More strategic moves by Expedia Inc as it invests $270 million in South American online travel agencies Decolar and Despegar.
The investment will give Expedia a minority stake of about 20% in the Decolar parent company.
It will comprise a primary and secondary injection and will be accounted for a cost basis at Expedia Inc.
The deal comes as part of the expansion of an existing agreement between the pair which has been in place since 2002.
Under the terms of the new partnership, alongside the equity investment, Decolar will provide Expedia will access to its hotel supply in Latin America.
Expedia Inc president and CEO, Dara Khosrowshahi, says:
"Decolar is a clear online travel leader in the highly attractive Latin American market.
"We are incredibly excited to grow our exposure to customers in Latin America through our investment, and to power Decolar's growing outbound lodging demand through our global supply team."
The investment in Decolar comes almost a month to the day on from Expedia snapping up rival US online travel agency Orbitz for $1.6 billion.
It is just $10 million less than the amount paid by Expedia get its hands on the assets of Travelocity in January this year.
Decolar CEO Roberto Souviron says:
"Partnering with Expedia gives our customers access to differentiated international hotel supply.
"Decolar customers will be able to access more hotels at even better prices around the world. Having one of the leading global players as a shareholder will surely help us continue expanding the reach and quality of our services."
The company was created in 1999.
South and Latin America has become the latest region of the world to grab the attention of the giants elsewhere around the global online travel sector.
Both Skyscanner and Kayak have cast their eye over its bounty in recent years in the world of metasearch, attempting to challenge the likes of Mundi and Voopter.