Expedia Lands A Deal With Air France

Expedia (NASDAQ: EXPE), one of the largest online travel companies, has landed a massive deal with Air France, the national carrier of France. Following the agreement, Expedia’s travel affiliate network will provide over 160,000 hotel listings on websites operated by Air France. The listings, which have already gone live on the domestic site of the French airline, will soon be launched across the 60 international websites operated by Air France. The deal from Expedia follows another deal between Expedia and Travelocity announced about two weeks ago. Following the deal with Travelocity, Expedia will manage the Travelocity websites across the United States and Canada. Travelocity in turn will get access to Expedia’s content as well as its customer services. The deal is significant as it means lesser competition for Expedia, which isn’t exactly good news for travellers. The Expedia stock had a noticeable gain of 3.5% in the last trading session to close at $48.91.

To see Expedia’s latest stock price movement, click here (NASDAQ: EXPE)

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Virendra Singh Chauhan Virendra Singh Chauhan   on Amigobulls :

Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice.

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Comments on this article and OWW stock

WW Evans
I wouldn't be too surprised of their recent stock movement. They have been doing very well of late. Let's see what TripAdvisor has in mind in response to its subsidiary's move...
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