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Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity, as well as a solution [buzzword] to lower airline distribution costs. Continental Airlines , Delta Air Lines , Northwest Airlines , and United Airlines , subsequently joined by American Airlines , invested a combined $145 million to ...
Expedia Group, Inc. is an American travel technology company that owns and operates travel fare ... Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets ...
In 2004, the company acquired Orbitz for $1.25 billion and Flairview Travel for $88 million. [2] [3] In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion. [2] [4] [5] [6] In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport. [1]
Orbitz Worldwide (NYSE: OWW) has been a major player in the online discount travel industry for years, competing with the likes of priceline.com and Expedia (NASDAQ: EXPE). The industry itself is ...
Kiichiro Sato/AP The shakeout in online travel continues. Expedia (EXPE) turned heads last week after announcing a $1.34 billion deal to acquire smaller rival Orbtiz Worldwide (OWW). Orbitz had ...
However, in digging deeper into the numbers, and taking valuation into consideration, which of Priceline.com , Expedia , and Orbitz. Skip to main content. 24/7 Help. For premium support please ...
Prior to its current ownership, the Trip.com domain name was used by Trip Software Systems from 1996 to 1998, Antoine Toffa from 1998 to 2000, Cendant from 2001 to 2003, Orbitz from 2009 to 2013, and Expedia from 2015 to 2016. [1] [2]
Source: Priceline Judging by recent reports from companies like TripAdvisor , Expedia , and Orbitz Worldwide , the online travel industry seems to be firing on all cylinders. Does this mean ...