Expedia expands in Angel

Online travel company Expedia has announced it will lease an extra 138,000 sq ft at its UK office in London’s Angel, as part of its global growth plans.It will also sign a new lease until 2030 on The Angel Building, which is owned by Derwent London. Expedia’s London expansion follows a series of post-Brexit investments into London from other leading US technology companies. Since the EU referendum vote, Google has put forward a £1bn investment plan for a new headquarters in King’s Cross, Facebook announced an additional 500 jobs in London and Apple revealed its plans for new headquarters in Battersea. Earlier this year, Snap Inc announced it will open an international hub in London. Mayor of London, 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.” Johan Svanstrom, president of the Hotels.com brand, part of the Expedia group added: “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 ecommerce 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.”