Expedia, Inc.
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| Expedia, Inc. | |
|---|---|
| Type | Public (NASDAQ: EXPE) |
| Founded |  1995 (As a group in Microsoft - Redmond WA) |
| Headquarters | Bellevue, Washington, USA |
| Key people | Barry Diller, Chairman Dara Khosrowshahi, CEO |
| Industry | Travel, Technology |
| Products | Expedia.com Classic Vacations Hotels.com Hotwire.com Tripadvisor |
| Revenue | $2.665 billion (2007) |
| Employees | 7200 (2007) |
| Website | expediainc.com |
Expedia, Inc. (NASDAQ: EXPE) is an American company headquartered in Bellevue, Washington that operates the Expedia travel website, along with other travel-related properties including Hotels.com. The company serves customers in Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Norway, Spain, Sweden, the United Kingdom, the United States, and now India and New Zealand. It is part of both the S&P 500 and NASDAQ-100 stock market indices.
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[edit] History
Founded as a division of Microsoft in October 1996,[1] Expedia was spun off in 1999, and was later purchased by USA Networks in 2001[2] (USA changed its name to InterActiveCorp in 2003[3]). IAC spun off its travel group of businesses under the Expedia, Inc. name in August 2005, including Expedia, Expedia Corporate Travel, TripAdvisor, Classic Vacations, eLong, Hotels.com, and Hotwire.com.[4]
[edit] Key people & Alumni
[edit] Products
[edit] Expedia
[edit] Hotels.com
[edit] Hotwire
[edit] Competitors
[edit] Locations
Expedia, Inc. Headquarters are in Bellevue, Washington (Sunset North Campus — I90 corridor), which is on lease and is set to expire in December 2008, by which time, the headquarters would move to Bellevue WA downtown. At this location, Expedia has leased 15 floors (3 to 18) of a 20 floor building called Tower 333, currently under construction by Heines. Initially it was widely speculated that Google wanted to occupy most of the building, but a crane accident in 2006 caused delay and Google backed out of the project.
[edit] Accolades
Recently Expedia featured in the most admired Internet companies in the United States list, released by Fortune. Expedia ranked 3rd, after IAC and Google, and was followed by Amazon.com at 4th place. [5]
[edit] References
- ^ The 'Net Magazine, March 1997 issue, "Where Do You Really Want To Go Today?", page 21.
- ^ Expedia Press Room - Press Releases
- ^ USA Interactive to Change Name to InterActiveCorp iac.com
- ^ IAC Completes Spin-Off of Expedia, Inc., ExpediaInc.com, press release
- ^ America's Most Admired Companies 2008: Industry: Internet Services, Retailing | FORTUNE
