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Orbitz Worldwide also owns and operates Orbitz for Business, a corporate travel company. [ original research? 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.
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It operates by selling off unsold travel inventory at discounted prices. The company is headquartered in San Francisco, CA, Hotwire, Inc. is an operating company of the Expedia Group, which also operates the website ClassicVacations, Expedia, Hotels.com, Orbitz, Travelocity and Egencia. [1] [2]
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]
In 2003, Rich Barton resigned as CEO and was replaced by Erik Blachford. [9]In December 2004, Dara Khosrowshahi was announced as CEO. [10]In March 2017, Chelsea Clinton was named to the board of directors of Expedia, with compensation of $45,000 a year in cash, plus $250,000 a year in stock vesting over three years.
The Google Flights team recently analyzed five years' worth of data – from August 2017 to August 2022 – to find out the best time to book a flight and other times airfare deals are at their best.
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