Expedia.com Hilton Hotels Corporation Expands Merchant Relationship with Expedia
BELLEVUE, Wash – April 14, 2003 – Expedia, Inc. (NASDAQ: EXPE) today announced that Hilton Hotels Corporation (NYSE: HLT) will provide Expedia.com® customers with greater access to the company’s owned, managed and franchised hotel portfolio, which includes such premier brands as Hilton®, Doubletree®, Embassy Suites Hotels®, Hilton Garden Inn®, Hampton Inn® and Homewood Suites by Hilton®. The two companies are also developing an electronic direct connection between Expedia®’s database and Hilton’s central reservation system, making it significantly easier for Hilton properties to manage room rates and inventory sold through Expedia.com.
“With this agreement, Hilton Hotels Corporation can now provide Expedia.com customers with enhanced access to our company’s merchant model inventory,