Profile: Orbitz Worldwide Inc (OWW.N)
19 Dec 2014
Orbitz Worldwide, Inc., incorporated on June 18, 2007, is a global online travel company (OTC) that uses technology to enable leisure and business travelers to research, plan and book a range of travel products and services. The Company's brand portfolio includes Orbitz, CheapTickets, and the Away Network in the Americas, ebookers in Europe and HotelClub and RatesToGo based in Australia, which have operations globally. The Company also owns and operates Orbitz for Business, a corporate travel company, and Orbitz Worldwide Distribution group delivers private label travel solutions to a range of partners. The Company provides customers with the ability to book a travel products and services from suppliers globally, including air travel, hotels, vacations packages, car rentals, cruises, travel insurance and destination services, such as ground transportation, event tickets and tours. The Company's brand portfolio is consists of Orbitz, CheapTickets, the Away Network, ebookers and HotelClub. In February 2014, the Company announced that it has acquired certain assets and contracts of the Travelocity Partner Network which provides private label travel technology solutions for bank loyalty programs and online commerce sites.
Orbitz.com is OTC Websites that enables travelers to search for and book a travel products and services, including flights, hotels, car rentals, cruises, and vacation packages. Orbitz.com is the online travel sites globally. The Matrix Display displayed fares and makes its consumers to compare flights, rental cars and vacation packages. Orbitz Price Assurance applies when a customer books an airline ticket or hotel stay on Orbitz and another customer subsequently books the same airline ticket or hotel stay on Orbitz for a lower price.
Orbitz.com offers Insider Steals, a weekly, members-only flash sale that provides exclusive deals of 50% or more off the rates of handpicked hotels in top destinations around the world, as well as Mobile Steals, which are exclusive hotel deals of up to 50% off in the destinations around the world, available to mobile consumers at m.orbitz.com, as well as through the full suite of Orbitz mobile applications. In addition to using the Orbitz.com Website, customers can also book travel products on Orbitz from their mobile devices through the Company's applications for the iPhone, iPad and Android, as well as on its mobile Website (m.orbitz.com).
The Company’s CheapTickets ( www.cheaptickets.com ) is a United States travel Website that focuses on value-conscious customers. CheapTickets offers customers the ability to search for and book a range of travel products and services, including air travel, hotels, car rentals, cruises, travel insurance and destination services, from suppliers globally on a standalone basis or as part of a vacation package. Customers can also book travel products from their mobile devices through a mobile Website (m.cheaptickets.com). In addition, CheapTickets offers value-oriented promotions, such as Members Only Prices flash sales and Cheap of the Week, which provide customers with special travel offers on a weekly basis.
The Away Network
The Away Network is a series of travel content Websites that include Away.com ( www.away.com ), Trip.com ( www.trip.com ), AdventureFinder ( www.adventurefinder.com ), GORP.com ( www.gorp.com ) and Lodging.com (www.lodging.com). The Away Network helps travelers choose their next vacation destination and plan their trip by offering ideas and recommendations customized to their specific travel interests, such as adventure, family or romance trips. Supported by advertising sales and sponsorships, the Away Network provides a blend of professionally-edited articles, features, micro-sites and consumer-driven reviews. These Websites also provide search capabilities for users who want to find travel choices online as well as contact information for a number of tour operators.
ebookers ( www.ebookers.com ) is a pan-European online travel agency that offers customers the ability to search for and book a range of travel products and services through Websites in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, the Netherlands, Norway, Sweden, Switzerland and the United Kingdom. Customers can book travel products and services, including airline tickets, hotel rooms, car rentals and travel insurance, on a standalone basis or as part of a vacation package. ebookers also offers customers the ability to book a range of travel products from their mobile phones through the Company's mobile Website (m.ebookers.com) and the ability to book hotels through the Hotels by ebookers App for iPhone, Android and iPad.
HotelClub is a global online accommodation community. The Company Websites includes HotelClub.com and RatesToGo.com and offers services in fifteen languages, including Simplified Chinese, Traditional Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish and Thai. HotelClub also offers its customers the ability to book through mobile devices through an iPhone and iPad App.
Orbitz for Business
Orbitz for Business ( www.orbitzforbusiness.com ) offers a portfolio of travel products and services that help corporate customers plan, search for and book business travel. Orbitz for Business leverages and customizes the Company's technology platform for corporate travelers. In addition to its technology, Orbitz for Business delivers service, travel products and travel management solutions, including around-the-clock support for Orbitz for Business customers, and expense reporting and policy management tools. Orbitz for Business also offers a mobile solution that allows business travelers to search for and book flights, hotels and car rentals directly from any Web-enabled smartphone through its mobile Website (m.orbitzforbusiness.net).
Orbitz Worldwide Distribution Group
The Company offers third parties, such as airlines and hotel partners, a range of private label solutions, ranging from the building and hosting of custom Websites to supplying content feeds with availability and rate data to partners' Websites. The Company licenses its technology and business services to these partners, and using its technology, these partners are able to provide a range of travel products on their Websites under their own brands. The Company pays commissions to its third party partners based on the revenue generated by their Websites.
The Company generates advertising revenue by providing its partners access to its customer base through a combination of display advertising, performance-based advertising, video production and other marketing programs. Travel companies, convention and visitor bureaus, credit card partners, media, packaged goods and other non-travel advertisers all advertise on the Company's Websites.
Orbitz Worldwide Inc
Suite 1000, 500 W. Madison Stree
CHICAGO IL 60661