Expedia Signs Global Partnership Agreement With Spain's Iberostar Hotels & Resorts

BELLEVUE, WA. and Palma de Majorca, Spain. –– Expedia, Inc. (NASDAQ: EXPE), the world’s largest online travel company,  has signed a global partnership agreement with Iberostar Hotels & Resorts, a Spanish hotel chain with properties in 16 countries throughout the Caribbean, South America, Europe and North Africa.

Under this agreement, Iberostar’s portfolio of beachfront properties will be available to the millions of consumers who shop and book travel on more than 90 Expedia®- and Hotels.com®-branded sites worldwide each month.

This agreement comes as Iberostar seeks to reinforce its existing geographical footprint and to diversify its product offering in new destinations and hotel business segments, with four new properties recently opened this year in Tunisia, Morocco and Cape Verde.

“Partnering with Expedia extends Iberostar’s reach and grows our audience, supporting our efforts to expand into entirely new markets for us, such as South America and Africa,” said Luis Hérault, (top right photo) CMO, Grupo Iberostar.

“Expedia is committed to growing the global selection of hotels we offer to travelers worldwide, and Iberostar enhances that selection,” said Melissa Maher, (middle left photo) Vice President of Strategic Accounts, Expedia.

“We’re pleased to support Iberostar’s international expansion by delivering global demand and working with them to grow their business.”

Expedia, Inc. is the largest online travel company in the world, with an extensive brand portfolio.  

Expedia Partner Services Group (PSG) is the central point of contact for travel suppliers to access the global Expedia marketplace of leading travel brands comprising more than 90 points of sale worldwide.

IBEROSTAR Hotels & Resorts is a family-owned hotel chain based in Palma, Majorca. IBEROSTAR resorts are 4 and 5 star properties, located in 16 countries across Spain, the Mediterranean, the Caribbean, and South America.

The hotel chain belongs to GRUPO IBEROSTAR, one of the most consolidated Spanish tourist groups with 50 year experience. The company currently has over 100 hotels and 36.000 rooms.

Contacts:
Katie Deines, Expedia, +1 425 679-7991, press@expedia.com
Julie Tullbane, Daly Gray, Inc., T 703-435-6293, F 703-435-6297, julie@dalygray.com