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Venere.com snapped up by Expedia
Consolidation hit the online travel industry this week when web giant Expedia announced a deal to buy Italy-based Venere.com.
The purchase of Venere, which offers users a choice of 26,000 accommodation providers in Europe and the US, will boost Expedia’s tally of hotel properties in Europe, the Middle East and Africa by 10,000.
President and chief executive officer Expedia Inc Dara Khosrowshahi said: “Acquiring Venere will bring a well-known, respected European consumer brand to the Expedia portfolio. Additionally, it will immediately expand our supply footprint in Europe, the Middle East and Africa, and enable Expedia to diversify our business model approach to hotel partners worldwide.”
By Dinah Hatch
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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