Expedia Reveals Its Ownership Stakes in Smaller Travel Sites and Services
Skift Take
Expedia inherited some minority investments in travel startups from HomeAway and Trivago, and made a few of its own in 2015. Look for
Expedia to spread its money around in 2016, making additional minority investments, as well as a big acquisition or two.
Expedia Inc. made a slew of blockbuster acquisitions in 2015, ranging from shelling out $3.6 billion for HomeAway to $280 million for Travelocity, but there hasn't been much visibility into some of its smaller investment activities until now.
In an exhibit that was part of its annual report, filed with the Security and Exchange Commission February 11, Expedia revealed that in 2015 it took a 30.54 percent stake in the hotel management Alice App (officially known as Fivepals), 14.9 percent in the airport ride-sharing app Wingz (Tickengo), and a 16.36
