Operates Internet travel sites.
500 West Madison Street
Chicago IL 60661
CEO: Barney Harford
Stock symbol: OWW
Orbitz is a leading online travel company
offering leisure and business travelers a wide selection of low
airfares, as well as deals on lodging, car rentals, cruises,
vacation packages and other travel.
Orbitz lets customers book flights at many top airlines, more than 80,000 hotels worldwide and 13 rental car brands. Orbitz search results are presented in an easy-to-use matrix that displays a vast array of travel options.
The company's brands include Orbitz, CheapTickets and the Away Network in the Americas; ebookers in Europe; and HotelClub and RatesToGo, based in Sydney, Australia, with operations globally.
Also within the Orbitz Worldwide family, Orbitz Partner Network delivers
private label travel technology solutions to a broad range of partners including some of the world`s largest airlines and travel
agencies, and Orbitz for Business delivers managed travel solutions for companies of all sizes.
In 2013, the company reported revenues of $847.0 million, a 9% increase, with net income of $165.1 million compared to a loss from the previous year. Gross travel bookings were $11.4 billion, a 2% increase.
Orbitz was originally started in 2000 when
five major airlines - American, Continental, Delta, Northwest
and United - came together to fulfill a mission: Develop a travel
website that would serve people better. The site launched on
June 4, 2001.
Orbitz, Inc. was a publicly traded company
on the Nasdaq National Market under the ticker symbol ORBZ from
December 2003 through November 2004.
On November 12, 2004, Orbitz was acquired
by Cendant's Travel Distribution Services division, as part of
the Consumer Travel Americas group. Cendant has agreed to sell
its travel distribution services subsidiary, now known as Travelport
Inc. to an affiliate of The Blackstone Group, marking the prominence
of Travelport Inc. as one of the world's largest and most geographically
dispersed companies in the $6 trillion global travel industry.
Orbitz went public in July 2007 and sold 34 million shares at $15 per share.
- Business casual dress
- State-of-the-Art office environment
- Pre-tax transportation program
- Discounted health club membership
Updated February 13, 2014