Expedia 8-K Financial statements and exhibits

Exhibit 99.1

Exhibit 5

Key Operating Metrics

(In Thousands, except ADR)

(unaudited)

	Three months ended															Year-over-year
	Dec. 31, 2001			Mar. 31, 2002			Jun. 30, 2002			Sep. 30, 2002			Dec. 31, 2002
Gross Bookings
Total gross bookings (A)	$	704,000		$	1,107,000		$	1,335,000		$	1,466,000		$	1,380,000		96	%
Agency gross bookings		540,000			797,000			937,000			1,042,000			1,002,000		86	%
Merchant gross bookings (includes CCV)		164,000			310,000			398,000			424,000			378,000		130	%
CCV gross bookings					18,000			82,000			67,000			42,000		n/a
International gross bookings		48,000			85,000			94,000			138,000			123,000		156	%
US gross bookings		656,000			1,022,000			1,241,000			1,328,000			1,257,000		92	%
Additional metrics
Revenue from packages	$	11,573		$	25,456		$	41,527		$	49,881		$	46,912		305	%
Total room nights stayed		1,522			2,042			2,627			3,207			3,168		108	%
Merchant room nights stayed		1,178			1,644			2,077			2,602			2,522		114	%
Merchant hotel average daily rate (excludes CCV)	$	109		$	118		$	120		$	114		$	119		9	%
Customers
Average monthly Media Metrix reach (B)		9,238			11,242			12,161			12,615			11,392		23	%
Expedia.com conversion (C)		5.2	%		5.8	%		6.3	%		6.7	%		7.2	%	38	%
Expedia new purchasing customers (D)		870			1,316			1,529			1,693			1,528		76	%
Expedia cumulative purchasing customers (E)		6,294			7,610			9,139			10,832			12,360		n/a
Expedia quarterly unique purchasing customers (F)		1,383			1,874			2,217			2,492			2,355		70	%

(A) Gross bookings represents the total value of travel booked through the Expedia and WWTE sites, Classic Custom Vacations and Metropolitan Travel since acquisition.

(B) Average monthly Media Metrix reach represents the unduplicated reach for the Expedia sites.

(C) Conversion represents the monthly average Expedia.com unique monthly purchasers divided by the monthly average Media Metrix reach for the Expedia.com site.

(D) Expedia new purchasing customers represents the number of new customers transacting through the Expedia sites in a quarter.

(E) Expedia cumulative purchasing customers represents the cumulative number of customers that have ever transacted through the Expedia sites as of the end of a quarter.

(F) Expedia quarterly unique purchasing customers represents the number of unique customers transacting through the Expedia sites over the course of a quarter.