Expedia

Expedia, Inc. (NASDAQ: EXPE) is a internet-based travel agency headquartered in Bellevue, Washington, USA. It books airline tickets, hotel reservations, car rentals, cruises, vacation packages, and various attractions and services via the World Wide Web and telephone travel agents. The company serves customers in the United States, Canada, the United Kingdom, France, Germany, Austria, Italy, the Netherlands, Norway, and Australia. Founded as a division of Microsoft in October 1996, Expedia was spun off in 1999, and was purchased by USA Networks in 2001. USA Networks changed its name to InterActiveCorp in 2003. InterActiveCorp spun off its travel group of businesses under the Expedia name in August 2005, including Expedia, TripAdvisor, eLong, Hotels.com, and Hotwire.com. Expedia uses the Sabre (It used to work on Worldspan) reservation system as their main Global reservations system, with the adjuncts of Pegasus, hotels.com and their own Canadian connectivity company for hotels that are not listed in Worldspan.