Expedia and Hyatt Extend Long-Term Timeshare Partnership

Expedia, Inc., the world's leading online travel company, today announced that it has extended its partnership with Hyatt Hotels & Timeshare Resorts. The new agreement builds on 10 years of association between the two companies. Under it, Expedia® 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 timeshare 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 timeshare properties."