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Slide #12. Orbitz Worldwide — Travelocity Partner Network Assets
Orbitz Worldwide (OWW)
Travelocity Partner Network Assets
Orbitz Worldwide (NYSE:OWW) announced today 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. The operations of the Travelocity Partner Network will be integrated into the Orbitz Partner Network.
Orbitz Worldwide is an online travel company that uses technology to enable leisure and business travelers to research, plan and book a range of travel products and services including hotels, flights, vacation packages, car rentals, cruises, travel insurance, destination services and event tickets. Co.'s brand portfolio includes Orbitz and CheapTickets in the U.S.; ebookers in Europe; and HotelClub, which focuses on the Asia Pacific region. Co. also owns and operates Orbitz for Business, which is a corporate travel management company, and the Orbitz Partner Network, which delivers private label travel solutions to a range of partners.
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Hold (1.67 out of 4)
(ranked lower than approx. 55% of all stocks covered)
Based on Zacks ABR data;
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