Tag Archives: expe

Expedia’s Hotels.com Passes 25 Million App Downloads

Expedia’s (EXPE) unit Hotels.com said Tuesday that its mobile travel apps have been downloaded over 25 million times globally, setting a milestone for the hotel booking unit. Hotels.com also says it’s launched a new app specifically for Amazon.com (AMZN) Kindle Fire users. Expedia is continuing to make mobile app availability development a priority as rivals such as Priceline (PCLN) and China’s Ctrip.com International (CTRP) and metasearch travel

Expedia Gets Leg Up From Trivago; FBR Raises Target

Web travel firm Expedia’s (EXPE) expanding opportunities in the metasearch market prompted FBR Capital Markets on Wednesday to raise its price target to 70 from 65, while keeping an outperform rating on Expedia stock. FBR analyst Jake Fuller said in a research note that he sees “an increase in the assumed value” of Expedia’s Dusseldorf, Germany-based metasearch hotel website Trivago “given the rising value of metasearch.” Metasearch websites

TripAdvisor Price Target Hiked, Analyst Likes Outlook

Expedia (EXPE) is ramping up its Q4 ad spending, and that’s good news for one of its main outlets for ads, travel metasearch site TripAdvisor (TRIP) . So says Jake Fuller, an analyst with FBR Capital Markets, in a research report Thursday in which he upped his price target on TripAdvisor by not a little, but a lot — to 85 from 70. The stock, though, has already gone past that mark. TripAdvisor stock was up more than 1% in afternoon trading in the