Dara Khosrowshahi
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Egencia's third-quarter revenue jumped 28 percent year over year to $35 million
, according to parent Expedia. The corporate travel service provider's operating income before amortization was $3 million. Egencia also posted "solid gross bookings growth," said Expedia CEO Dara Khosrowshahi . "We are seeing corporate travel come back pretty nicely."
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Egencia for the December quarter reported a 24 percent year-over-year jump in gross bookings to $389 million
… meaningfully outpaced competitor growth in Q4 while adding nine additional countries through localized partnerships ," said Dara Khosrowshahi , president and CEO of Egencia parent Expedia Inc. "The fundamentals are getting a bit better, especially on the …
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Expedia Expects Egencia To Be Profitable Next Year
… s corporate travel management arm is expected to reach profitability in the next year, Expedia CEO and president Dara Khosrowshahi said in today's quarterly earnings call. "It's essentially been break-even for the last couple of years …
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Expedia's Earnings Show Erosion Of Demand
… with more than 20 percent revenue growth, according to the company's quarterly report. Expedia president and CEO Dara Khosrowshahi said business travel demand has gotten "significantly worse" on a same-account basis in 2009. "Egencia performed …
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Expedia has seen no signs of broad-based softness from corporate travelers(2)
," CEO and president Dara Khosrowshahi said.
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Expedia Claims ECT Surpasses Company Growth Rate
… particularly in the U.S., but as yet we've seen no signs of broad-based softness from corporate travelers," said Dara Khosrowshahi , president and CEO of Expedia. During the quarter, which ended March 31, Expedia saw its strongest growth outside …
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Airfare Hikes Could Trigger 2009 Travel Cutbacks, Expedia Warns
… economic concerns, but rising airfares spurred by capacity cuts and consolidation could trigger such cutbacks, said Dara Khosrowshahi , president and CEO of ECT parent Expedia Inc. in today's fourth-quarter investor call. During the quarter …
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Expedia Corporate Travel acquired MTM Reisen
, "a profitable Munich-based corporate provider with over € 11 million in annual gross bookings," said Expedia president and CEO Dara Khosrowshahi . Expedia said ECT's worldwide gross bookings year-to-date have exceeded $800 million.
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New Expedia Chief Eyes Global Biz Growth
Former InterActiveCorp CFO Dara Khosrowshahi , who last month took the reins as IAC Travel president and CEO, succeeding Erik Blachford, said the company is committed to …
