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Expedia Offers Exclusive Samsung App with 24x7 Support

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Expedia Inc.EXPE recently launched an app exclusively for Samsung SSNLF Galaxy phones. The travel website already offers apps for Google's GOOGL Android and Apple's AAPL iOS devices.

About the App

The app has a launch screen that looks rather different from the ordinary apps, and offers Galaxy-exclusive deals.

The new app has something extremely useful for frequent travelers - a 24x7 customer support line.

To make the deal sweeter, users will get a $50 discount for installing the app that can be redeemed on the first hotel reservation worth over $250.

Expedia Stock

Earlier this week, Expedia's price target was increased by more than 10% to $127 from $115 by investment firm, Jefferies. In addition, analysts at Jefferies reiterated a Hold rating on the stock.

Analysts are optimistic about Expedia's Orbitz Worldwide, Inc. buyout following the approval from the Department of Justice's Antitrust Division last week. General Bill Baer, assistant attorney, also stated that the buyout will not create any competitive risks in the online travel booking market or harm U.S. consumers.

The deal brought brands like Orbitz.com, CheapTickets, ebookers, HotelClub and Orbitz Partner Network under Expedia's portfolio making it one of the largest online travel agencies in the country. The company also became a strong competitor for the industry's leading players, like The Priceline Group Inc. and TripAdvisor Inc.

However, analysts are concerned about intensifying competition in the online travel space.

Expedia is one of the most recognizable online travel companies, with an extensive list of brands such as Expedia.com, Hotels.com, Hotwire, Egencia, Venere.com, trivago, CarRentals.com and Expedia CruiseShipCenters.

Expedia currently has a Zacks Rank #3 (Hold).

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EXPEDIA INC (EXPE): Free Stock Analysis Report

APPLE INC (AAPL): Free Stock Analysis Report

SAMSUNG ELE LTD (SSNLF): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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