The OTA Sector Is Becoming Increasingly Consolidated

question 8

Multiple Choice

The OTA sector is becoming increasingly consolidated. For example, in 2015, Expedia purchased which company for about $1.3 billion?

• A) TUI
• B) Thomas Cook
• C) Orbitz Worldwide
• D) Expedia

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Definitions:

Temporary Investments

Investments not intended to be held for long periods, often used to earn a return on idle cash.

Primary Objective

The main goal or purpose that an organization or individual aims to achieve.

Market Price

The actual selling price of goods or services in the market, which may fluctuate based on demand and supply.

Foreign Currency Translation

The process of converting the financial statements of a company from its operating currency into another currency for reporting purposes.