Expedia Group

Expedia.com was launched on October 22, 1996 by Microsoft as an online travel agency allowing users to book airline tickets, hotel reservations, car rentals, cruise ships, and vacation packages.

In January 2000, Expedia made its first acquisitions by purchasing hotel consolidator Travelscape.com and alternative lodging specialist VacationSpot.com for roughly $153 million in stock and warrants.

IAC, then known as USA Networks Inc, gained a controlling stake in Expedia in 2001.

In 2002, Expedia, Inc. expanded its brand portfolio through the acquisition of CruiseShip Centers, CarRentals.com, and Venere.com, further solidifying its presence in the travel industry.

During the financial crisis of the late 2000s, Expedia's stock plummeted to a record low in early 2009.

In March 2011, Expedia Inc. introduced its inaugural mobile application, named TripAssist. This marked a significant milestone in Expedia's technological advancement and customer service offerings.

In December 2011, Expedia, Inc. spun out TripAdvisor Media Group, while keeping its travel transaction brands.

In March 2012, Expedia's Egencia acquired Via Travel, which was the largest travel company in Norway.

In December 2012, Expedia purchased a majority stake in the travel search engine Trivago for €477 million.

Expedia Group made an investment in trivago in 2013, which later led to a public offering in 2016.

In January 2015, Expedia purchased online travel agency Travelocity from Sabre Corporation for $280 million.

In February 2015, Expedia acquired travel fare aggregator Orbitz for $1.2 billion.

In November 2015, Expedia acquired vacation rental company HomeAway, which included all of HomeAway’s global brands: VRBO, HomeAway.com, and VacationRentals.com.

In August 2016, Expedia Group faced a class-action lawsuit for violating trademark rights of independent hotels by falsely advertising reservations on their platform. The lawsuit accused the company of misleading consumers and falsely claiming hotels were 'sold out'. The case was settled in April 2021.

Expedia has been profitable and continues to expand its portfolio, with plans to acquire more assets in the online travel market. It is expected to remain a top player in the industry in the foreseeable future.

Expedia, a prominent online travel giant, has a relatively short origin story but has grown significantly over the years. This article provides a brief overview of Expedia's journey from its humble beginnings to its current status as a leading player in the online travel industry.

In March 2018, Expedia, Inc. announced a name change to Expedia Group, Inc. This rebranding marked a significant shift in the company's identity.

In October 2018, Expedia made a strategic move by acquiring Pillow and ApartmentJet, two startups specializing in helping landlords transform apartments into short-term rentals.

Expedia Group provided a quarterly dividend of 0.34 USD on this date.

A quarterly dividend of 0.34 USD was distributed by Expedia Group on this date.

Expedia, an online travel agency, has experienced significant growth since its establishment almost 25 years ago.

On February 12, 2020, Expedia Group was listed by the United Nations Human Rights Council for operating in West Bank settlements, raising human rights concerns. The company was identified for providing services supporting the existence of settlements.

Expedia Group issued a quarterly dividend of 0.34 USD on this date.

Former CEO Mark Okerstrom and former Chief Financial Officer Alan Pickerill announced their resignations from Expedia, signaling a significant change in leadership.

In July 2021, Expedia became Wrexham A.F.C.'s shirt back sponsor, expanding its sports sponsorship portfolio.

The annual general meeting took place on this date.

The interim financial results for the year 2022 were released on this date.

An interim earnings call for the year 2022 was held at this time.

The financial results for the third quarter of 2022 were released on this date.

The financial results for the fiscal year 2022 were made public on this date.

The official announcement of Expedia Group, Inc.'s financial outcomes for the first quarter of 2023.

A call held by Expedia Group, Inc. to present the financial results for the first quarter of 2023.

The official release of Expedia Group, Inc.'s financial performance for the second quarter of 2023.

The official publication of Expedia Group, Inc.'s financial outcomes for the third quarter of 2023.

The official announcement of Expedia Group, Inc.'s financial performance for the fourth quarter of 2023.

On March 3, 2024, TRAINLINE PLC provided a trading update along with the sales and revenue release for the fourth quarter of 2024.

H.I.S. CO., LTD. disclosed their earnings report for the first quarter of 2024 on March 14, 2024.

On April 1, 2024, LOTTE TOUR DEVELOPMENT CO., LTD. released their earnings report for the first quarter of 2024.

Expedia's journey from being a Microsoft subsidiary to becoming a successful standalone company.

Expedia Group is expected to release its second quarter earnings report for 2024 on July 31, 2024.

Expedia Group is projected to announce its third quarter earnings for 2024 on October 30, 2024.