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Expedia Has Strong Q4 Thanks to its New Metasearch Business and Increased Bookings

Skift Take

Expedia’s hotel business has momentum, and the acquisition of Trivago and its strategic marketing agreement with Travelocity are fueling the trend.

— Dennis Schaal

Expedia Inc. grew its room nights 25% in the fourth quarter, and saw its Trivago acquisition paying off as the Germany-based hotel metasearch site grew its revenue more than 85% in 2013.

Expedia also implemented its strategic marketing agreement with Travelocity, selling its hotels from its North America websites during the fourth quarter, although it was too soon to have a material impact on results.

Overall for the fourth quarter, Expedia’s net income increased 41% to $125.1 million on revenue of $1.15 billion, an 18% year-over-year jump.

The revenue increase was fueled by the growth in hotel room nights, and a bump in advertising and media revenue. For the full year, Trivago contributed 4 percentage points to Expedia’s overall revenue growth of 18%.

EXPE Chart

EXPE data by YCharts

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