Expedia

Expedia

Travel booking platform for flights, hotels, rentals

About Expedia

Simplify's Rating
Why Expedia is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Goods

Entertainment

Company Size

10,001+

Company Stage

IPO

Total Funding

$3.3B

Headquarters

Bellevue, Washington

Founded

1996

Overview

Company Historically Provides H1B Sponsorship

Expedia Group operates in the travel industry, offering a wide range of services for travelers and travel-related businesses. It connects users with options for flights, hotels, car rentals, vacation packages, and activities through its various brands, including Expedia, Hotels.com, and Vrbo. Travelers can easily find and book trips that match their preferences and budgets. The company earns revenue primarily through commissions on bookings and advertising from travel service providers looking to promote their offerings. Additionally, Expedia Group supports its partners by providing access to valuable data and technology, helping them improve their operations and grow their businesses. The goal of Expedia Group is to create a seamless travel experience for users while maximizing the potential of its partners.

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Funded Recently
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Simplify's Take

What believers are saying

  • Expedia benefits from the rise of 'bleisure' travel, offering combined packages.
  • The partnership with Quill provides unique travel benefits through Quill Rewards points.
  • Expedia's focus on sustainability aligns with growing consumer demand for eco-friendly travel.

What critics are saying

  • Layoffs in product and technology may hinder Expedia's innovation capabilities.
  • Increased competition from AI-driven platforms like Kayak could challenge Expedia's market share.
  • Departure of key executives to competitors may weaken strategic leadership.

What makes Expedia unique

  • Expedia offers a comprehensive suite of travel services under multiple brands.
  • The company leverages partnerships to provide exclusive travel benefits and options.
  • Expedia integrates technology to enhance travel planning and booking experiences.

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Funding

Total Funding

$3277.3M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Competitive Paid Time Off

Travel Discounts

Healthcare Flexible Spending Accounts

Employee Assistance Program

Wellness & Travel Reimbursement

Workplace Accomodations

Medical, Dental, & Vision Insurance

Matching Gifts

New Parental Benefits

Company News

PhocusWire
Feb 28th, 2025
Phocuswire'S Weekly Travel Tech News Briefs: Travelperk, Airbnb, Expedia Group, Swa, Hostaway And More...

Here's our roundup of the people, product and partner news from the global travel industry this week.Editor's note: This roundup was created with the help of ChatGPT.Amex GBT names new senior leadership. American Express Global Business Travel (Amex GBT) has announced new senior leadership appointments in marketing and technology. Evan Konwiser is appointed chief product and strategy officer, overseeing product development, corporate strategy, communications and sustainability. Konwiser, who joined Amex GBT in 2020, has held several leadership roles. Alisa Copeman is named chief marketing officer, responsible for brand and marketing strategies. Copeman previously served as senior vice president of global marketing at Amex GBT and CMO at Barclays UK

PYMNTS
Feb 27th, 2025
Seamless Journeys: Ai’S Rising Role In Coordinating Consumer Travel

Artificial intelligence (AI) is making inroads into the travel industry as most consumers now expect seamless travel experiences, and the industry is taking notice. Kayak CEO Steve Hafner told PYMNTS that the company plans to launch AI agents this year to help travelers with everything from trip searching to checkout. “One thing Kayak hasn’t done as well as search is booking,” Hafner said. “We’ve had to hand people off to airline or hotel websites or online travel agencies to complete the booking

10MinHotel
Feb 26th, 2025
Expedia announces layoffs amid cost-cutting measures

Previous layoffs: In 2023, Expedia cut approximately 1,500 jobs, primarily in product and technology;

Simple Flying
Feb 26th, 2025
Southwest Airlines Agrees To List Flights On Expedia

Southwest Airlines has added yet another ticket distribution channel, with the airline striking an agreement with Expedia.

GeekWire
Feb 25th, 2025
Expedia Confirms Layoffs At Seattle Travel Giant

(GeekWire File Photo)Expedia Group confirmed that it laid off more workers as the Seattle-based travel giant looks to cut costs. “To ensure the best traveler experience, we must continually adapt to the evolving needs of our industry and travelers,” a company spokesperson said in a statement to GeekWire. “This requires difficult but necessary decisions such as refining our marketing strategies, improving efficiencies, and reallocating resources to areas with the greatest business impact to drive customer engagement.”The company declined to provide details on number of employees affected, or types of roles impacted.Expedia had 16,500 employees across nearly 50 countries, as of Dec. 31, according to Expedia’s annual 10-K filing. That’s slightly down from its total employment of 17,100 at the end of 2023. About half of its workforce are in tech-related roles.Last year Expedia cut about 1,500 roles, primarily in its Product Technology division, as part of an operational review.Expedia reported revenue growth of 10% to $3.1 billion in the fourth quarter, while adjusted net income grew 30% year-over-year

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