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            2. History of the Online Travel Industry Pioneer

              Major Milestone Timeline

              MARCH

              Expedia, Inc. rebrands to Expedia Group, Inc.

              OCTOBER

              Expedia!Fun rebranded to Expedia Local Expert

              Expedia.com celebrates 10 year anniversary

              APRIL

              IAC’s Michael Adler to become new CFO at Expedia, Inc.

              2005

              JANUARY

              IAC takes controlling interest in eLong(announced 12/04)

              2004

              APRIL

              IAC acquires TripAdvisor?(announced 03/04)

              MARCH

              IAC acquires Egencia and rebrands it Expedia Corporate Travel

              2003

              NOVEMBER

              AUGUST

              IAC acquires Expedia?(announced 03/03)

              JUNE

              IAC acquires remainder of Hotels.com(announced 04/03)

              2002

              NOVEMBER

              Expedia Corporate Travel Launches

              2000

              JANUARY

              Expedia acquires Travelscape.com, Inc.

              1999

              NOVEMBER

              Expedia announces initial public offering

              1996

              OCTOBER

              Expedia.com debuts on web as Microsoft Expedia Travel Services

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