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SOURCE Expedia, Inc.
Bringing together one of the world's largest travel companies and an award-winning car rental brand
MUNICH and BELLEVUE, Wash., June 12, 2014 /PRNewswire/ -- Sixt, one of the leading international mobility service providers, signed its first global partnership with Expedia, Inc. (NASDAQ: EXPE), one of the world's largest travel companies. The agreement provides Expedia, Hotwire and CarRentals.com customers direct access to Sixt's premium rental fleet at more than 2,000 locations across more than 100 countries.
The multi-year, global agreement with Sixt establishes Expedia, Inc. as a key partner in Sixt's expansion plans. Specifically, Sixt plans to extend its presence in the United States – the world's largest car rental market – by opening both owned and franchised locations across the country.
"We are so pleased for the opportunity to expand our car rental offering through our long-term agreement with Sixt," said Dara Khosrowshahi, President and Chief Executive Officer, Expedia, Inc. "In partnering with Sixt, we can better serve our customers across the globe with a large premium car rental fleet and great service – a winning combination," added Khosrowshahi.
Erich Sixt, Chief Executive Officer, Sixt SE added, "With Expedia, Inc., we are very pleased to have found a partner who corresponds perfectly to our ambitious growth plans, particularly in the United States. The cooperation with one of the world`s most important travel companies enables us to better address a wide range of travelers worldwide. Additionally, customers on Expedia, CarRentals.com and Hotwire can benefit from very attractive premium mobility services."
Headquartered in Pullach near Munich, Sixt SE is a leading international provider of premium mobility services for business and corporate customers as well as private travelers. Sixt is represented in more than 100 countries around the world and is continually expanding its presence. Sixt is the only international provider to develop flexible and tailored concepts for its customers that integrate rental, leasing, car sharing and limousine service products. Strengths such the high number of premium brands in the vehicle fleet, employees' consistent focus on service and good value for money have enabled the company, which was founded in 1912, to establish an excellent market position. The company collaborates with prestigious hotels, popular airlines and a range of renowned service providers from the tourism industry. The Sixt Group generates sales revenues of EUR 1.66 billion (2013).
About Expedia, Inc.
Expedia, Inc. is one of the largest online travel companies in the world, with an extensive brand portfolio that includes some of the world's leading online travel brands, including:
The company delivers consumers value in leisure and business travel, drives incremental demand and direct bookings to travel suppliers, and provides advertisers the opportunity to reach a highly valuable audience of in-market consumers through Expedia® Media Solutions. 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. For corporate and industry news and views, visit us at www.expediainc.com or follow us on Twitter @expediainc.
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