Trade Press Release EXPEDIA’S DYNAMIC PACKAGING TECHNOLOGY SET TO REVOLUTIONISE BOOKING OF ONLINE TRAVEL Expedia.co.uk, the UK’s leading online travel agent, today announced details of ‘Flight +’, the UK’s most advanced online booking engine for dynamically packaged holidays and short breaks. Through unparalleled technology, customers will be able to book the trip they want at the time they want, with the hotel and airline they want at the price they want, all online. The choice and control ‘Flight +’ offers means it’s ideal for business, city breaks or longer package holidays. The benefits of the new service include: Combination of negotiated FIT (Flight Inclusive Tour) rates from airlines and Expedia Special Rate (ESR) hotels means customers are offered value for money when booking their travel. Value and convenience of an all-in-one trip with the flexibility and freedom of totally independent travel. No expensive brochure costs to pass to consumers. Dynamic packaging technology offers suppliers greater control over yield management. ‘Flight +’ lets supply and demand dictate the price the customer pays in real time. Expedia’s dynamic packaging tool allows customers to build their own package in real time, reaping the benefit of simple and transparent prices. Inclusive tour rates from 80 airlines are combined with prices from 5,000 ESR hotels in one nononsense figure. Smart technology ensures customers will not be confused by “constantly moving prices and a fiendishly complex system of discounts.”1 The new ‘Flights +’ technology gives suppliers much more control over yield management and avoids the traditional requirement to commit to fixed prices up to six months in advance. Hoteliers who have been feeling the pinch since tour operators reduced capacity post September 11 are looking for new distribution channels and Expedia’s hotel Extranet tool allows hoteliers to manage their room nights and pricing according to demand. Suppliers using Expedia have a ready-made brochure that can be updated hourly – the website. This means Expedia does not have hefty brochure costs to pass on to customers, delivering even more value for money. On offer with ‘Flight +’ are a variety of packages for over 400 destinations worldwide ranging from 2-5 star hotels. These are categorised into European Cities, US Cities, Florida and the Caribbean. There are no restrictions on airline, departure airport, departure time or length of stay that you would find with conventional packages. As well as combined air and hotel packages, customers are able to bundle car hire and insurance offerings into their single purchase. Customers will be able to choose from 10 car hire types and 3 different insurance policies. Commenting on the new service, Dermot Halpin, managing director of Expedia.co.uk, said: “Expedia has again shown its lead in the online travel industry through its unmatched technology. There is simply no better way to put together a dynamic package online. The benefits to consumers and suppliers alike means it’s a win-win situation all round.” - ends - Notes to Editors: 1. Travelcare’s Holiday Report 2002 For further information regarding Expedia please contact: Rory Steel 0207 465 7765 Isobel Archer 0207 465 6400 Ben Philipson 0207 465 7775 Giles Read 0207 465 6422 Expediateam@redconsultancy.com For online press information on Expedia.co.uk: http://www.expedia.co.uk/daily/press/ About Expedia.co.uk Expedia, Inc. (Nasdaq: EXPE) operates Expedia.co.uk in the UK and has localised versions for travellers in the US, Canada, France, Germany, Italy and the Netherlands. Expedia and Expedia.co.uk are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other product and company names mentioned herein may be trademarks of their respective owners. Expedia.co.uk offers millions of published and discounted fares on over 450 airlines, a directory of more than 80,000 accommodation properties world-wide and 4 million rooms, car hire from the top rental companies, dynamic packaging technology and a choice of package holidays. The site also includes in depth destination guides and maps, a comprehensive travel information service, and links to relevant Web sites. Expedia.co.uk is entirely free to anyone and does not require registration.