Orbitz' Supplier Link and Low Distribution Costs Help Travel Suppliers and Their Customers Reduce Costs
25 Agosto 2004 - 10:33PM
PR Newswire (US)
Orbitz' Supplier Link and Low Distribution Costs Help Travel
Suppliers and Their Customers Reduce Costs CHICAGO, Aug. 25
/PRNewswire-FirstCall/ -- "As suppliers take steps to reduce their
costs of selling travel, Orbitz is continuing to make available the
benefits of its low-cost distribution model to businesses and
travel agents, as well as suppliers," Orbitz Chief Technology
Officer Christopher Hjelm said today. Orbitz' Supplier Link
Technology, launched two years ago, was designed in response to
suppliers' growing desire for lower distribution costs. Orbitz
charges a $4 flat fee per ticket processed through Supplier Link.
In comparison, airlines typically pay about $12.50 to $14 for each
ticket processed through other booking systems. Orbitz has become a
leader in providing low-cost direct connections to airlines and one
of the leaders in seamless electronic connections for hotels.
Currently, six U.S. airlines use Orbitz' Supplier Link, and
additional carriers are in the implementation phase. More than
5,500 hotel properties use OrbitzConnect, a seamless hotel booking
channel. "Orbitz' technology solutions, such as Supplier Link, are
the key to sustaining low distribution costs in the future. And our
low distribution costs are the key to offering customers more
choices and the widest possible selection of low fares and rates,"
Hjelm said. "Travel agents can keep their costs low by taking
advantage of 'Orbitz economics' and joining our Premier Affiliate
Program," Hjelm said. "Likewise, businesses can reap the benefits
by booking their travel through Orbitz for Business, a full-service
travel management program offering a highly attractive $5 per
ticket fee." Orbitz' proven technology currently processes more
direct connection air transactions than any other online travel
agency. Supplier Link transactions represented 40 percent of
Orbitz' air transactions in the first half of 2004. Alaska
Airlines, American Airlines, America West Airlines, Continental
Airlines, Northwest Airlines and US Airways have all implemented
Orbitz' Supplier Link. 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 22 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 news 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; technical and
operational issues, such as journey control restrictions, that
result from changes in travel suppliers' distribution methodologies
that could affect our results; 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 news 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:
Carol Jouzaitis, +1-312-894-4774, , or Maryellen Thielen,
+1-312-894-4815, , both of Orbitz Web site: http://www.orbitz.com/
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