Managing Director, Expedia Australia and New Zealand, discusses the future of the online travel market within APAC
Following the acquisition of online travel company, Zuji, by Australian operator, Webjet, Georg Ruebensal, Managing Director of Expedia Australia and New Zealand, has announced that Expedia will finish the year in a strong position, tracking to their plan accordingly. This is despite recent comments from Webjet citing general softness in the online travel category.
Mr. Ruebensal stated “Today’s announcement from Webjet supports Expedia’s forecast for growth in the APAC region, and Expedia very much welcomes the added competition in a market that is ripe for continued expansion. Expedia sees the increased competition in the region as a benefit for both online travel consumers and suppliers.”
Expedia plans to continue building on the success of the joint venture with Asian travel operator, AirAsia, which they established back in March 2011.
Mr. Ruebensal commented: “The partnership with AirAsia undoubtedly has been instrumental in developing our product inventory in this market, with Expedia now showcasing 13 localised websites and will continue to grow this number aggressively given the demand in this region”
“Investment in Asia is not something new to Expedia. Prior to the joint venture Expedia saw great success with its eLong business which was established back in 2005 and remains a valued part of the Expedia family.”
With regards to the local market Mr. Ruebensal commented: “The acquisition of Zuji by Webjet is not something we foresee impacting the Australian travel sector, however, the competition it will provide in the Asian market is welcomed by Expedia.”
For more information or to download the full release, visit http://press.expedia.co.nz
Notes to Editors:
Expedia, Inc. (NASDAQ: EXPE), the world's largest online travel company, operates Expedia.com.au™ (http://www.expedia.co.nz/) in Australia. Expedia helps Australians plan and book their travel by providing a personalised service, the latest technology and a wide selection of holiday packages, cheap flights, hotel bookings, car hire, in-destination attractions & activities and travel insurance to suit their travel needs.
Expedia and Expedia.com.au are registered trademarks or trademarks of Expedia, Inc. in the US and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners. © 2010 Expedia, Inc. All rights reserved.
For more information, please contact:
Amee Evans, Marketing & Communications Manager Expedia ANZ
firstname.lastname@example.org/+61 2 8090 6627
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