Hints and tips:
...Mr Bhutani, a nine-year veteran of Expedia, most recently served as president of Brand Expedia Group where he oversaw the online travel company’s brands including Travelocity and Orbitz....
...With bigger resources at its disposal, Orbitz could become a force with which to be reckoned. Email the Lex team at lex@ft.com...
...Tweet the Lex team @FTLex or email on lex@ft.com...
...Mr Steinitz himself has written about and photographed his visits to more than 50 countries and helped to build Away.com, later sold to Orbitz....
...Its major competitors are Travelocity, Orbitz and Priceline.com....
...Yet Orbitz has ramped up spending on conventional marketing since Mr Truwit joined the company from rival travel website Priceline.com last year....
...The company said it was considering selling its two travel divisions, Orbitz and Cheaptickets.com, to pay down debt....
..., Galileo International and Orbitz travel services....
...The deal, which followed Cendant's recent $1.25bn acquisition of Orbitz, the second largest travel site in the US, caused shares in Lastminute.com, a rival to Ebookers, to rise 15 per cent....
...The all-cash deal lifts the number of recent Cendant purchases to three after the acquisitions of Orbitz, the US online travel shop, and Ebookers, the European travel web site....
...Orbitz.com has about 20m customers registered to use its online travel booking site. Analysts expect online travel sales to exceed $50bn in the next five to six years....
...The group, the largest internet travel operator with brands such as Expedia and Hotels.com, has been linked with a bid for Lastminute.com, the online leisure site floated by Martha Lane Fox and Brent Hoberman...
...Cendant, the travel and property services company that owns Avis and Budget, is on the acquisition trail and recently announced it was in talks to buy Orbitz.com, the online travel company founded by five...
...Although Cendant already owns Cheap Tickets and lodging.com, it has faltered in gaining market share in online travel....
...150m ($272m) while Active Hotels, a European online hotel booking service, was recently acquired by Priceline.com, a US internet travel shop, for about ?90m....
...On the same day, IHG announced that it would sever ties with Expedia and hotels.com, both owned by InterActiveCorporation....
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