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Expedia, Inc. announced financial results for its second quarter ended June 30, 2009. “Expedia is consistently executing across all of its business lines,” said Barry Diller, Expedia Inc.’s Chairman and Senior Executive. “Notwithstanding the broader issues of the world economy, Expedia is proving it can manage in any environment – a testament to its business model and superior management.”
“To deliver 26% worldwide room night and continued OIBA growth in this environment speaks volumes about the abilities and execution of the global Expedia team,” said Dara Khosrowshahi, Expedia Inc.’s CEO and President. “Significant improvements in our customer value proposition, marketing efficiencies and improved cost control are just a few of the many accomplishments driving our businesses forward. There is much environmental uncertainty and a lot of hard work left to do, but we are well on our way.”
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.