Already technological partners since 2013, Expedia and Travelocity, subsidiary of the group Sabre, are going a step further with Expedia's takeover of its partner. Expedia should monopolize 60% of online tourist reservations on the American market.
"Travelocity is one of the best known tour brands in North America, offering thousands of destinations to more than 20 million travelers per month," commented Expedia's president and CEO, Dara Khosrowshahi.
Sold by its creator Sabre, Travelocity was the first website to allow travelers to buy their airline tickets without going to a travel agency. Its sale followed that of Lastminute to the Swiss Bravofly Rumbo Group for 93 million euros last month.
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