Expedia to invest $270m in Decolar.com.

Expedia, the Latin American online travel company to invest $270m in Decolar.com, travel company, announced today that the two companies. Expedia's equity investment further strengthens the relationship between the two companies and will help each company grow by better serving customers in the highly competitive global travel market. The overall investment of $270 million, which will be accounted for on a cost basis for Expedia, comprises a mix of primary and secondary investments. "Decolar is a clear online travel leader in the highly attractive Latin American market. We are incredibly excited to grow our exposure to customers in Latin America through our investment and to power Decolar's growing outbound lodging demand through our global supply team." Dara Khosrowshahi, Expedia President and Chief Executive Officer.