Expedia Group Investor Relations Material
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Personalized journeys at your fingertips
Expedia Group is a well-known online travel company that specializes in providing travel and accommodation services to customers worldwide. The company operates an extensive platform that allows users to search, compare, and book flights, hotels, vacation rentals, car rentals, cruises, and other travel-related services. Expedia's platform offers a wide range of options, catering to different budgets, preferences, and destinations, making it a popular choice for travelers seeking convenience and affordability.
Expedia Group operates through two main business segments: Core OTA (Online Travel Agency) and Trivago. The Core OTA segment includes Expedia.com, Hotels.com, Orbitz, Travelocity, and other online travel brands that provide a comprehensive suite of travel services. Trivago, on the other hand, is a metasearch platform that allows users to compare hotel prices and availability across various booking sites, helping them find the best deals.
Started off within Microsoft
Expedia Group is headquartered in Seattle, Washington, and was founded in 1996 as a division of Microsoft. It later became an independent company in 1999. Expedia has grown over the years through strategic acquisitions and partnerships, expanding its global footprint and enhancing its service offerings.
The company operates in over 200 countries and territories, serving millions of customers annually. Expedia's platform is available in multiple languages, ensuring accessibility for a diverse customer base. With its user-friendly interface, advanced search algorithms, and comprehensive travel options, Expedia has become a go-to platform for travelers seeking a seamless booking experience.
Expedia also offers additional services to enhance the travel experience, such as activities, attractions, and travel insurance. The company's goal is to provide customers with a one-stop-shop for all their travel needs, making it easier and more convenient to plan and book their trips.
Competitive landscape
Expedia Group faces competition from other prominent players in the online travel industry. Three notable competitors are Booking Holdings Inc., which owns Booking.com and other travel brands, Airbnb, a popular platform for vacation rentals, and Tripadvisor, a well-known travel review and booking website. These competitors also offer a range of travel services and strive to attract and retain customers in a highly competitive market.
In summary, Expedia Group is a leading online travel company that offers a comprehensive range of travel and accommodation services. With its extensive platform, global presence, and commitment to customer satisfaction, Expedia has established itself as a trusted and convenient choice for travelers worldwide.