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CNNW CNN Newsroom January 9, 2013 - Vimarsana News

CNNW CNN Newsroom January 9, 2013

Hello and welcome to news room international. We are going to take you around the world in 60 minutes. Here is some of what we are working on. Those relentless fires continue to burn across huge areas of southeastern australia. Lance armstrong at the center of controversy again this after reports that he tried to give 250,000 to an antidoping agency. First president obama making another cabinet pick. The president will nominate white house chief of staff jack lew to replace Timothy Geithner as treasury secretary. Tell us about jack lew. Jack lew is the chief of staff known as a tough negotiato...

Online Travel Update: Booking Holdings, Expedia Group and Tripadvisor report rising travel demand and discuss core strategies to capture travel rebound in first quarter's earnings releases | Foster Garvey PC - Vimarsana News

Online Travel Update: Booking Holdings, Expedia Group and Tripadvisor report rising travel demand and discuss core strategies to capture travel rebound in first quarter's earnings releases | Foster Garvey PC

My key takeaways from this past week’s Expedia call are below: Highlights from the recently announced sale of Expedia’s corporate travel platform, Egencia, to Amex GBT include (i) Expedia eventually owning approximately 14 percent of the combined businesses post-closing – which Expedia assumes will be worth $700 million and (ii) the deal comprising a long-term supply agreement between Expedia Partner Services (EPS) and Amex GBT, which according to Expedia CEO, Peter Kern, underscores EPS’ continuing efforts to position itself as a B2B business platform and allow Expedia to focus on it...