Expedia being spun off
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IAC/InterActive Corp. plans to split itself in two by spinning off online travel service Expedia.com and related businesses into a company called &quot;Expedia,&quot; saying IAC&#39;s public perception as a travel company was hindering its growth.
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What better acquisition for a niche travel search engine company than a niche travel social network?Today SideStep announced that they have done just so with the acquisition of TripUp, a web community based around travel. TripUp is a popular online destination chocked full of user generated travel blogs, photos, videos, maps, and reviews; somewhat similar to [...]
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Shares of Expedia Inc. plunged Monday after the online travel agency said it would curtail stock-buyback plans because of a lack of financing on acceptable terms.
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The French luxury goods giant Louis Vuitton has ended its sponsorship of the Americaâs Cup after 24 years because of concerns that the event has become too commercial. The chief operating officer of Americaâs Cup Management, Michel Hodara, called the criticism an exaggeration.
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DECEMBER 21, 2004 -- New York -- IAC/InterActive Corp today announced it plans to spin off its online travel-booking business into a company named for its best-known travel brand, Expedia.
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It&#39;s official: The lunatic fringe has clearly gotten loose. There really is no other way to explain what&#39;s going on with shares at online travel company Travelzoo (Nasdaq: TZOO).
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Holidaymakers who thought they had lost out on a cruise after the collapse of Travelscope may have a lifeline.
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The Motley Fool - I have vivd memories of a certain consulting engagement where I resided at a one-star motel (having put off making my reservations until the last minute). While the staff was excellent, the motel was a bit lacking in terms of ironing boards and conditioner -- nothing the nearby CVS couldn't solve.
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Travel: Tourists spend up to Â£15,000 on bogus offers, but new laws do not come into effect until 2010.
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Gloucestershire-based travel company, Travelscope Holidays, is placed into administration.
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Now that weâve got tourists blasting into space, we have to give them somewhere interesting to drop their disposable income. Commentary by Lore SjÃ¶berg.
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Ebookers, the travel website, is being sold to US hotel and car rental giant Cendant in a Â£209m deal that means a huge windfall for chief executive Dinesh Dhamija.
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Online travel agency ebookers succumbed to a Â£209m bid from American travel and real estate group Cendant yesterday in a move which will see founder, chairman and chief executive Dinesh Dhamija pocket more than Â£92m.
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Travel company Thomas Cook, which recently merged with rival MyTravel, will close 150 stores and six offices.
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There is some concern that roaming fees, which are being waived until the end of the year, will later be reimposed. Ken Dulaney of Gartner does not think this is likely, however, because the agreement
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IAC/InterActiveCorp., saying its growth is being hindered by the perception that it is strictly a travel company, on Tuesday said it plans to split itself in two by spinning off online travel service Expedia.com and related businesses into a company to be called Expedia.
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It used to be that a trip to Africa or Antarctica qualified as an exotic tourist destination. But cash-rich tourists seeking adventure are now rejecting earthly adventures for destinations that are more out of this world.