Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE Expedia, Inc.
BELLEVUE, Wash. and HAMBURG, Germany and PERTUIS, France, July 29, 2014 /PRNewswire/ -- Expedia, Inc. (NASDAQ: EXPE) today announced completion of its acquisition of Auto Escape Group, one of Europe's leading online car rental reservation companies from private equity fund Montefiore Investment and certain members of the Auto Escape Group's management team. Going forward, Auto Escape Group will form a key part of the CarRentals.com brand's global strategy and team.
About Expedia, Inc.
Expedia, Inc. is one of the largest online travel companies in the world, with an extensive brand portfolio that includes some of the world's leading online travel brands, including:
The company delivers consumers value in leisure and business travel, drives incremental demand and direct bookings to travel suppliers, and provides advertisers the opportunity to reach a highly valuable audience of in-market consumers through Expedia Media Solutions. Expedia also powers bookings for some of the world's leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia Affiliate Network. For corporate and industry news and views, visit us at www.expediainc.com or follow us on Twitter @expediainc.
Trademarks and logos are the property of their respective owners. © 2014 Expedia, Inc. All rights reserved. CST: 2029030-50
About the Auto Escape Group
Founded in 1999, the Auto Escape Group offers leisure customers all-inclusive car hire services via its two brands: Auto Escape and Car del Mar. The company enjoys an international reach, ensuring rental car availability with almost 300 suppliers in 125 countries. Through its multi-channel model, Auto Escape Group provides negotiated prices and packages. The two brands operate in 16 source markets. The company employs approximately 115 people in two main offices located in Hamburg, Germany and Pertuis, France.
©2012 PR Newswire. All Rights Reserved.