How Expedia Makes Most of Its Money

The first step on many journeys these days is a visit to an Expedia (NASDAQ: EXPE) website. Operating in a de facto duopoly with Priceline Group (NASDAQ: PCLN), Expedia's many sites covering nearly every conceivable travel category make it almost unavoidable for vacationers-to-be.

It nearly goes without saying that Expedia draws buckets of revenue from its many services -- to the tune of nearly $2.6 billion in revenue in its most recently reported quarter. Let's take a closer look at where that money comes from.

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Source: Fool.com