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Expedia Inc. is an online travel agency owned by Expedia Group, based in Seattle. [1] The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, and vacation packages. Expedia.com was launched on October 22, 1996 by Microsoft. [2]
Expedia Cruises is a travel agency franchise company established in 1987, specializing in marketing and sales of air, land & cruise vacations. Through its network of 300 independently owned retail locations and 7,000+ Vacation Consultants in North America, the company has year over year grown in sales for the past two decades.
In September 2003, IAC/InterActiveCorp, which had acquired Expedia in 2001, announced its acquisition of Hotwire.com for $663 million. [7] In 2004, an internet research firm estimated that through cross-advertising between Hotwire and Expedia, IAC was able to reach a total of an additional 1.5 million unique visitors to both websites monthly. [8]
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