Expedia and Decolar.com Strengthen Partnership

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Expedia (EXPE) Will Make $270M Investment in Decolar.com

March 10, 2015 9:05 AM UTC

Expedia (NASDAQ: EXPE) and Decolar.com, Inc., the Latin American online travel company that operates the Decolar.com and Despegar.com branded websites, announced today that the two companies have expanded their partnership to include deeper cooperation on hotel supply and a $270 million minority equity investment by Expedia.

Building on the commercial relationship the two companies have had since 2002, the expanded agreement broadens Expedia's powering of... More