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Orbitz Worldwide also owns and operates Orbitz for Business, a corporate travel company. [ original research? Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity , as well as a solution [ buzzword ] to lower airline distribution costs.
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Orbitz: Travel Agency $ 1.6 billion [38] [39] September 28, 2015: Mizuho Finances Corp Travel Agency $ 14,200,000 [40] November 4, 2015 HomeAway: Holiday Rental Service $ 3.9 billion [41] [42] October 25, 2018 Pillow Short-Term Rental Management — [43] October 25, 2018 ApartmentJet Short-Term Rental Management — [44] August 22, 2019 ...
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Kayak was founded in January 2004 by Steve Hafner and Paul M. English. [6] [7] Before Kayak, Steve Hafner, Kayak's current CEO, helped found Orbitz in November 1999 and led its business development, advertising sales, marketing, and product marketing activities.