Search results
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses.
Jan 17, 2007 · Former Cendant Corp. Chairman Walter Forbes was sentenced Wednesday to 12 years and seven months in prison and ordered to pay $3.275 billion in restitution for leading the largest accounting...
- NBC Universal
- The History of Cuc International
- The History of Hospitality Franchise Systems
- The 1997 Merger
- Overcoming The Scandal in The New Millennium
- Principal Subsidiaries
- Further Reading
In the mid-1990s, CUC International Inc. offered individual consumers access to various services and discounts related to shopping, travel, insurance, automobiles, dining, vacationing, credit cardenhancement packages, and various discount and coupon programs. The company offered its services primarily through memberships to clubs and programs. Ente...
In the mid-1990s, Hospitality Franchise Systems, Inc., (HFS) was the world’s largest hotel franchiser, as measured by number of rooms and properties. Its chief franchise systems included Days Inns, Ramada, Howard Johnson, Super 8, Park Inns, and Village Lodges. It also engaged in the gambling industry and offered various lodging-related fee service...
During 1996, HFS and CUC began courting the idea of a merger. According to a 1997 Journal of Business Strategy article, both companies held beliefs that “merging will allow them to exploit their customer databases more fully, adding an estimated $250 million in annual incremental pretax earnings to their combined balance sheet over the next few yea...
Silverman pledged to restore shareholder confidence in Cendant, not only to boost the company’s image, but that of his own. Having spent most of his career as a highly regarded and well respected businessman in financial circles, Silverman spent most of 1999 and 2000 re-establishing Cendant as a leading consumer services firm. During 2000, the comp...
Cendant Mobility; Cendant Mortgage; Century 21; Coldwell Banker; Coldwell Banker Commercial; ERA; AmeriHost Inns& Suites; Avis; Days Inn; Fairfield Communities; Howard Johnson; Knights Inn; Phh Arval; Ramada; Resort Condominiums International; Super 8; Travelodge; Villager Lodge; Wingate Inn; Wright Express; AutoVantage; Benefit Consultants Inc.; C...
Adams, Bruce, “Cendant’s Moves Reinforce its Internet Strategies,”Hotel & Motel Management, March 6, 2000, p. 1. Braue, Marilee Laboda, “N.J. Hotel Giant Always Has Room for More,” Record,January 7, 1993, Bus. Sec. “Cendant Settles Class Action Suit,” United Press International,December 8, 1999. “CUC to Roll Out Shoppers Adventures,” ADWEEK Eastern...
Nov 29, 2016 · Cendant Corporation, the name of the merged organizations, is led by HFS founder Henry Silverman. The new company combines HFS travel and hotel holdings with CUC’s direct marketing business. Holdings include Avis Car Rental, Howard Johnson, Days Inn, and Ramada.
Oct. 24, 2005, 4:47 AM PDT / Source: The Associated Press. Cendant Corp., owner of the Orbitz travel Web site and several hotel and real-estate brands, will split itself into four separate...
In March 2001, Cendant Corporation purchased all of the outstanding shares of Avis Group Holdings and later that year moved its world headquarters to Parsippany, NJ. In 2006, Cendant Corp. separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc., which is now the parent company of Avis Car ...
Oct 23, 2005 · NEW YORK, Cendant Corporation ( NYSE:CD) today announced that its Board of Directors has approved a plan to separate Cendant into four independent, publicly traded, pure-play companies – one...
People also ask
What happened to Cendant Corporation?
What is Cendant Corporation?
Is Cendant a pure-play company?
When did Cendant Corporation buy Avis Group Holdings?
