Expedia and Hyatt Extend Long-Term Partnership
Agreement Builds on 10-Year History of Partnership Between the Two Companies
APRIL 17, 2006. Expedia, Inc., the world's leading online travel company, today announced that it has extended its partnership with Hyatt Hotels & Resorts. The new agreement builds on 10 years of association between the two companies. Under it, Expedia(R) and Hyatt continue not only as distribution partners, but also as marketing partners.
"From being the first hotel company to join Expedia in a marketing partnership to being the first to participate in our direct connect program for hotels, Hyatt exemplifies the long-term, mutually beneficial relationships Expedia strives for with our partners," said Paul Brown, president, Partner Services Group, Expedia. "Expedia is increasingly strengthening its hotel supplier relationships through long-term contract commitments, helping our partners to expand their businesses, and ultimately bringing value and convenience to travelers."
This agreement expands Hyatt's current partnership with Expedia, allowing Expedia to better market and distribute Hyatt inventory. Hyatt will benefit from new business terms plus Expedia's online travel expertise and broad reach, while Expedia customers gain broad access to Hyatt inventory and rates.
Said Tom O'Toole, senior vice president, Strategy and Systems for Global Hyatt Corporation: "We have enjoyed a long and fruitful relationship with Expedia, and this agreement further solidifies our relationship. We are pleased to be working closely with Expedia to build business for Hyatt properties."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
