Procurement
Expedia for the quarter ending March 31, 2014 reported that its Egencia corporate travel division for the first time reached $100 million in revenue.
That was up 13 percent year over year. Egencia's gross bookings volume increased 17 percent to $1.3 billion while adjusted earnings before interest, taxes, depreciation and amortization came in at $16 million, up 35 percent year over year but down sequentially from the previous quarter by about $2 million.