The American Expedia is expanding its transportation offer with the acquisition of a majority share in the railroad distribution platform SilverRail.
"Rail is ready for an online revolution, and we're ready to be a part of it. Rail's shift online is one of the fastest growing areas of innovation in the $1.3 trillion travel market, and SilverRail is powering that innovation," said Dara Khosrowshahi, Expedia Inc. CEO. "We are tremendously excited to welcome the incredibly talented SilverRail team into the Expedia family."
Created by Aaron Gowell and Will Phillipson in 2009, SilverRail distributes tickets on the behalf of 35 suppliers and operators and has more than 1,500 corporate clients.
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