Acquisitive Expedia’s Latin American Buy

Expedia has bought an estimated 20% of Latin American online travel market leader, Decolar.com, Inc, which operates Decolar.com and Despegar.com, for USD270m.

Expedia and Decolar have had a commercial relationship since 2002 and the new agreement includes “deeper cooperation on hotel supply”.

In the past six months Expedia has bought Wotif.com, Travelocity and also made an offer on Orbitz.

“Decolar is a clear online travel leader in the highly attractive Latin American market,” said Dara Khosrowshahi, President and Chief Executive Officer, Expedia, Inc.

“We are incredibly excited to grow our exposure to customers in Latin America through our investment, and to power Decolar’s growing outbound lodging demand through our global supply team.”

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