Expedia, Inc. offers travel planning services in the United States, the United Kingdom, Germany, Canada, France, Italy and the Netherlands. The Company offers airplane, hotel and car reservations, trip cancellation waivers and numerous smaller vacation and business travel services, such as Broadway shows and 24-hour business travel support that make the Company a one-stop travel shop for leisure and business travelers. It offers travel planning tools that enable consumers to compare the travel offerings of multiple suppliers and make an informed decision. In addition, it offers consumers access to a range of published and negotiated rate offerings. It sells travel services of more than 450 airlines and 59,000 lodging properties, all major car rental companies, numerous vacation packages and cruise lines and hundreds of destination-service merchants, such as restaurants, attractions and local transportation and tour providers. In August 2003, the Company was acquired by InterActiveCorp.
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