By comparison, the possibility of increased occupancy taxes and low growth in Egencia (the smallest segment) seem less significant. However, the declining average daily rates could be something to watch. We are reiterating our Outperform rating on EXPE shares.

The Bull of the Day is one of the latest Buy recommendations from Zacks Equity Research. Our team of analysts consistently identify stocks set to outperform the market over the next six months. Discover More Bull of the Day stocks.

Expedia, Inc. will participate in the Bank of America Merrill Lynch Credit Conference in New York on Wednesday, December 2, 2009. Expedia, Inc. Chief Financial Officer Michael Adler's presentation will begin at 11:10 a.m. Eastern Time (ET).

Live audiocasts of these sessions will be available to the public at http://www.expediainc.com/ir. A replay of the audiocasts will be available for 30 days.

About Expedia, Inc.

Expedia, Inc. is the world's leading online travel company. With more people booking travel online in Expedia's global marketplace than anywhere else, the company delivers consumers value in leisure and business travel, drives demand for travel suppliers, and provides advertisers opportunities to reach in-market travel consumers. The Expedia, Inc. portfolio of brands includes Expedia.com(R), hotels.com(R), Venere.com(TM), Hotwire(R), Egencia(TM) (formerly Expedia Corporate Travel), TripAdvisor(R), ExpediaLocalExpert(R), Classic Vacations(R) and eLong(TM). Expedia, Inc.'s companies operate more than 80 global points of sale in nearly 60 countries. Expedia also powers bookings for some of the world's leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia(R) Affiliate Network. For more information, visit http://www.expediainc.com/.

Expedia is a registered trademark of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.

A(C) 2009 Expedia, Inc. All rights reserved. CST: 2029030-40

SOURCE Expedia, Inc.

http://www.expediainc.com/ir

"We're pleased to be working with Choice in an agreement that respects the guiding principles which we operate under," said Dara Khosrowshahi, CEO of Expedia, Inc. "We welcome Choice back into our marketplace, and look forward to delivering value to their franchisees."

"Choice Hotels and Expedia worked together to establish a new agreement that is mutually beneficial and enables hotels in the Choice system to effectively manage their businesses," said Stephen P. Joyce, president and CEO of Choice Hotels International.

Hotels within the Choice system worldwide can participate in the Expedia marketplace and within a week will start to be available on Expedia.com and Hotels.com sites worldwide, and later on Hotwire.com.

    <<

    About Expedia, Inc.
    >>

Expedia, Inc. is the world's leading online travel company. With more people booking travel online in Expedia's global marketplace than anywhere else, the company delivers consumers value in leisure and business travel, drives demand for travel suppliers, and provides advertisers opportunities to reach in-market travel consumers. The Expedia, Inc. portfolio of brands includes Expedia.com®, hotels.com®, Venere.com(TM), Hotwire®, Egencia(TM) (formerly Expedia Corporate Travel), TripAdvisor®, ExpediaLocalExpert®, Classic Vacations® and eLong(TM). Expedia, Inc.'s companies operate more than 80 global points of sale in nearly 60 countries. Expedia also powers bookings for some of the world's leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia® Affiliate Network. (NASDAQ: EXPE)

    <<

    About Choice Hotels International
    >>

Choice Hotels International, Inc. franchises more than 6,000 hotels, representing more than 485,000 rooms, in the United States and more than 35 other countries and territories. As of September 30, 2009, more than 700 hotels are under construction, awaiting conversion or approved for development in the United States, representing more than 59,000 rooms, and more than 100 hotels, representing approximately 9,400 rooms, are under construction, awaiting conversion or approved for development in more than 20 other countries and territories. The company's Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn brands serve guests worldwide. In addition, via its Ascend Collection membership program, travelers in the United States and the Caribbean have upscale lodging options at historic, boutique and unique hotels.

Additional corporate information may be found on the Choice Hotels International, Inc. Web site at www.choicehotels.com.

Expedia and Expedia.com are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Classic Vacations is either a trademark or registered trademark of Classic Vacations, LLC in the U.S. and/or other countries. hotels.com is either a trademark or registered trademark of hotels.com, L.P., a subsidiary of hotels.com in the U.S. and/or other countries. Hotwire is either a trademark or registered trademark of Hotwire, Inc. in the U.S. and/or other countries. TripAdvisor is either a trademark or registered trademark of TripAdvisor, LLC in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.

    <<

    © 2009 Expedia, Inc.  All rights reserved.  CST: 2029030-40

    >>

Choice Hotels, Choice Hotels International, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Collection are proprietary trademarks and service marks of Choice Hotels International.

    <<

    © 2009 Choice Hotels International, Inc. All rights reserved.



    >>

SOURCE: Choice Hotels International, Inc.

Anne Madison of Choice Hotels International, Inc., +1-301-592-6723,
anne_madison@choicehotels.com; or Katie Deines of Expedia, Inc., +1-425-679-7991,
press@expedia.com Web Site: http://www.choicehotels.com

For fleets, Autoquake.com already offers higher returns than wholesale auctions, low days to sale and a 90% conversion rate. For consumers, Autoquake.com is a convenient, transparent and inexpensive way to buy a used car online.

Troy believes that his ecommerce experience in the travel industry will help him refine Autoquake's service to fleets and the car buying public alike. "When you know what works in one industry you can apply it to other markets. By leveraging our ecommerce solution to improve website conversions, improve customer relationship management and optimise our multi-channel distribution approach, we can improve the Autoquake.com proposition still further."

Before being appointed Expedia's Vice President of Engineering, Troy was the company's Senior Director of European Product Development where he worked on Expedia's properties in 11 European countries. "Fleet remarketing is ripe with ecommerce opportunities," said Kaser. "Joining Autoquake is a chance to get in on the ground floor of a business that I am confident will be a global success."

Prior to joining Expedia, Troy worked for a number of high-profile consumer internet companies including MSN. He joins an Autoquake.com team with broad ecommerce experience, with colleagues who have worked for eBay, Yahoo, Lastminute.com and Priceline.com in addition to automotive experience from companies such as Masterlease, Avis, Inchcape and Pendragon; the perfect combination to build a business which serves the fleets and the consumer.

Ecommerce veteran, Dermot Halpin, formerly President of Expedia Europe and who sits on the board of Autoquake.com says "I'm delighted to welcome Troy to the company, further strengthening our team. At Expedia he was one of the key people who helped grow the company into a leader in online travel in Europe and I look forward to repeating our Expedia achievements at Autoquake.com."

Says Autoquake.com CEO Garry Hobson "One of the strengths of Autoquake.com is the mix of automotive and ecommerce experience. With Troy on board we are further strengthening our technology team to ensure we continue to deliver innovative ecommerce solutions to the fleet industry and consumers."

Autoquake.com continues its strong growth. The Autoquake.com website has 300,000 unique visitors per month and the company already remarkets cars on behalf of 11 of the top 20 UK leasing companies. Sales for 2009 are on course to hit 10,000 units, doubling 2008's total.

About Autoquake.com

Autoquake.com's proven online retail model sells high quality used cars on behalf of large corporate fleet and leasing companies direct to consumers through its website www.autoquake.com. Autoquake.com has pioneered the concept of enabling consumers to buy a used car from the comfort of their home. Cars are displayed in Autoquake.com's virtual showroom with descriptions including 40 high quality digital pictures. The breadth and transparency of information about the vehicle dramatically improves the purchase experience for the buyers who are enthusiastically embracing the Autoquake.com model which includes low, no haggle prices. All cars go through a 141 point inspection and come with a 100% money back guarantee. Car finance, warranty, insurance, and delivery are supplementary options that buyers can benefit from.

Fleets typically remarket cars through trade channels such as wholesale auctions where cars are sold at trade prices to car dealers. For fleets Autoquake.com is an attractive disposal channel that gives them a slice of the retail margin whilst delivering days to sale that are similar to auctions. Autoquake.com sells used cars on behalf of large fleet and leasing companies. The ex-company cars are taken directly from the UK fleet operators, prepared to retail condition and sold via the Autoquake.com website. Because Autoquake.com takes out a step in the value chain, it can provide higher returns for fleets while still saving consumers money. The company is funded by leading venture capital companies Accel Partners and Highland Capital Partners who investor in companies such as Facebook, Digg and Real Networks.

CONTACT: Karen Parry Tel: +44 (0)1784 456 526 Tel: +44 (0)7903 955696 e-mail: karen@prandmediaworks.com

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