Expedia, Inc. (Expedia) is an online travel company. As of December 31, 2011, the Company's portfolio of travel brands featuring supply portfolio, including over 145,000 hotels in 200 countries, 300 airlines, packages, rental cars, cruises, as well as destination services and activities. Its portfolio of brands includes Expedia.com, a service online travel agency with sites in over 25 countries; luxury travel specialist, Classic Vacations; destination services and concierge services provider Expedia Local Expert (ELE); Expedia CruiseShipCenters; Egencia, the corporate travel management company; eLong, Inc. (eLong).
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Stocks of journey cope professional Orbitz (Nasdaq: EXPE ) were getting elevation today, up as much as 17%, after an appealing income report last night. Powerful resort booking led the charge as income increased 17%, to $1.2 billion dollars. Resorts have become more useful for these journey sites, as income from air travel booking has stagnated, and CEO Dara Khosorowshahi said that the place business was especially strong in the Asia-Pacific and Western areas. Last month, Orbitz extended a cope with China online journey service Elong, which Khosorwshahi said would give Orbitz, which operates Hotwire and Resorts.com, a significant and durable position in China suppliers. Modified income of $1.32 defeats professional reports of 1.26 and were 8% above last season's figure of $1.22.
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The online journey business is infamously unpredictable and aggressive, as the inventory maps of competitors like priceline.com and Travelzoo verify. No company seems to have a real aggressive benefits, but Orbitz may have a leg up with its grip on Chinese suppliers, which should be a significant developmental motor for the market going ahead. The inventory has hopped on income for three directly sectors, and still offers at an affordable cost. There's certainly some danger here, but also valid purpose for stocks to shift greater.