Shares of online travel agencies Expedia and Travelocity slumped Thursday after airlines Northwest Airlines and KLM Royal Dutch Airlines jointly said they would eliminate Internet travel commissions.
One of the world's largest providers of electronic booking technology is highlighting Travelocity's shortcomings as it attempts to acquire control of the Web travel agency. Greg Sandoval covers media ...
In Expedia Group's efficiency drive, there's a certain logic to killing some sub-brands as their market share plummets. But what about all those customers who still love Travelocity? In contrast, ...
Expedia Inc. said it's purchased Travelocity from Sabre Corp. for $280 million in cash. Expedia Inc. said it's purchased Travelocity from Southlake-based Sabre Corp. for $280 million in cash.
Travelocity is partnering with Expedia to use longtime rival’s technology platform to power its North American sites. “The agreement includes a provision whereby Expedia could acquire certain of ...
And so the consolidation continues. In the latest notable deal in the online travel sector, Expedia has purchased Sabre's Travelocity. The price is $280 million in cash, which isn't a small amount of ...