Tuesday, March 10, 2015

Expedia Invests $270M In Decolar.com

Bellevue-based Expedia and Latin American travel booking site Decolar.com said this morning that Expedia will invest $270M in a minority equity in investment in Decolar, and expand their partnership. According to the two, Expedia will broaden how it powers Decolar's hotel supply, and also help Expedia bolster its hotel supply in Latin America. A quick glance at Decolar's website shows the company offers up an almost exact replica of Expedia, but geared towards the Latin American market, with searches for hotels, air tickets, cars, flights, cruises, and more.