• Expedia buys Travelocity

Expedia has agreed to buy Travelocity, paying seller Sabre Corporation USD280m. The two have had a strategic marketing agreement since 2013, with Expedia powering Travelocity’s technology platforms for US and Canadian websites.

Travelocity will now add to a brand portfolio that includes Hotels.com, Hotwire, Trivago and wotif.com. Travelocity has a strong presence in the US, where it is used by more than 30 million travellers a month.

Read the full story here:

http://www.expediainc.com/news-release/?aid=123194&fid=99&yy=2015

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