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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 aggregators and ... Orbitz: Travel Agency $ 1.6 billion [38] [39 ...
CheapTickets is an online travel services company focusing on the leisure market, offering airline tickets, hotel and vacation rentals, rental cars, customized vacation packages, and cruises. CheapTickets was a wholly owned subsidiary of Orbitz Worldwide, Inc., and with Expedia Inc.'s purchase of Orbitz, it is now a subsidiary of Expedia Group.
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 ...
Expedia announced it would consolidate its loyalty programs across all its brands, including, Vrbo, Hotels.com, Travelocity and Orbitz. The new program will span flights, hotels, vacation rentals ...
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 ...
In 2016, Gogobot, a travel booking and research company founded by entrepreneurs Travis Katz and Ori Zaltzman in 2010, acquired the Trip.com brand from Expedia and rebranded the service as Trip.com. [3] In November 2017, Ctrip acquired Trip.com. [4] At that time, Trip.com had more than 60 million users. [5] [6]
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]