Expedia Doubles Its London HQ
Expedia will double the size of its UK headquarters to about 276k SF, and signed a lease that runs until 2030 in the Angel Building, Bloomberg reports.
Mayor of London Sadiq Khan said London is the tech capital of Europe and continues to be a leading destination for U.S. 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,” Khan said.
Johan Svanstrom, president of Expedia-owned Hotels.com, said the growth of e-commerce and the strong talent pool in London were reasons to expand.
The online travel company is the latest technology company to announce plans to expand in Britain, despite Brexit and other world events throwing uncertainty in the market. Amazon said this week that it would hire 5,000 new workers. Google confirmed it would go ahead with its plan to build a hub in King’s Cross and boost its UK workforce from 4,000 to 7,000. And in September, Apple signed a lease for 500k SF at London’s Battersea Power Station.