Online Travel Leader Continues Global Expansion, Extends International Selection to Indian Travelers
NEW DELHI, India, March 6 /PRNewswire-FirstCall/ — Expedia, Inc. (NASDAQ: EXPE), the world’s leading online travel company, today announced its entry into India with the launch of Expedia.co.in (http://www.expedia.co.in/). Expedia.co.in is the newest addition to Expedia, Inc.’s global portfolio and is the seventeenth Expedia® branded site. Its launch marks continued momentum for Expedia in its global expansion efforts, and further emboldens the company’s leadership in the Asia-Pacific region.
“The launch of Expedia India provides us an additional foothold as we continue to invest aggressively in Asia to match the enormous scale and potential of the region,” said Dara Khosrowshahi, CEO, Expedia, Inc. “Our goal is to grow our international revenue to half of our total revenue, and burgeoning travel markets like India are key to achieving that goal.”
In 2007, Expedia, Inc.’s international revenue accounted for 32 percent of worldwide revenue, up from 28 percent in 2006. The online travel market in India is projected to have strong growth potential, and Expedia is looking to establish a leadership position in the market.
Expedia.co.in has been designed specifically for Indian travelers, offering a global selection of nearly 80,000 hotels and over 3,000 attractions, with payment in Indian rupees. Expedia also provides fully localized service and an in-country customer care center staffed with dedicated agents who speak both Hindi and English.
“As the number of Indians traveling abroad continues to grow, the strength of Expedia’s international supply gives us an advantage over existing travel providers in the market,” said Sharat Dhall, managing director, Expedia India. “We aim to be the International travel expert for Indians, who can now travel the world with confidence with Expedia.co.in.”
About Expedia, Inc.
Expedia, Inc. is the world’s leading online travel company, empowering business and leisure travelers with the tools and information they need to easily research, plan, book and experience travel. Expedia, Inc. also provides wholesale travel to offline retail travel agents and in-destination concierge service and activity desks for travelers. The Expedia, Inc. portfolio of brands includes: Expedia.com®, hotels.com®, Hotwire®, Expedia® Corporate Travel, TripAdvisor®, Expedia Local Expert™, Classic Vacations® and eLong™. Expedia, Inc.’s companies operate more than 50 global points of sale with sites in North America, South America, Latin America, Europe, Middle East, Africa and Asia Pacific. Expedia, Inc. is a component of the S&P 500 index. For more information, visit http://www.expediainc.com/ (NASDAQ: EXPE).
Expedia and Expedia.com are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Classic Vacations is either a trademark or registered trademark of Classic Vacations, LLC in the U.S. and/or other countries. hotels.com is either a trademark or registered trademark of hotels.com, L.P., a subsidiary of hotels.com in the U.S. and/or other countries. Hotwire is either a trademark or registered trademark of Hotwire, Inc. in the U.S. and/or other countries. TripAdvisor is either a trademark or registered trademark of TripAdvisor, LLC in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.
© 2008 Expedia, Inc. All rights reserved. CST: 2029030-40
SOURCE: Expedia, Inc.
CONTACT: Katie Deines of Expedia, Inc., +1-425-679-4317,