Expedia Buys Travelocity for $280M

Photo Credit:morguefile.com

Photo Credit:morguefile.com

Say goodbye to Travelocity. Expedia has purchased Travelocity from Sabre Corp. for $280 million!

Dara Khosrowshahi, Expedia, Inc. President and CEO released a statement:

“Travelocity is one of the most recognized travel brands in North America, offering thousands of travel destinations to more than 20 million travelers per month. The strategic marketing agreement we’ve had in place has been a marriage of Travelocity’s strong brand with our best-in-class booking platform, supply base, and customer service. Evolving this relationship strengthens the Expedia Inc. family’s ability to continue to innovate and deliver the very best travel experiences to the widest set of travelers, all over the world.”

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