Expedia Spent $279 Million on Acquisitions in Q1, Airbnb Gained $70 Million on Tiqets Deal: Scoop

Expedia Spent 9 Million on Acquisitions in Q1, Airbnb Gained  Million on Tiqets Deal: Scoop
Travel

Expedia Group spent $279 million on acquisitions in the first quarter, driven by the closing of its deal to buy the Amsterdam-based Tiqets brand.

Expedia disclosed the spending in its its 10-Q financial filing published Friday, but didn’t tie it to its acquisition of the Amsterdam-based experiences brand.

Meanwhile, Airbnb, an investor in Tiqets, looks to have made $70 million on the deal. Airbnb disclosed the $70 million gain in its Q1 sha

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