Expedia makes long-term London commitment

Expedia makes long-term London commitment

Expedia has pledged a long-term commitment to London by signing a deal to expand its UK office with a new lease until 2030.

The expansion will see Expedia increase its headcount over the next few years, adding more London based jobs.

The company has agreed to lease an extra 138,000 sq ft in addition to extending its original lease.

Expedia’s London expansion follows a series of post-Brexit investments into London from other leading US technology companies.

Google has put forward a £1 billion investment plan for a new headquarters in King’s Cross, Facebook announced an additional 500 jobs for London and Apple revealed its plans for new headquarters in Battersea since the EU referendum vote.

Earlier this year, Snap Inc, announced it will open an international hub in London.

Johan Svanstrom, president of Hotels.com, part of the Expedia group, said: “Angel and Islington has proven to be a fantastic location for our London-based employees.

“As a company, we see a lot of opportunity in London given the continued growth of e-commerce and technology industries and the strong pool of talent in the city.

“We look forward to expanding the presence of our Expedia group of businesses here in years to come.”

London mayor, Sadiq Khan said: “London is the tech capital of Europe and continues to be a leading destination for US tech companies with a global footprint.

“I am delighted that Expedia has pledged its long term commitment to London, helping to generate new jobs and growth for the capital. Their expansion offers further proof that London remains open for business, talent and investment.”

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