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expedia reveals revenue and bookings rise

ON-LINE travel agency Expedia has revealed total revenue for
the quarter ending March 31 was $116 million, an increase of 103% on the
previous 12 months.

After tax profits were $28.4 million while gross bookings
for the period were worth $1.1 billion, a 64% rise on the previous year.

Expedia.co.uk managing director James Vaile described the
quarter as “phenomenal”

 

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