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AH&LA Opposes Expedia-Orbitz Merger

AH&LA Opposes Expedia-Orbitz Merger

The American Hotel & Lodging Association today announced its opposition to Expedia’s pending $1.6 billion acquisition of Orbitz, which is currently being reviewed by the Department of Justice (DOJ). Katherine Lugar, president and CEO of AH&LA, says the association believes ...

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Senators Klobuchar and Lee Question Orbitz, Expedia Merger

Senators Klobuchar and Lee Question Orbitz, Expedia Merger

WASHINGTON, D.C.—U.S. Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) today called on the Department of Justice (DOJ) to closely scrutinize the proposed acquisition of Orbitz by Expedia. Online travel agencies serve an important role in encouraging a competitive market ...

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Expedia to Acquire Orbitz Worldwide for $1.6 Billion

Expedia to Acquire Orbitz Worldwide for $1.6 Billion

Today, Expedia Inc. announced that the company will acquire Orbitz Worldwide Inc. and all of its associated brands for $12 cash per share, an approximate total value of $1.6 billion. “We are attracted to the Orbitz Worldwide business because of ...

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Expedia Acquires Travelocity for $280 Million

Expedia Acquires Travelocity for $280 Million

Expedia Inc. has acquired Travelocity from Sabre Corporation for $280 million in cash. The acquisition follows the 2013 strategic marketing agreement between Expedia and Travelocity under which Expedia has powered the technology platforms for Travelocity’s U.S. and Canadian websites along ...

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Expedia Announces Feedback and Daily Rate Tech Tools

Expedia Announces Feedback and Daily Rate Tech Tools

BELLEVUE, Wash.—Expedia Inc. announced today the release of two new products capitalizing on the investment of its Real Time Data Platform: Real Time Feedback and Sell Tonight; powerful new tools for hoteliers and travelers alike. Available now in select test ...

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