Monday, November 08, 2004

Question marks hang over IAC: eyefortravel.com - Travel Distribution News, Events and Analysis

eyefortravel.com - Travel Distribution News, Events and Analysis Question marks hang over IAC despite a healthy third quarter profit...IAC's key online travel division, composed of Expedia, the market's leading Web site, Hotels.com and Hotwire, faces challenges in the form of tighter hotel inventory, falling commissions and increased competition from rivals like Orbitz and Travelocity.

“Diller must also counter criticism that he has done little to stitch a common thread through his network of sites, which he began assembling only a couple of years ago...Diller is adament however that his internet empire will grow by assertively expanding overseas and cross-selling products on its sites."

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