Expedia 2015 Annual Report Download - page 8

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individual travelers arranging a quick weekend getaway, as well as unmanaged business travelers. Travelers can
search for, compare information about (including pricing, availability and verified traveler reviews) and book
travel products and services on Expedia-branded websites and mobile apps, including airline tickets, lodging, car
rentals, cruises, insurance and many local expert services — such as airport transfers, local attractions, activities
and tours — from a large number of suppliers, on both a stand-alone and package basis.
Hotels.com Worldwide. Hotels.com is focused entirely on marketing and distributing lodging
accommodations. Hotels.com, with 89 localized sites worldwide in 39 languages worldwide and market leading
mobile apps on all major platforms, offers travelers a broad selection of lodging options. Because of its single
product offering, Hotels.com is often our first entry point into a region allowing us to evaluate the market
opportunity prior to adding additional brands and product offerings. Hotels.com Rewards®, the loyalty program
established in 2008, offers travelers the ability to earn one free night for every ten nights stayed.
Hotwire. Hotwire offers a travel booking service that matches flexible, value-oriented travelers with
suppliers who have excess seats, rooms and cars they offer at lower rates than retail. Hotwire’s Hot Rate®Hotels,
Hot Rate®Cars and Hot Rate®Flights offer travelers an extra low price but the supplier name is revealed after
the traveler books and pays. With Hotwire’s unique model, suppliers create value from excess availability
without diluting their core, brand-loyal traveler base. Hotwire partners with leading hotel companies worldwide,
brand-name domestic and international airlines, and major car rental companies in the United States.
Orbitz. In September 2015, Expedia acquired Orbitz Worldwide, Inc., including all of its brands and assets.
Orbitz Worldwide is a global travel portfolio including Orbitz, ebookers, CheapTickets, Orbitz Partner Network
and Orbitz for Business.
Travelocity. After entering into an exclusive, long-term strategic marketing agreement with Travelocity
during the third quarter of 2013, under which Brand Expedia powered the technology platform, supply and
customer service for Travelocity’s existing websites in the United States and Canada, Expedia, Inc. announced in
January 2015 that it had acquired the Travelocity brand and associated assets from Sabre Corporation (“Sabre”)
and had terminated the strategic marketing and other related agreements.
HomeAway. In December 2015, Expedia acquired HomeAway, which operates an online marketplace for
the vacation rental industry. The HomeAway portfolio includes the vacation rental websites HomeAway.com,
VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the
United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and
Toprural.es in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au and Stayz.com.au in Australia;
and travelmob.com in Singapore. HomeAway also owns a majority interest in Bookabach.com.nz, a vacation
rental site in New Zealand, and operates BedandBreakfast.com, a comprehensive global site for finding bed-and-
breakfast properties. In addition to its online marketplace, HomeAway also offers software solutions to property
managers through its HomeAway Software for Professionals and Glad to Have You products.
Expedia Affiliate Network. Our private label, business-to-business brand EAN makes hotel bookings
available to travelers through third-party branded websites, call centers and in-person locations. Some of EAN’s
largest partners include airline suppliers, loyalty programs, leading regional online travel companies and major
retailers. EAN offers an Application Programming Interface (“API”) and template solution and generally
compensates partners on a gross profit-share basis.
Egencia. Our full-service travel management company offers travel products and services to businesses and
their corporate travelers. Egencia maintains a global presence in 65 countries across North America, Europe and
Asia Pacific. Egencia provides, among other things, a global technology platform coupled with local telephone
assistance with expert travel consultants, unique supply targeted at business travelers, and consolidated reporting
for its clients. Egencia charges its corporate clients account management fees, as well as transactional fees for
various contacts made as part of the travel process. In addition, Egencia provides on-site agents to some
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