Expedia Increases Ownership in AirAsia-Expedia Joint Venture

On February 17, 2015 at 12:29 PM
Expedia Increases Ownership in AirAsia-Expedia Joint Venture

New Delhi, February 17,2015 – Expedia, Inc. (NASDAQ: EXPE) announced today that it has entered into an agreement with AirAsiaBerhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd., the joint venture formed between the two companies in 2011, for cash consideration of $86.3 million. This investment will increase Expedia’s total ownership in the joint venture to 75%. Read more

Expedia launches twitter campaign #VacationOnMyMind to counter Vacation Deprivation & encourage work life balance

On February 06, 2015 at 12:36 PM
Expedia launches twitter campaign #VacationOnMyMind to counter Vacation Deprivation & encourage work life balance

New Delhi, India– February 6, 2015:The annual Vacation Deprivation Survey, which acted as the inspiration for the #VacationOnMyMind Twitter Campaign suggested that workaholic Indians are mostly deprived for holidays, placing India as the fourth most vacation deprived nation globally with 67% of Indians saying they feel very or somewhat vacation deprived. The survey also reveals that 64% of Indians who feel vacation deprived say their vacation deprivation stems from not getting enough vacation days, while 36% say their deprivation stems from not taking all of their vacation days. Indians are increasingly choosing to take multiple short vacations, than a longer one and disconnect with work. Read more

Expedia.com Awarded ‘Best APAC Online Travel Agency Website’

On November 12, 2014 at 12:22 PM
Expedia.com Awarded ‘Best APAC Online Travel Agency Website’

New Delhi, 12 November 2014 –Expedia.com was today voted the best online travel agency website in the Asia Pacific region at the 7th TravelMole APAC Web Awards 2014.

Ms Kathleen Tan, CEO of AirAsiaExpedia Travel, a joint venture between Expedia and AirAsia, received the Best APAC Online Travel Agency website award at the ITB Asia 2014 conference held at the Marina Bay Sands. Read more

Expedia Vacation Deprivation Report 2014: India is the 4th most Vacation Deprived nation globally

On November 07, 2014 at 11:01 AM
Expedia Vacation Deprivation Report 2014: India is the 4th most Vacation Deprived nation globally

Indians most willing globally to make sacrifices for more vacation days (96%)

About the survey:Expedia.com®, the world’s largest online travel agency, today released the results of the 2014 Vacation Deprivation report, an annual analysis of vacation habits across multiple countries and continents. The survey highlights that India is the fourth most vacation deprived nation globally, with 67% of Indians saying they feel very or somewhat vacation deprived. Read more

WIT votes Kathleen Tan one of Top 10 Influencers in Online Travel in APAC

On October 30, 2014 at 10:48 AM
WIT votes Kathleen Tan one of Top 10 Influencers in Online Travel in APAC

Delhi, Oct 30, 2014: AirAsiaExpedia Travel’s Chief Executive Officer, Kathleen Tan was today recognised as one of the Top 10 Influencers in online travel in the Asia Pacific region. The “WIT Warriors: Top Influencer in Online Travel in APAC” Award, recognized for shaping the aviation, travel and hospitality sectors, was presented to Ms Tan at the 10th Web in Travel Conference, held inSingapore.

Ms Tan was conferred the honor at a ceremony witnessed by 500 industry experts and representatives from global organizations. The conference focused on emerging trends, developments and changes taking place in the online travel world. Read more