Expedia Acquires European Car-Rental Site Auto Escape Group
Photo Credit: Expedia Inc. agreed to acquire European-based Auto Escape Group from a private equity fund. Auto Escape Group
Skift Take
The merger and acquisition frenzy in the travel industry continues apace, and Expedia's acquisition of the Auto Escape Group will enhance Expedia's global competition with the Priceline Group.
The travel industry's merger and acquisition spree revved up a bit as Expedia Inc. agreed to acquire European car-rental reservation company Auto Escape Group from Montefiore Investment and Auto Escape Group's management.
Auto Escape Group, which fields the Auto Escape and Car del Mar brands, and also provides negotiated rates and
