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.
Travelers have come to rely on the convenience and savings of bundling packages at online travel agencies like Expedia, Travelocity and Priceline. This year, these third-party websites have been hit ...
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, ...
InterActiveCorp has ended an agreement between its Hotels.com unit, which sells discounted rooms on the Internet, and Sabre Holdings Corp.'s Travelocity.com. It is shifting the business to its own ...
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 ...
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