Before Expedia announced its quarter results, I found another press-release from Vanguard. From now it owns 7.52% of Expedia. Vanguard is one of the most popular and influential fund in the United States with a number of awards and $3 trillion AUM. The Vanguard Group just filed a "Statement of acquisition of beneficial ownership", which is also known as a 13G. In the filing, it appears as though The Vanguard Group claims to own 10,347,846 shares. This represents 7.52% of Expedia. This again reflects the investor's interest in the online tourism. We've already seen some significant M&A deals in this field last year and hope yo see even more this year. I assume that such stocks as EXPE and PCLN can become a good addition to the portfolio.