Orbitz is an online travel agency that was acquired by Expedia in 2015 for $1.3 billion. It launched in 2001 and grew through several acquisitions between 2004-2007 before being acquired by Expedia. Orbitz filed for an IPO in 2003 but was later acquired by Cendant. It provides consumers an easy, visual, and efficient way to research, plan, and book vacation packages that include flights, hotels, cars, activities and cruises using their website and mobile apps.

1. Transforming the Way People Travel

2. Interesting Facts
* Acquired by Expedia in Sep. 2015 for
$1.3 billion in CASH

3. History - Rapid growing online travel industry
1999: A group of leading U.S. airlines.
2001: Official Launch
2004: Acquisition
2005 - 2007: MORE Acquisitions
2015: EVEN MORE Acquisitions

4. IPO, Sales
2003 Aug.: Filed an IPO. lost $5.3 million in first half of 2003
2003 Nov.: $22 and $24 per share
2003 Dec.: $26/share. The airlines held 70% stock and over 90% voting power
2004 Sep.: Acquired by Cendant for $27.5 per share
2005 - 2006: Acquired Travelport (in debt), travel distribution service business
for ~$4.3B in CASH $$$$$$$
2007: Available for trading

5. Technologies
Fast
Easy
Visual
Efficient
CHEAP

6. Products
Vacation Packages
● Flight
● Hotel
● Car
● Activities
● Cruises
“ A web site used to research, plan and
book travel. ” - Wikipedia

7. Revenue

8. Competitors
+

9. Competitors

10. FUTURE
MORE acquisitions?
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Data Mining/ Machine Learning

11. Thank you