May 9, 2004 |
Web shoppers soon may no longer see Holiday Inns or Crowne Plaza Hotels on such sites as Expedia, Orbitz, Travelocity and Hotels.com. InterContinental Hotels Group, or IHG, the nation's third-largest public hotel company, has said it will remove its properties from the sites unless those sites meet new standards, including clearly labeling fees and taxes. It's widely known that many third-party travel sites collect fees on hotel bookings.
December 22, 2004 |
Barry Diller, who created an Internet conglomerate by melding online ventures in businesses as diverse as travel, dating and party planning, has decided there's value in specialization after all. Diller said Tuesday that he planned to divide his IAC/InterActiveCorp into two companies: one that would combine travel firms, including Expedia and Hotels.com, and one for everything else.
September 26, 2004 |
Travel news -- industry disputes, general trends, new companies and travel services -- sometimes has as much bearing on your next vacation as a special airfare or hotel bargain. Here are some recent travel stories that may affect your plans: * The only cruise ship allowed to visit Hawaii's major islands without stopping at Fanning Island, hundreds of miles away, or without originating from a Mexican port, thousands of miles away, is Norwegian Cruise Line's Pride of Aloha.
October 25, 2002 |
Media mogul Barry Diller's USA Interactive Inc. said that third-quarter cash earnings rose sharply from strength in its online units, including Expedia Inc. and Hotels.com, which offset weakness at its Home Shopping Network. Quarterly cash earnings, which adjusts for one-time charges and noncash items, rose to $65.7 million, or 14 cents a share, compared with $6 million, or 1 cent a share, last year. USA says this is the best gauge of the company's performance. Revenue rose to $1.
May 4, 2004 |
InterActiveCorp, the Internet commerce company controlled by Barry Diller, reported a first-quarter profit of $41.5 million, or 5 cents a share, helped by growth at its Expedia and Hotels.com travel sites. Marketing costs jumped. The results contrasted with a loss of $106.8 million, or 23 cents, a year earlier, when the company wrote down the value of its stake in Vivendi Universal's entertainment unit. Per-share earnings reflect the payment of preferred dividends. Sales rose 6.1% to $1.
September 12, 2004
Thank you for the insightful article "Decoding Hotel Ratings: What's a Star-Crossed Traveler to Do?" [Internet Traveler, Aug. 29]. One thing you didn't mention, which I think is pertinent, is that InterActiveCorp also owns TripAdvisor and Citysearch. This is frightening to independent hotels such as mine, which have become more of a target for businesses such as Hotels.com, Travelocity and Expedia as chain hotels regain control of their pricing and inventory. The fear stems from rating systems that don't allow for the uniqueness of a market or property.
May 1, 2000 |
Irvine-based Go2 Systems Inc. today will announce an alliance giving the company's fast-growing addressing and locator system a prominent spot on a new Internet portal for wireless devices being launched by Bay Area start-up Neomar Inc. The new Neomar Mobile Portal, along with Go2 content, is available through American Mobile Satellite Corp.'
September 2, 2001
Here's a Waikiki hotel deal with a great price--and some major caveats. The former Hawaiian Waikiki Beach Hotel, which recently changed hands and was renamed the Aston Waikiki Beach Hotel, is offering rooms for $65 per night during its $30-million renovation. The pluses: The 719-room, high-rise hotel at 2570 Kalakaua Ave. is across the road from a prime beach, and the discounted price is a fraction of its published rates, $169 to $239.
July 27, 2004 |
Barry Diller's Internet empire got a little bigger Monday. InterActiveCorp said it purchased a 30% stake in ELong Inc., a Chinese online travel provider, for $60 million. New York-based InterActiveCorp also acquired securities that, if exercised, would increase its ownership in the Beijing-based company to 51%. The move fits InterActiveCorp's strategy of buying Internet companies that are "competitive on a time-sensitive basis," said Daniel E.