Expedia on hotel pricing and other trends

As the International Society of Hospitality Consultants began looking toward the second decade of the 21st century, members in attendance at the group’s annual conference heard some interesting observations regarding where the travel-and-tourism industry is heading.
Approximately 150 consultants attended the event at the InterContinental Montelucia Resort & Spa, and opening day speakers addressed the conference’s [...]

Rebound in Bookings Lifts Expedia to 4Q Profit

Online travel company Expedia Inc. said Thursday that higher bookings lifted it to a fourth-quarter profit from a year-ago loss and declared its first-ever quarterly dividend. The news is another encouraging sign for the travel sector, which has struggled during the economic downturn as business and leisure travelers tightened their spending.
Earlier Thursday hotelier Marriott International Inc. [...]

Expedia, Priceline and Orbitz Rejoice at Hotel Tax Rollback

Online travel agencies Priceline, Expedia,Orbitz, Hotwire,Hotels.com and Trip Network celebrated when aLos Angeles Superior Courtjudge overturned an earlier decision making the online companies liable for $21.3 million back hotel taxes and penalties to the city of Anaheim. (Although Anaheim is in Orange County, they moved the case to Los Angeles so it could be handled with similar cases.)
Judge Carolyn Kuhl [...]

Expedia, Inc. to Participate at Citi’s Global Entertainment Media and Telecommunications Conference

Expedia, Inc. (NASDAQ: EXPE) will participate in Citi’s Global Entertainment Media and Telecommunications Conference in San Francisco on Tuesday, January 5, 2010. Expedia, Inc. Chief Executive Officer Dara Khosrowshahi’s presentation will begin at 8:05p.m. Eastern Time (ET). A live audiocast of the session will be available to the public at http://www.expediainc.com/ir. A replay of the [...]