Press Releases and Coverage

PRESS COVERAGE
April 9, 2008

Corporate travel a growth industry

Lu Feiran and Winny Wang, ShanghaiDaily.com

SHANGHAI, China – April 9, 2008 – The latest statistics from the China National Tourism Administration showed that up to last year, the country's business-travel consumption had surpassed US$2.4 billion and it is increasing at a rate of 20 percent yearly.

Multinational companies see big potential in the Chinese market, including Expedia.

"Now only 20 percent of companies use business-travel management services in China, so big potential exists," said Jean-Pierre Remy, president of Expedia Corporate Travel, which launched its Chinese service in November.

"Many of our international clients asked us to tap into the Chinese market with the expansion of their businesses."

Continue reading.

PRESS RELEASE
November 15, 2007

Expedia and IHG Sign New Long-Term Agreement

New Long-Term Relationship Pairs Two High Growth, Global Travel Leaders

WORLD TRAVEL MARKET, LONDON – November 15, 2007 – IHG (InterContinental Hotels Group – LON: IHG, NYSE: IHG) and Expedia, Inc. (NASDAQ: EXPE) today announced they have entered into a multi-year agreement under which consumers can now book IHG hotels on Expedia sites globally. The agreement will result in the addition of more than 3,700 hotels across all IHG brands, including InterContinental Hotels & Resorts, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites and Candlewood Suites, to the hotel selection on Expedia.com, hotels.com, Hotwire and Expedia Corporate Travel points of sale globally. Continue reading.

PRESS RELEASE
July 23, 2007

Expedia Corporate Travel Announces The 75 by 75 Guarantee

Program guarantees new customers will achieve 75 percent online adoption within the first 75 days of implementation or all booking fees will be waived

BELLEVUE, Wash. and BOSTON, Mass. – July 23, 2007 – Today at the National Business Travel Association's (NBTA) 39th Annual Convention and Trade Show in Boston Expedia Corporate Travel, the fifth largest full-service travel management company, announced The 75 by 75 Guarantee, reinforcing its position as an industry leader in driving online adoption and ultimately savings for clients. This unique program guarantees that new customers will achieve 75 percent online adoption within 75 days of implementing the online booking tool or Expedia Corporate Travel will provide a full refund on all online and agent-assisted transaction fees. Continue reading.

PRESS RELEASE
July 23, 2007

Expedia Corporate Travel Launches Industry's First Fully Integrated Global Consolidated Reporting

Enhanced reporting enables travel managers to consolidate data into customizable reports across countries, currencies and languages

BELLEVUE, Wash. and BOSTON, Mass. – July 23, 2007 – Today at the National Business Travel Association's (NBTA) 39th Annual Convention and Trade Show in Boston, Expedia Corporate Travel introduced its integrated global consolidated reporting capability. Expedia Corporate Travel's global consolidated reporting allows travel managers to create and run customized travel reports that aggregate travel data across countries and subsidiaries. Reports can be produced in the languages and currency of choice. These in-depth, real-time reports offer companies insight into both the financial performance and travel activity within their global travel program. Continue reading.

PRESS RELEASE
June 21, 2007

Expedia Corporate Travel to Launch Full-Service Travel Offering in Italy

Fully-localized service and Web site strengthen world-class corporate travel offering

LONDON, PARIS, MUNICH, and BELLEVUE, WA, – March 7, 2007 – Expedia Corporate Travel, a full-service travel management company, today announced plans to launch service in Italy. Companies doing business in Italy will have access to fully localized service, content, language support and a Web site providing a suite of online booking and travel management tools in Italian. Continue reading.

PRESS RELEASE
March 7, 2007

Expedia Corporate Travel Goes Carbon Neutral

Expedia Corporate Travel Partners with TerraPass to Launch the First Global Carbon Offset Program for Corporate Travel

LONDON, PARIS, MUNICH, and BELLEVUE, WA, – March 7, 2007 – Expedia Corporate Travel will be the first global corporate travel agency to roll out a carbon offset program to its corporate travel customers. Expedia Corporate Travel has partnered with TerraPass, the leading retailer of green house gas reduction projects, to offer environmentally-conscious businesses the ability to both calculate the amount of carbon dioxide their employees' business travel creates and buy the corresponding amount of carbon offsets to balance it. The new program is available to Expedia Corporate Travel customers globally. Expedia Corporate Travel will also make its own travel program carbon neutral by the end of the year through the purchase of TerraPass carbon offsets. Continue reading.

PRESS RELEASE
December 13, 2006

Expedia Corporate Travel Announces New Global Flight Search Platform for the European Market

Corporate travel managers and business travelers to benefit from enhanced air and rail booking capabilities combined with smart global reporting and travel management tools

PARIS, France and BELLEVUE, Wash., – December 13, 2006 – Expedia® Corporate Travel today announced the launch of its new Global Flight Search platform for the European market. This new technology offers European-based customers enhanced flight search and booking capabilities as well as a globally consistent user experience. Additionally, Expedia Corporate Travel is launching a new global reporting suite that will help corporate travel managers oversee travel programs across multiple regions, giving them greater access to information and the ability to better evaluate and optimize their travel decisions. Continue reading.

PRESS RELEASE
November 15, 2006

Expedia Corporate Travel to Acquire MTM Reisen

Expedia Corporate Travel Extends Full Service Travel Offering to German Market

PARIS, MUNICH, and BELLEVUE, Wash. - November 15, 2006 - Expedia Corporate Travel today announced that it has entered into an agreement to acquire MTM Reisen, a full-service corporate travel provider that serves the German travel market. Upon completion, this acquisition will extend Expedia Corporate Travel's presence in Germany, underlining its commitment to the European market, and allowing it to provide even better service to German business travelers and companies who do business in Germany. Continue reading.

PRESS RELEASE
July 17, 2006

Expedia Corporate Travel Strengthens its European Presence with Plans to Open German Agency

BELLEVUE, Wash., CHICAGO, Il. – July 17, 2006 – Today at the National Business Travel Association’s (NBTA) 38th Annual Convention and Trade Show in Chicago, Il, Expedia® Corporate Travel, the No. 1 on-demand, full-service travel agency, announced plans to launch Expedia Corporate Travel Germany this fall. The fully-integrated off- and online business travel service will offer German companies a single solution to meet both travel and financial needs, and will deepen Expedia® Corporate Travel’s current global footprint across Europe and North America.  Continue reading.

PRESS RELEASE
May 8, 2006

Expedia Corporate Travel Corporate Travel Launches its Own Reporting Platform for Integrated Business Intelligence Solutions

Proprietary Business Intelligence Platform Offers Customers Additional On-Demand Reporting and Analytical Tools to Help Managers Make Faster,
More Strategic Decisions

BELLEVUE, Wash. and ATLANTA, Ga. – May 8, 2006 – In a keynote speech at today’s Association of Corporate Travel Executives 2006 Global Conference, Expedia Corporate Travel president Cheryl Rosner addressed the need for a comprehensive business intelligence initiative in the travel management industry. To help meet this need, Expedia Corporate Travel is launching a new business intelligence initiative, built in-house, to offer customers a truly integrated reporting and analysis solution. The platform synchronizes the agency’s reporting and booking functions for customers, and creates a foundation for future business intelligence innovations. Continue reading.

PRESS RELEASE
May 8, 2006

Expedia Corporate Travel Delivers the Next Generation of Online Flight Search for Business Travelers

Finely Tuned Features Enable Precision Targeting and Faster Searches, Returning a More Comprehensive View of Relevant Flights

BELLEVUE, Wash. and ATLANTA – May 8, 2006 – Expedia® Corporate Travel today announced its enhanced flight search platform enabling business travelers to search for flights with more targeted and detailed search criteria.  Built on Expedia’s award-winning proprietary flight search technology, this new platform offers additional search feature tools to help business travelers find the precise combination of time, price and airline preference to fit within their specific parameters and company policy.
Continue reading.

PRESS RELEASE
January 31, 2006

Expedia Corporate Travel Takes Flight in Canada

New Corporate Travel Agency Combines Powerful Technology and Full Array of Travel Management Services for Canadian Businesses

Toronto, ON. – January 31, 2006 – Expedia, Inc. (NASDAQ: EXPE) announced today the availability and launch of Expedia® Corporate Travel in Canada, a fully-integrated off- and online business travel management company.  Based on the same easy-to-use and award-winning interface as Expedia.ca, businesses and business travellers using Expedia Corporate Travel can achieve greater savings and the ability to ensure compliance with company travel polices.  This highly configurable solution automates approval processes, provides exceptional visibility into travel options and offers a travel solution business travellers already know and trust.  Continue reading.

PRESS RELEASE
January 24, 2006

Expedia Corporate Travel Champions Today’s Business Travelers with a Fully Redesigned Website and New, On-Demand Tools

BELLEVUE, Wash. – January 24, 2006 – Expedia Corporate Travel today launched a new era in online corporate travel management with a redesigned website and a market-leading set of new, on-demand searching and booking tools. These features bring business travelers additional speed when planning and comfort when taking business trips, allowing travel managers and companies the opportunity to achieve more rigorous travel management and cost-savings through higher policy compliance. Continue reading.