Expedia - Company Profile
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Financial Analysis and Report
Expedia is a premier travel booking platform, transforming the way travelers plan and book their trips around the world. Founded in 1996, Expedia allows users to search for, compare, and book hotels, flights, car rentals, and vacation packages with ease. With a strong global presence, Expedia is committed to providing travelers with the best deals and most comprehensive travel services available.
Visual Insights
Expedia Revenue Growth
Expedia Market Distribution
About Expedia
Expedia has established itself as a leader in the online travel industry through innovation, strategic acquisitions, and a user-friendly platform.
| Aspect | Details |
|---|---|
| Founded | 1996 |
| Headquarters | Seattle, Washington, USA |
| Global Reach | Available in over 70 countries |
| Acquisitions | Hotels.com, Orbitz, Trivago |
Executives
Expedia's leadership team brings a wealth of experience from various sectors, guiding the company through its ongoing transformation and growth.
| Name | Position |
|---|---|
| Peter Kern | Chairman and CEO |
| Eric Hart | CFO |
| Dara Khosrowshahi | Former CEO, current Uber CEO |
Locations
Expedia operates from its headquarters in Seattle, and maintains offices across the globe to better serve its diverse customer base.
| Type | Location |
|---|---|
| Headquarters | Seattle, Washington, USA |
| International Offices | London, Sydney, Tokyo |
Business Segments
Expedia's business segments encompass a wide range of travel services tailored to meet the needs of both leisure and business travelers.
| Segment | Description |
|---|---|
| Travel Bookings | Online hotel, flight, and car rental bookings. |
| Vacation Packages | Bundled offerings combining flights and accommodations. |
| Corporate Travel | Travel management solutions for businesses. |
Financial Overview
Expedia's financial performance reflects its position as a profitable leader in the online travel sector, despite the challenges of a post-pandemic recovery.
| Metric | Value |
|---|---|
| Annual Revenue | $11 billion (2022) |
| Net Income | $1.3 billion (2022) |
Competitive Landscape
Expedia faces competition from several other online travel agencies, each with unique offerings and target markets.
| Competitor | Focus |
|---|---|
| Booking.com | Hotels and alternative accommodations |
| Airbnb | Short-term lodging rentals |
| Priceline | Travel deals across multiple categories |