Tag: Expedia

Vietnam Airlines and Expedia Group sign Memorandum of Understanding

Vietnam’s flag carrier, Vietnam Airlines, and Expedia Group announced a memorandum of understanding (MOU), expanding their existing relationship to a global scale. The agreement will promote and facilitate travel bookings and sales through Expedia Group's global online platform. The two part...

BusinessClass.com announces ban on Russia

BusinessClass.com AS announced today that Russian content and bookings are being blocked on its website. Russia's aggressive move on Ukraine has pushed the premium online travel company to take this action. Cutting off Russia on the website, eliminating Russian destinations from its fli...

Is it time to review the travel sector?

By Sophie Lund-Yates, Equity Analyst, hl.co.uk We take a deep dive into three travel stocks affected by the pandemic and look at what could be next. A few weeks ago we looked at what could be next for the hospitality industry. Like the hospitality industry, travel is another area that’s bee...

Expedia Group Raising New Capital

Expedia Group, Inc. announced today that it is raising approximately $3.2 billion of new capital, consisting of a $1.2 billion private placement of perpetual preferred stock and approximately $2 billion in new debt financing.  These efforts are part of a comprehensive strategy to enhance Expedia G...

Markets react positively to Expedia CEO resignation, but reasons for the move are far from clear

Markets react positively to Expedia CEO resignation, but reasons for the move are far from clear

Following the sudden announcement that Expedia’s CEO and CFO have been ousted; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the development: “There is little clarity over why this happened, but the markets ha...

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