More Than 5,500 Hotels Now Use 'OrbitzConnect' for Instantaneous Updates, Lowering Their Costs and Improving Consumer Informatio
22 Juin 2004 - 6:45PM
PR Newswire (US)
More Than 5,500 Hotels Now Use 'OrbitzConnect' for Instantaneous
Updates, Lowering Their Costs and Improving Consumer Information
and Choice CHICAGO, June 22 /PRNewswire-FirstCall/ -- More than
5,500 properties in the Orbitz Merchant Hotel program now use the
"OrbitzConnect" seamless booking channel -- making it easier and
more cost-effective for these hotels to work with Orbitz and
improving the information and breadth of choice available to
consumers. "By using our OrbitzConnect technology, hotels eliminate
the labor- intensive need to fax reservation confirmations,
reducing their operating costs and making it more attractive to
send merchant hotel inventory to Orbitz. As a result, we can offer
a larger selection of OrbitzSaver(TM) discount hotel rates," said
John Samuel, Orbitz' executive vice president of consumer travel.
"We've also made it easier for hotels to update amenity information
and room descriptions on our site. Orbitz now has seamless
connections to more than 13,000 properties, making it the largest
such network of any major online travel site." OrbitzConnect is a
virtual pipeline between Orbitz and the central reservations
systems of its partners in the fast-growing Orbitz Merchant Hotel
program, offering these hotels a more flexible approach to managing
online inventory. The technology is used to instantaneously
register Orbitz merchant hotel reservations in the hotels' systems,
update room rates and provide other hotel information on
Orbitz.com. OrbitzConnect is particularly valuable to hotel chains
with higher volumes and centralized reservation systems, because
reservations can be seamlessly communicated and automatically
verified without human intervention. Orbitz currently provides
OrbitzSaver rates on about 15,500 properties through the Orbitz
Merchant Hotel and Travelweb programs. Orbitz.com displays merchant
and published rates at more than 65,000 resorts, independent hotels
and brand name chains worldwide. About Orbitz Orbitz (NASDAQ:ORBZ)
is a leading online travel company that enables travelers to search
for and purchase a broad array of travel products, including
airline tickets, lodging, rental cars, cruises and vacation
packages. Since launching its website to the general public in June
2001, Orbitz has become the third largest online travel site based
on gross travel bookings. On http://www.orbitz.com/ , consumers can
search more than 455 airlines, as well as rates at over 65,000
lodging properties and at 23 car rental companies. Orbitz, Inc.
became a publicly traded company on Dec. 17, 2003, when its shares
were listed on the Nasdaq National Market under the ticker symbol
ORBZ. For more information on the company, visit
http://www.orbitz.com/ . Statements in this press release regarding
Orbitz that are not historical facts are forward-looking statements
and are subject to risks, assumptions and uncertainties that could
cause such statements to differ materially from actual future
events or results. Any such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. The following factors, among others,
could cause Orbitz' actual results to differ materially from those
described in a forward-looking statement: Orbitz' ability to retain
and attract customers on a cost-effective basis; increasing
competition from existing or new competitors; relationships with
Orbitz' controlling stockholders and with other travel suppliers;
limitations that could affect the expansion of our Supplier Link
business; risks relating to our ability to expand our business
generally; specific risks that could affect our ability to achieve
growth plans for portions of our business, such as hotels; rapid
technological change affecting our industry; risks associated with
litigation or government regulation; declines, disruptions or
events affecting the travel industry; potential fluctuations in our
quarterly and annual results. This list is intended to identify
only certain of the principal factors that could cause actual
results to differ. Readers are referred to the reports and
documents filed from time to time by Orbitz with the Securities and
Exchange Commission for a discussion of these and other important
risk factors. Readers are cautioned not to place undue reliance on
forward-looking statements, which are made as of the date of this
press release. Orbitz undertakes no obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or any other reason. DATASOURCE: Orbitz
CONTACT: Media, Maryellen Thielen, +1-312-894-4815, , or Investors,
Frank Petito, +1-312-894-4830, , both of Orbitz Web site:
http://www.orbitz.com/
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