Expedia Inc. (NASDAQ:EXPE) shares were down following the company’s Q4 earnings report for 2014.

Expedia posted Q4 2014 profits of $66 million. This is down from the $95 million it reported during the same time last year. The drop in profits comes as the company’s affiliate in China faces increasing losses. It also saw lower revenue from rooms for each night travelers stayed, reports The Wall Street Journal.

Expedia’s earnings per share for the fourth quarter of 2014 was 50 cents. This is a far cry from the $1.01 earnings per share that analysts were expecting from the travel company, Reuters notes.

Expedia has also been facing increased competition from other travel services. Websites like Kayak (NASDAQ:KYAK) and Hipmunk are pulling customers away from typical travel-booking services by collecting the cheapest prices online under one roof, reports WSJ.

EXPE shares were down 11% as of Friday afternoon.

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