Expedia was established on October 22, 1996 as an online travel company.
Image: company website
It was the property of Microsoft and in 2001 the property was spun off to become a public property, and Rich Barton then became the CEO and Lloyd Frink joined the new independent company. Expedia is headquartered at Bellevue in Washington, and it has a strong global appeal and excellent marketing and brand visibility.
It also has localised sites for many countries including Canada, China, Australia, Malaysia and others. It is a very effective website that offers extensive options of hotels to choose from, books online travel tickets, cruises as well as vacation packages at competitive rates for everyone. The site uses Amadeus or the Sabre’s reservation systems for booking flights and uses Pegasus and Worldspan along with its own reservation systems for booking hotels.
It is one of the fastest growing travel portals in Asia and is maintained by AAE Travel Pte Limited which is a Singapore entity. AAE Travel is a joint venture between Expedia Inc. which is the leading internet booking engine and Air Asia which is the best low cost airline in the world.
AAE is headquartered in Singapore and it operates business of Expedia across Asia including china. Expedia also started accepting bitcoins in 2014 and also partnered with Citigroup to create Expedia+ card where bonus points are earned by members and helps members in priority service.