Overall, Expedia reported a profit of $257.1 million, or $1.94 a share, up from $170.9 million, or $1.43 a share, a year earlier. Excluding stock-based compensation and other items, earnings rose to $1.94 from $1.22 cents. Revenue jumped 22% to $1.71 billion, bolstered by a 29% growth in advertising and media. Expedia has launched a bid to acquire Wotif.com Holdings Ltd. , one of Australia’s largest online travel agencies, a deal that would bolster Expedia’s business in the Asia-Pacific region. That deal remains under regulatory review. The travel industry is under pressure as new players, from referral sites that search multiple sites to startups that offer unpublished discounts and stays in apartments and spare rooms. Travel websites responded by offering discounts and loyalty programs. Last year, Expedia joined forces with rival Travelocity. Get the full story at Investors.com and Expedia