As reported by Fortune, Expedia is buying Travelocity for $280 million in cash. “The two sites have been working together since 2013, when they signed a marketing agreement allowing Travelocity access to Expedia’s supply and customer service program in exchange for Expedia powering the technology platforms for Travelocity’s websites in the US and Canada.”
Expedia Buying Travelocity For $280M
Bottom Line
Expedia buying Travelocity means that the two companies will be on the same team now. Bringing the 2 giants together working under the same umbrella; is likely a move that will help to compete with Priceline.
About The Weekly Flyer
The Weekly Flyer writes about travel from a business traveler perspective. He travels the world every week accumulating points and miles along the way. Feel free to reach me at theweeklyflyer@gmail.com
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