Groupon finally published an internal email which rankled regulators, and in it CEO Andrew Mason says Groupon Getaways with Expedia “will do $10 million in its first calendar month.”
Flash sales may be all the rage, but Priceline CEO Jeffery Boyd questions the wisdom of Expedia’s flash-sales alliance with Groupon.
Priceline’s hotel and car rental business grew substantially in the second quarter, and the company also is pondering local deals as a new revenue stream.
Groupon Getaways with Expedia debuted with a hodge-podge of international hotel offers, and plenty of Expedia advertising.
The partnership between Groupon and Expedia to form Groupon Getaways with Expedia has generated a lot of buzz and a healthy interest in the logistics of the daily deal model in travel.
Google has introduced a beta of Google Offers and Groupon teamed with Expedia and is poised for an IPO, but in the face of this flash-sales frenzy, Travelzoo believes its own approach will be “very difficult to replicate.”
A day after Groupon unveiled plans for Groupon Getaways with Expedia, the flash sales site filed a registration statement for a $750 million initial public offering with travel as a key part of its growth strategy.