, Hotels.com, and Hotwire.com.
In December 2011, Expedia, Inc. spun out TripAdvisor Media Group, retaining its portfolio of travel transaction brands.
On December 21, 2012, Expedia bought a majority stake in travel metasearch engine Trivago in a combined cash and stock deal worth €477 million (approximately $630 million).
In 2012, Expedia's Egencia unit acquired Via Travel, the largest travel company in Norway. The acquisition boosted Expedia's total sales, making it the top earning travel company for 2013.
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Wikipedia