Expedia Fails To Lure Travelers Zacks Investmentupdated Feb 19, 2009TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity.Expedia Inc. (EXPE) swung to a loss in the fourth quarter as the online travel agency booked a large accounting charge amid the ongoing financial crisis that weighed on demand for vacations.In the latest quarter, the company posted a net loss of $2.76 billion, or $9.60 a share, compared with its year-ago net income of $65.4 million, or 22 cents a share. Excluding a $2.76 billion goodwill write-down and other charges, Expedia's quarterly profit of 22 cents per share was a penny above the consensus estimate.Expedia saw its quarterly revenue falling 7% to $620.8 million, hurt by weak demand for both hotel and airline tickets. This is in sharp contrast to rival Priceline.com Inc. (PCLN), which gained market share by luring bargain-hunters through deep discounts.Expedia fell as low as $7.49 in the early session before paring some losses to trade down 6% to $8.00 at noon on the NASDAQ.Editorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.