Key Takeaways. Expedia and Orbitz are part of the same company, but their two rewards programs are distinct and have key differences.
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Orbitz.com is a travel fare aggregator website and travel metasearch engine. The website is owned by Orbitz Worldwide, Inc., a subsidiary of Expedia Group. It is headquartered in the Citigroup Center, Chicago, Illinois.
(NASDAQ: EXPE) today announced that it has completed its acquisition of Orbitz Worldwide, Inc., including all of its brands and assets, for US$12.00 per share in cash, representing an enterprise value of approximately US$1.6 billion.
Orbitz is a site that is very similar to Expedia, in that it allows for the booking of travel accommodations such as airline flights, hotels, car rentals, cruises, and vacation packages.
Expedia and Travelocity websites are very similar to each other, and beyond their similarity, they are also easy to use and navigate. Both websites are quite user-friendly for booking your accommodation or flight alone. You can also choose your stay, flight, and activities and make your own packages.
Expedia Inc.changed its name Monday to Expedia Group Inc. “to better reflect the global nature of our business, more clearly articulating who we have become and who we aspire to be,” Expedia CEO Mark Okerstrom said in a statement.
Expedia Group, Inc. is an American travel technology company that owns and operates travel fare aggregators and travel metasearch engines, including Expedia.com, Hotels.com, Vrbo, Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets, CarRentals.com, Expedia Cruises, Wotif, and Trivago.
In many cases, Expedia can offer flight tickets cheaper than the airlines. Because third-party services often get a bulk discount, they can sell their flight deals for less than the average ticket prices.