NEW CENDANT TDS RESEARCH REVEALS TRAVEL BUYING BEHAVIOR OF SMALL TO MEDIUM–SIZE COMPANIES IN ASIA-PACIFIC
Provides Insight into the Potential of Online Booking Tools for SMEs
Cendant Travel Distribution Services (TDS), a division of Cendant Corporation (NYSE: CD), today announced the results of research undertaken in Asia-Pacific, to determine the travel buying behavior of small to medium-sized companies (SMEs).
About Cendant Travel Distribution Services
Cendant Corporation’s (NYSE: CD) Travel Distribution Services Division, is one of the world’s largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing nearly 9,000 people in approximately 140 countries, includes: a leading (GDS) global distribution system (Galileo), serving more than 50,000 travel agencies and over 60,000 hotels; hotel distribution and services businesses (Neat Group?, THOR?, TRUST and WizCom?); leading online travel agencies (Asia-hotel.com, CheapTickets?, ebookers.com?, HotelClub.com, Lodging.com, Orbitz?, RatesToGo.com, and The Away Network); an airline market intelligence company (Shepherd Systems); an international travel technology and software company (Travelwire); a leading international provider of long-haul air travel and travel product consolidator (Travel 2?/Travel 4?); online global corporate travel management solutions (Orbitz for Business? and Travelport?); and a leading wholesaler and global online provider of hotels, destination services, travel packages and group tours (Gullivers Travel Associates, OctopusTravel.com? and Travel Bound, Inc.). About MarketShare
MarketShare is an independent market research firm with offices and affiliates across the world. Our mission is to help clients gain profitable market share through understanding consumer behavior, competition, local regulations and changing market dynamics. We assist our clients in making decisions that profit. We work with the senior management teams of Fortune 500 companies and high-growth companies to help achieve superior returns on investment. In 2003 our research supported over US$ 1 billion in investments and marketing decisions in Asia Pacific. For media enquiries:
Linda Ho (APAC) Cendant Travel Distribution Services Steve Lovato/G.E. Mead Incentive Dynamics (S) Pte. Ltd.
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