Friday, November 14, 2014

Expedia Buys Wotif.com For $612M

Bellevue-based online travel booking site Expedia said this morning that it has completed its acquisition of Wotif.com, a provider of online travel services to the Asia Pacific market. The deal was worth approximately $612M. Wotif Group operates a family of travel related websites, including Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au and Arnold Travel Technology.