Expedia to expand into India next year

Bellevue, Washington: Expedia Inc., the world’s largest online travel agency with more than $17 billion in annual gross travel bookings, plans to grow even larger early next year when it establishes operations in India.
Sharat Dhall, managing director of Expedia’s yet-to-be launched India subsidiary, confirmed in mid-October that the company will launch a Web portal specifically for Indians. The announcement put an end to several years of speculation about when – or if – Expedia would enter India.
“We will be starting our own Web site in India shortly,” Dhall said in a statement. “We have the strength of our international experience and exposure. Based on that, we will build our Indian operations with a long-term view.”
Himanshu Singh, managing director of Travelocity.com India Pvt. Ltd., the Mumbai-based subsidiary of Travelocity.com LP, Expedia’s largest competitor, responded to the news by essentially challenging Expedia to “bring it on.”
11/09/07 Chris Nelson/IndUS Business Journal, US

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Categories: Foreign Nov 2007, General Aviation Nov 2007