United Kingdom
United States
Asia Pacific
Expedia in the black
Tuesday, 04 Nov, 2002
0
US Internet giant Expedia reported a $20.1 million profit in the third quarter, compared with a $4.8 million loss in the same period last year.
The improvement was mainly due to revenue from non-US businesses and merchant hotel sales, both of which tripled.
Meanwhile, Expedia plans to strike deals to enter the Asia-Pacific region early next year. Instead of using its own branded Web sites, the company plans to operate on a private-label basis. It will be a booking engine or inventory provider, depending on its partnerships.
Hong Kong, Australia, Singapore and Japan have all been targeted. Expedia has also said it plans to unveil a corporate product before the end of the year.
Walt Leger on New Orleans’ Resilience and Major Events Ahead
Cindy Mackin Shares Estes Park’s Winter Thrills
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
BA suspending all Heathrow to Abu Dhabi flights
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Report: Cruise guest died after ship lashed in heavy storm
British teen in serious condition after paraglider collision