Transforming the Way People Travel
Interesting Facts* Acquired by Expedia in Sep. 2015 for $1.3 billion in CASH
History - Rapid growing online travel industry1999: A group of leading U.S. airlines.
2001: Official Launch
2004: Acquisition
2005 - 2007: MORE Acquisitions
2015: EVEN MORE Acquisitions
IPO, Sales2003 Aug.: Filed an IPO. lost $5.3 million in first half of 2003
2003 Nov.: $22 and $24 per share
2003 Dec.: $26/share. The airlines held 70% stock and over 90% voting power
2004 Sep.: Acquired by Cendant for $27.5 per share
2005 - 2006: Acquired Travelport (in debt), travel distribution service business for ~$4.3B in CASH $$$$$$$
2007: Available for trading
TechnologiesFastEasyVisualEfficientCHEAP
ProductsVacation Packages
● Flight● Hotel● Car● Activities● Cruises
“ A web site used to research, plan and book travel. ” - Wikipedia
Revenue
Competitors +
Competitors
FUTUREMORE acquisitions?
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Data Mining/ Machine Learning
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