16-Mar-2011 3:39 PM
Expedia targets Asia Pacific with new advertising campaign
Analysis
Expedia is pushing its Asia Pacific focus in 2011 with a new advertising campaign in Australia and New Zealand, highlighting the fact that it does not charge airline booking fees. The company scrapped flight booking fees in the region in late 2009.
Expedia plans to launch sites in Malaysia and Thailand by the end of Apr-2011 and has another four to five markets in the region it plans to enter in 2H2011. Online bookings account for 24% of the travel market in the Asia Pacific, compared with 40% in North America and 36% in Europe.
Shares in Flight Centre fell 4.5% yesterday, while Amadeus shares fell 1.1%.
Selected Others daily share price movements (% change): 15-Mar-2011
