August 26, 2016
Expedia launches guides for travelers seeking city history
Expedia.co.uk today announces the imminent release of City History, an interactive guide that details historical facts about major holiday destinations.Read more
Amadeus for the first quarter reported higher revenue, earnings and distribution market share, thanks partly to a 2.9% year-over-year increase in agency air bookings to 119 million. Growth came from emerging markets as well as North America, where Amadeus recently implemented a major deal with Expedia.
Amadeus claimed a gain in its global share of agency air bookings of 1.6 percentage points to 39.8%, and said overall GDS industry growth was sluggish.
Profit in the quarter was 7.5% higher at 153 million euros (about $211 million), while operating income was up 5.1%.
Amadeus' distribution revenue increased 2.4% to 612 million euros (about $784 million), while its airline IT business grew revenue by 9.8% to 183 million euros (about $234 million).
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