While the impact of these partnerships shall be noticeable only after a few quarters, these have the potential to securely put Expedia on a long-term growth trajectory.
Excluding the charge, Expedia posted a 10% y-o-y increase in Q4 2012 net income.
Defying macro headwinds, Expedia posted a stellar Q3 2012 with 17% y-o-y growth in revenues.
The first in the series is Expedia, a company doing great things to externalizing its activities.
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Expedia owns a social travel site called TripAdvisor, which is considered the premier site for user-generated travel reviews.
Last summer, Expedia began a trial with mobile ad technology provider Drawbridge Inc.
This month, Expedia announced a partnership with Thomas Cook India to provide end-to-end visa services to its customers in the country.
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Expedia announced a partnership with South African Airways, AirTran Airways and AirAsia.
Thus, to better service its mobile users, Expedia launched a new update and rolled out an exclusive feature for its hotel mobile application.
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Expedia sent a cease-and-desist letter to SideStep, to little avail.
Fueled by robust growth in its hotel booking business, online travel agency Expedia posted a 13% increase in gross bookings and a 14% increase in revenues last quarter.
Shares in Expedia have had a good 2011, up more than 15% so far.
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Shortly after joining the company in 2009, the former Expedia executive opened a small office in Sunnyvale, Calif.
He estimates that Expedia will post a profit margin of 21.9% in 2011, factoring increased spending to strengthen its position in international markets, vs. 22.7% in 2010.
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Expedia also operates a corporate travel business, Egencia (egencia.com), which offers custom travel products and services to corporate travelers and businesses, helping then optimize travel costs and improve their employees travel experiences.
The shift to agency model will have a negative impact on working capital as well, but Expedia feels that it has a strong balance sheet to support the same.
Expedia is an online travel agent and earns a commission on travel bookings via Expedia.com, Hotels.com and Hotwire.com.
Drawbridge helped Expedia deliver ads to a large pool of mobile users it believed had recently visited the travel service's desktop website.
The Boston-based company, which was spun off from Expedia last year as a publicly traded company, says it has deployed technology to filter reviews and flag problematic content.
US-based parent company Expedia.com reported a "steadily recovering travel business", while the UK's Lastminute.com has said it does not expect a significant drop in takings following the attacks.
Expedia Rewards Program is a spend-based program offering members reward points in direct proportion to the amount they spend on booking flights, hotel stays, car rentals and other services on Expedia websites.
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According to a study last year commissioned by Expedia and conducted by comScore, around 48% of users use a tablet or smartphone to plan their trips while 44% use a mobile device to search for their next trip, 44% out of which prefer using an application to do the same.
As per a study last year commissioned by Expedia and conducted by comScore, around 48% of the users use a tablet or smartphone to fully plan their trips while 44% used a mobile device to search for information regarding a future trip.
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When you order a ticket from Expedia or call Expedia customer service, TRX handles the request.
The FairSearch coalition, whose members include online travel agencies and complainants Expedia and TripAdvisor, said a third-party monitor should be appointed to ensure that Google lives up to any promises.
TripAdvisor, which collaborates with SmarterTravel (both are owned by Expedia), also instituted a fees estimator, which allows people to figure out what flights will really cost, removing the element of surprise.
She worked for Trip Advisor which had just been purchased by a company that owned Expedia.
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