Amadeus, the leading technology provider for the global travel industry, and Orbitz Worldwide (NYSE: OWW), a leading global online travel company which uses technology to transform the way consumers around the world plan and purchase travel, today announced the two companies have entered into a new multi-year agreement.
Under the new agreement, Amadeus will deliver its industry-leading technology and global distribution system services to support Orbitz brands in North America. Additional terms of the agreement were not disclosed.
“As part of our decision to move to a multi-GDS strategy and after in-depth review of provider options, we are delighted to be working with Amadeus in North America. We look forward to incorporating their technology and innovation to maintain our edge as the best online and mobile sites to buy travel,” said Chris Orton, Chief Operating Officer, Orbitz.com.
Orbitz Worldwide focuses on using innovative technology to enable leisure and business travelers to search for, plan and book a broad range of travel products and services including airline tickets, hotels, car rentals, cruises, and vacation packages. The Orbitz portfolio includes online consumer travel brands known worldwide, including Orbitz.com and CheapTickets.com in North America, ebookers.com in Europe and HotelClub.com, based in Asia Pacific with global operations.
“We couldn’t be more pleased and excited about our new partnership with Orbitz. This agreement to serve Orbitz needs in North America is further testament to Amadeus’ significant investment and focus on delivering the global reach and technology services that are critical to the largest online travel agencies,” said Holger Taubmann, Senior Vice President, Distribution, Amadeus IT Group.
Worldwide, Amadeus has achieved and continues to expand its leading position in serving the needs of online travel companies by providing them with technology and services that help ensure they attract more traffic, better convert selling opportunities and optimize the consumer experience for the end traveler.
Additionally in the North American market, Amadeus has built a dedicated team of experts and regionally focused technology solutions to serve the specialized needs of established and emerging online travel companies.
“We look forward to our new partnership with Orbitz in North America and providing them with the advanced technology and services that help them continue their success and ability to serve travelers,” said Scott Gutz, President and CEO, Amadeus North America. “This new agreement is a major milestone for Amadeus in North America. It supports our unique investment and dedicated focus in the online travel sector and our overall expanding footprint in the region.”
About Orbitz Worldwide
Orbitz Worldwide (NYSE:OWW) is a leading global online travel company using technology to transform the way consumers around the world plan and purchase travel. Orbitz Worldwide operates the consumer travel planning sites Orbitz (www.orbitz.com), ebookers (www.ebookers.com), HotelClub (www.hotelclub.com) and CheapTickets (www.cheaptickets.com). Also within the Orbitz Worldwide family, Orbitz Partner Network (www.orbitz.com/OPN) delivers private label travel technology solutions to a broad range of partners including some of the world`s largest airlines and travel agencies, and Orbitz for Business (www.orbitzforbusiness.com) delivers managed travel solutions for companies of all sizes. Orbitz Worldwide makes investor relations information available at investors.orbitz.com.
Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, etc.), travel sellers (travel agencies and websites), and travelbuyers (corporations and travel management companies).
The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organizations globally.
The group operates a transaction-based business model. For the year ended December 31, 2012 the company reported revenues of €2,910.3million and EBITDA of €1,107.7 million.
Amadeus is listed on the Spanish Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35 index.