Expedia Group
Expedia Group is a leading online travel agency that offers a comprehensive range of travel booking services, including airline tickets, hotel reservations, car rentals, cruises, vacation packages, and various attractions. The company operates several well-known brands, notably Expedia, Hotels.com, and Vrbo, along with the metasearch site Trivago. As one of the largest online travel agencies globally, Expedia generates a substantial portion of its revenue from transaction fees on bookings, with lodging representing the majority of sales. Additionally, Expedia is committed to enhancing the travel experience and fostering connections through its platform, emphasizing the importance of travel as a positive force. The company also supports initiatives that benefit underserved communities through targeted funding programs.
Past deals in Car Rental
Despegar
Funding Round in 2015
Despegar is an online travel agency that specializes in the Portuguese and Spanish-speaking markets, providing services for both leisure and corporate travelers. Founded in 1999 and headquartered in Miami, Florida, the company enables users to research travel options, check flight availability, and make reservations for flights, hotels, and car rentals through its platform. Despegar also offers various travel-related services, including vacation packages and access to airlines and accommodation options. The company operates in several countries, including Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States, aiming to facilitate unique travel experiences for its customers.
Orbitz Worldwide
Acquisition in 2015
Orbitz Worldwide, Inc. is a global online travel company headquartered in Chicago, Illinois. Founded in 2001 by a consortium of U.S. airlines, Orbitz Worldwide utilizes advanced technology to facilitate the planning and booking of travel products and services for leisure and business travelers. The company's offerings include airline tickets, hotel reservations, vacation packages, car rentals, cruises, travel insurance, and event tickets. Orbitz Worldwide also provides travel management services and private label solutions to various partners. Its brand portfolio features well-known names such as Orbitz, CheapTickets, ebookers in Europe, and HotelClub in the Asia Pacific region. As of 2015, Orbitz Worldwide operates as a subsidiary of Expedia Inc.
Travelocity
Acquisition in 2015
Travelocity, Inc. is an online travel agency that offers a range of travel services for leisure and business travelers in the United States and Canada. Founded in 1996 and based in Southlake, Texas, the company provides customers with the ability to find and book various travel deals, including vacation packages, flights, hotels, car rentals, cruises, and tours to destinations across the globe. Travelocity is known for its competitive pricing and customer service, available 24 hours a day. It operates as a subsidiary of Expedia, integrating its services within a broader portfolio of travel brands.
Auto Escape
Acquisition in 2014
Autoescape is a car rental service provider based in Pertuis, France, established in 1999. The company specializes in offering all-inclusive, low-cost car hire options to customers worldwide. By negotiating competitive rates with leading car hire operators, Autoescape ensures comprehensive services that typically include unlimited or limited mileage, insurance, and VAT. In addition to car rental, Autoescape also provides autotour guide, fuel observatory, and travel advisory services to enhance the travel experience for its customers. With a commitment to customer satisfaction, Autoescape has served thousands of clients globally.
OneTime
Acquisition in 2008
OneTime is an online travel portal. It provides online travel shopping comparison tools. The company enables its users compare and book offers from travel deal providers, including travel web sites, hotel chains, and airlines. It allows users to book hotels, flights, car rentals, and cruises in the United States, Canada, Asia, Australia, Europe, the Middle East, and South America. The company was founded by J.R. Johnson in 2008 and is headquartered in the United States.
CarRentals.com
Acquisition in 2008
CarRentals.com is an online car rental search engine that connects users with various car rental vendors to offer competitive rates and reliable bookings. The platform generates a list of rental options based on the user's location and preferred pick-up and drop-off dates. Reservations can be placed and confirmed on a single page, requiring only an email address, first and last name, and an address, with no credit card necessary for the initial booking. After completing a reservation, users receive an order confirmation number via email and can access 24-hour toll-free support. The site is optimized for mobile devices, ensuring a user-friendly experience across different platforms. CarRentals.com was acquired by Expedia in 2008.
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