Nustay confirms Expedia partnership agreement terminated
Today, Nustay A/S (“Nustay”) confirms that EAN.com, LP (“Expedia”) via Accomnews.com.au have told that they have terminated the partnership agreement with Nustay, which Nustay hereby confirms. The termination will not have influence on Nustay’s cash EBITDA. Expedia is not an attractive hotel inventory source for Nustay.CEO Mathias Lundoe Nielsen comments: ”Nustay’s mission is to offer the lowest hotel prices on the market in the interest of the consumers and we look forward to continue to do so”. For further information about Nustay, please contact: Mathias