Cendant Sticks With Knitting

HOTELS and accommodation will remain the cornerstone of Cendant’s regional consumer facing operations, according to Mike Nelson, Chief Operating Officer, Consumer Travel – International Markets, Cendant TDS.

Mr Nelson said Cendant’s online accommodation businesses – which claim either #1 or #2 position across major regional markets – currently take priority over the launch of the Orbitz retail brand in the Asia pacific.

“We are evaluating our plans for a full service Online Travel Agent model in Asia Pacific,” Mr Nelson said.

“But we will likely invest greater resources in our Sydney-based businesses – Hotel Club, Rates To Go and Asia Hotels.

“Those businesses have a lot of unrealized potential and are well positioned to capitalize on growth in the region.”

Meanwhile, Cendant is developing an international technology platform that will debut later this year.

“The international platform will first roll out to eBookers in the United Kingdom later this year and Orbitz next year,” Mr Nelson said.

“Remaining eBookers businesses will likely roll onto the new platform in 2007.

“We haven’t determined if or when the Hotel Club, Asia Hotels and Octopus Travel will roll onto the platform.”

Ends.

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