Expedia sees earnings boost in 2016 despite demand hit from Paris attacks

(Reuters) – Expedia Inc on Wednesday forecast a rise in 2016 earnings in part from recent acquisitions, pushing shares up even though the company warned that the Nov. 13 Paris attacks hurt travel demand and its fourth-quarter profit fell below analysts’ estimates.Expedia, the world’s largest online travel services company by bookings, said it expects a 35 percent to 45 percent boost in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for 2016, wh