INVESTOR PRESENTATION July 30, 2015 Exhibit 99.2

2 Safe Harbor Forward-Looking Statements. This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance. These forward-looking statements are based on management’s expectations as of July 30, 2015 and assumptions which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The use of words such as "intends" and “expects,” among others, generally identifies forward-looking statements. However, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements and may include statements relating to future revenues, expenses, margins, profitability, net income / (loss), earnings per share and other measures of results of operations and the prospects for future growth of Expedia, Inc.’s business. Actual results and the timing and outcome of events may differ materially from those expressed or implied in the forward-looking statements for a variety of reasons, including, among others: an increasingly competitive global environment; modifications to our current business models and practices or our adoption of new business models or practices in order to compete; changes in search engine algorithms and dynamics or other traffic-generating arrangements; declines or disruptions in the travel industry; our failure to maintain and expand our relationships and contractual agreements with travel suppliers or travel distribution partners; our failure to maintain and expand our brand awareness or increased costs to do so; our failure to adapt to technological developments or industry trends; risks relating to our operations in international markets, including China; adverse application of existing tax or unclaimed property laws, rules or regulations or implementation of new unfavorable laws, rules or regulations; adverse outcomes in legal proceedings to which we are a party; our failure to comply with current laws, rules and regulations, or changes to such laws, rules and regulations; determinations by U.S. and foreign tax authorities regarding our worldwide tax provision for income taxes; payments related risks, including credit card fraud; volatility in our stock price; liquidity constraints or our inability to access the capital markets when necessary; interruption or lack of redundancy in our information systems; failure to retain or motivate key personnel or hire, retain and motivate qualified personnel, including senior management; changes in control of the Company; management and director conflicts of interest; risks related to actions taken by our business partners and third party service providers, including failure to comply with our requirements or standards or the requirements or standards of governmental authorities, or any cessation of their operations; risks related to the failure of counterparties to perform on financial obligations; fluctuations in foreign exchange rates; our failure to comply with governmental regulation and other legal obligations related to our processing, storage, use and disclosure of personal data, and liabilities related to security breaches; risks related to our acquisitions, investments or significant commercial arrangements; risks related to our long-term indebtedness; our failure to effectively operate our businesses due to restrictive covenants in the agreements governing our indebtedness; our failure to protect our intellectual property from copying or use by others, including competitors; and other risks detailed in Expedia, Inc.’s public filings with the SEC, including our quarterly report on Form 10-Q for the quarter ended June 30, 2015. Except as required by law, we undertake no obligation to update any forward-looking or other statements in this presentation, whether as a result of new information, future events or otherwise. Non-GAAP Measures. Reconciliations to GAAP measures of non-GAAP measures included in this presentation are included in the Appendix. These measures are intended to supplement, not substitute for, GAAP comparable measures. Investors are urged to consider carefully the comparable GAAP measures and reconciliations. Industry / Market Data. Industry and market data used in this presentation have been obtained from industry publications and sources as well as from research reports prepared for other purposes. We have not independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. Trademarks & Logos. Trademarks and logos are the property of their respective owners. © 2015 Expedia, Inc. All rights reserved. CST: 2029030-50 July 2014

3 Important Note In May 2015, Expedia sold its 62.4% equity stake in eLong for approximately $671 million to several purchasers including Ctrip. Expedia and Ctrip also reached agreement on cooperation for certain travel products in specified geographic markets. Unless otherwise noted, due to Expedia’s sale of its eLong stake, all discussion in these slides refers to results for Expedia, Inc. excluding eLong. July 2014

4 Investment Highlights A Leading Global Player in ~$1.3 Trillion Travel Market Significant Growth Opportunities Across Geographies Consistently Strong Financial Execution Technology Platform Innovation Driving Higher Conversion Success in Growing Mobile Channels A Growth Company High Growth Advertising & Media Business Rapid Expansion in Highly Fragmented Hotel Industry Supported by Multi-Product Offering Solid Track Record of Disciplined Capital Allocation

5 One of the Largest Travel Companies in the World Mutually Beneficial Supply Agreements Value to Travelers Scale Enables Virtuous Circle Diverse Demand: Geography AND Travel Type SUPPLY Depth and Breadth of ~257,000 Hotels in 200+ Countries 400+ Airlines 6.2 Million Packages Volume and Diversity of Global Travel DEMAND 5 Billion Flight Searches Travelers in ~70 Countries Corporate and Leisure Travel; Online and Offline

Established Brands With Global Reach Brand Recognition in EVERY Established Market Solid Foothold in Emerging Markets 89 Sites in 68 Countries A Leading Hotel Specialist Globally 31 Sites in 31 Countries A Leading Full-Service Online Travel Agency Sites in                   50 Countries A Leading Hotel Metasearch Company Presence in 65 Countries A Leader in Global Corporate Travel 6 Trusted Brands

7 Diversifying Revenue Mix Reduces Risk and Positions the Business for Growth 2005 Revenue 1 Revenue TTM 2 6/30/15 PRODUCT Hotels 63% Hotels 70% Car, Cruise & Other 13% Air 8% Air 22% GEOGRAPHY International 21% Domestic 79% International 45% Domestic 55% Ad & Media 9% Ad & Media 2% 1 2005 Geography excludes eLong; Product includes eLong 2 Trailing Twelve Months 7 Car, Cruise & Other 13%

Expedia 6% Other Expedia 6% Other Expedia 17% Other Expedia 5% Other ONLINE TRAVEL SEGMENT 56% 23% 44% 29% 42% of Total Travel Market Global Leader and Significant Headroom for Further Growth Sources: PhoCusWright estimates and Expedia data; travel market size estimates based on PhoCusWright data for full year 2015. Note: Expedia’s share of travel market defined by TTM gross bookings as of June 30, 2015. Beginning in Q4 2014, total travel market definition was expanded to include Canada, Eastern Europe and Middle East. Expedia Share: UNITED STATES +   . CANADA LATIN AMERICA EMEA Expedia 10% Other 2015 TOTAL TRAVEL MARKET Expedia 1% Expedia 3% Expedia 2% Other Other $376B $92B $470B $365B Total Travel Market ~$1.3T ASIA PACIFIC Other 8

9 Expedia, Inc. Has Scale in Hotels … Rapidly Expanding in Fragmented Hotel Segment of the Travel Industry 1 Other includes Car, Advertising, Destination Services, Insurance, Cruise, Agency Packages, and Other 2 Sources: Smith Travel Research and Expedia data 3 Hotel data for TripAdvisor, Booking.com and Orbitz obtained from respective company websites.  Booking.com number includes ~307,000 vacation rental properties. … And Significant Room for Additional Growth Hotels 70% $6.0B TTM 6/30/15 Revenues ~257k Hotels in 200+ Countries ~Only 7% Share of Rooms Booked in the US 2 Number of Hotels 3 Global Team Accelerating Pace of Hotel Acquisition 100,000 257,000 694,000 806,000 950,000 Air Other¹

Have Completed Significant Technology Investments That Fortify the Business CUSTOMIZED Front-End Technology for Rapid Innovation and Powerful Analytics … Improving Conversion 10 CENTRALIZED Customer Operations Technology CENTRALIZED Transactional Infrastructure: Financials / Order Management / Inventory Management

Opening Up Significant Opportunities in Travel Industry Leading Mobile Initiatives Drive Traffic and Revenue Expedia, Inc. Brands for Apple TM Watch Expedia, Inc. Leads the Way in Mobile Innovation The World Is Changing … PC-Connected Users 24 x 7 Mobile Users Brand Expedia App Enhancements More than 50% of Mobile Bookings 1 Completed within Two Days of Travel / Stay More than One in Five Room Nights        Booked on a Mobile Device Brand Expedia launched car rentals and activity bookings on the mobile app, plus now offers more “Pay Later” hotel options Brand Expedia, Hotels.com and Hotwire have each introduced new apps for Apple Watch 1 Based on Brand Expedia global bookings on a mobile phone and Hotels.com global bookings on a mobile device. 11

12 Significant Acceleration in the Advertising and Media Business ADVERTISING & MEDIA REVENUE $ Millions 2012 2013 2014 TTM 2Q15 ’12-’14 CAGR : 94.6% 2Q15 TTM YOY Growth: 27.0% Note: Reported numbers are net of any intercompany revenue 1 Controlling interest in trivago GmbH (”trivago”) acquired in March 2013 #1 hotel metasearch in Europe $124 $310 1 $469 $516

13 $33 $38 $48 $53 2012 2013 2014 TTM 2Q15 ’12-’14 CAGR: 21.1% 2Q15 TTM YOY Growth: 22.6% $804 $891 $1,051 $1,108 2012 2013 2014 TTM 2Q15 Consistent Financial Execution ADJUSTED EBITDA 1 ROOM NIGHTS $ Millions 103 120 150 172 2012 2013 2014 TTM 2Q15 REVENUE $ Billions $3.9 $4.6 $5.6 $6.0 2012 2013 2014 TTM 2Q15 1 Non-GAAP measure. See Appendix A for Non-GAAP to GAAP Reconciliation ’12-’14 CAGR: 19.5% 2Q15 TTM YOY Growth: 18.0% ’12-’14 CAGR: 14.3% 2Q15 TTM YOY Growth: 16.6% ’12-’14 CAGR: 20.3% 2Q15 TTM YOY Growth: 29.7% Millions GROSS BOOKINGS $ Billions

14 Solid Track Record of Disciplined            Capital Allocation FREE CASH FLOW 1 $495 $469 $618 $1,001 $455 $1,039 $924 2009 2010 2011 2012 2013 2014 TTM 2Q15 1 Non-GAAP measure, including eLong. See Appendix for Non-GAAP to GAAP Reconciliation. 2 Orbitz acquisition was announced in February 2015 and is pending regulatory approval. 3 Expedia acquired an additional 25% equity interest in the former joint venture in March 2015. 4 On May 22, Expedia sold its 62.4% ownership in eLong to a group of purchasers based in China $ Millions ’09-’14 CAGR: 16% SHARE REPURCHASES AND DIVIDENDS KEY TRANSACTIONS $489 $283 $397 $515 $537 $243 $79 $77 $130 $76 $85 $92 $0 $100 $200 $300 $400 $500 $600 2010 2011 2012 2013 2014 TTM 2Q15 Share Repurchases Dividends $ in Millions 3 4 2 2011 2012 2013 2014 2015

15 Investment Highlights A Leading Global Player in ~$1.3 Trillion Travel Market Significant Growth Opportunities Across Geographies Consistently Strong Financial Execution Technology Platform Innovation Driving Higher Conversion Success in Growing Mobile Channels A Growth Company High Growth Advertising & Media Business Rapid Expansion in Highly Fragmented Hotel Industry Supported by Multi-Product Offering Solid Track Record of Disciplined Capital Allocation

16 APPENDICES

17 Non-GAAP Definitions Adjusted EBITDA is defined as operating income plus: (1) stock-based compensation expense, including compensation expense related to certain subsidiary equity plans; (2) acquisition-related impacts, including (i) amortization of intangible assets and goodwill and intangible asset impairment, (ii) gains (losses) recognized on changes in the value of contingent consideration arrangements; and (iii) upfront consideration paid to settle employee compensation plans of the acquiree; (3) certain infrequently occurring items, including restructuring; (4) items included in Legal reserves, occupancy tax and other, which includes reserves for potential settlement of issues related to transactional taxes (e.g. hotel and excise taxes), related to court decisions and final settlements, and charges incurred, if any, for monies that may be required to be paid in advance of litigation in certain transactional tax proceedings; (5) gains (losses) realized on revenue hedging activities that are included in other, net; and (6) depreciation. The above items are excluded from our Adjusted EBITDA measure because these items are noncash in nature, or because the amount and timing of these items is unpredictable, not driven by core operating results and renders comparisons with prior periods and competitors less meaningful. We believe Adjusted EBITDA is a useful measure for analysts and investors to evaluate our future on- going performance as this measure allows a more meaningful comparison of our performance and projected cash earnings with our historical results from prior periods and to the results of our competitors. Moreover, our management uses this measure internally to evaluate the performance of our business as a whole and our individual business segments. In addition, we believe that by excluding certain items, such as stock-based compensation and acquisition-related impacts, Adjusted EBITDA corresponds more closely to the cash operating income generated from our business and allows investors to gain an understanding of the factors and trends affecting the ongoing cash earnings capabilities of our business, from which capital investments are made and debt is serviced.

$ Millions 2012 2013 2014 TTM 2Q15 Adjusted EBITDA excluding eLong $804 $891 $1,051 $1,108 eLong Adjusted EBITDA (1) (12) (27) (95) Adjusted EBITDA $803 $879 $1,025 $1,013 Depreciation (164) (212) (266) (292) Amortization of Intangible Assets (32) (72) (80) (95) Legal Reserves , Occupancy Tax  and Other (117) (78) (42) 19 Stock-Based Compensation (65) (130) (85) (110) Acquisition-related and Other - (10) - - Restructuring Charges - - (26) (36) Realized Loss (Gain) on Revenue Hedges 6 (11) (9) (35) Operating Income (Loss) $432 $366 $518 $464 Gain on Sale of Business - - - 509 Total Other Expense, Net (82) (65) (53) 28 Income (Loss) from Continuing Operations before Income Taxes 350 301 465 1,001 Provision for Income Taxes (47) (84) (92) (209) Income (Loss) from Continuing Operations 303 216 373 792 Discontinued Operations, Net of Taxes (23) - - - Net Income (Loss) 280 216 373 792 Net (Income) Loss Attributable to Noncontrolling Interests - 16 25 51 Net Income (Loss) Attributable to Expedia, Inc. $280 $233 $398 $842 Non-GAAP / GAAP Reconciliation: Adjusted EBITDA Note: Numbers may not sum due to rounding 18

19 Non-GAAP / GAAP Reconciliation: Free Cash Flow Note: Numbers may not sum due to rounding and include eLong $ Millions 2009 2010 2011 2012 2013 2014 TTM 2Q15 Cash provided by operations $574 $605 $826 $1,237 $763 $1,367 $1,564 Capital expenditures (79) (136) (208) (236) (309) (328) (640) Free cash flow $495 $469 $618 $1,001 $455 $1,039 $924 19