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Orbitz for Business Releases Second Quarter Business Travel Index

CHICAGO, Aug. 5, 2013 - During the second quarter of 2013, half of all air tickets were booked at least 14 days in advance and 98 percent of hotel rooms were booked for less than $168 per night, according to an Orbitz for Business analysis of business travel trends.

Booking airfare with at least 14 days notice gives travelers a wider range of available schedule options, while employers benefit from fares that are up to 36 percent less on average than tickets booked with three days advance notice or less.  Interestingly, while flights booked on short notice were clearly the most expensive option, the average fare in that category for the second quarter 2013 was down over 19 percent in a year-over-year comparison with the same period in 2012:

Advance Purchase* % Segments

Booked Q2 2013
Average Fare

Q2 2013
Average Fare

Q2 2012
Year-over-year Change
> 21 days 28% $197 $202 -2%
14-21 days 22% $208 $211 -1%
7-13 days 27% $240 $242 -1%
4-6 days 17% $296 $293 1%
0-3 days 6% $311 $385 -19%

*Travel booked without a Saturday stay

As compared to the second quarter of 2012 for domestic air travel, savings experienced by Orbitz for Business travelers beat the industry average last quarter, according to benchmarking analytics from Travel GPA. Orbitz for Business travelers saw a 4 percent decrease in the average ticket cost over the same timeframe of 2013, whereas industry-wide travelers saw a 3.5 percent decrease year-over-year. International air travel savings were significantly more robust as the average ticket cost decreased 6.3 percent year-over-year among Orbitz for Business travelers, while industry-wide there was a 3.1 percent decrease for international tickets on a year-over-year basis.

Travel bookings made using the Orbitz for Business mobile solution also remained strong in the second quarter, growing 67 percent overall compared to the same period of 2012. Looking at specific products, hotel rooms represented 59 percent of all bookings made using the mobile solution, while car rentals and airfare bookings accounted for 24 and 17 percent, respectively.

"We see a continuing trend of travelers adhering to travel management policies and initiatives that save their companies money," said Mark Walton, Orbitz for Business vice president of strategy and account management. "Orbitz for Business customers depend on our experience, expertise and innovative technology to provide a familiar booking experience across all devices, and we continue to deliver on that expectation. From booking to itinerary management to check in - and everything in between - we are encouraged to see travelers are demonstrating an increased reliance on our mobile solution at all stages of business travel."

Other notable findings include:

Hotel Tiers

During the second quarter 2013, Orbitz for Business customers saw hotel room costs that were up slightly or flat in a year-over-year comparison with the same period in 2012 - except in the Economy tier where rooms were 3 percent less expensive than in the second quarter:

Hotel Tier % Room Nights

Booked Q2 2013
Average Cost

Per Night, Q2 2013
Average Cost

Per Night, Q2 2012
Year-over-year Change
Luxury 2% $245 $241 2%
Upper Upscale 31% $167 $167 Flat
Upscale 29% $141 $139 1%
Upper Midscale 25% $118 $117 1%
Midscale 10% $103 $103 Flat
Economy 2% $84 $87 -3%

Top Cities

Chicago was the most common destination among Orbitz for Business customers traveling domestically, as 61 percent of the top five air segments ended at O'Hare International Airport:

Rank/City Pair % Segments Booked Average Fare per Segment
1. New York (LaGuardia) to Chicago (O'Hare) 24% $195
2. Atlanta to Newark 20% $286
3. Newark to Chicago (O'Hare) 19% $281
4. Dallas/Fort Worth to Newark 19% $341
5. Dallas/Fort Worth to Chicago (O'Hare) 18% $219

Chicago also ranked first in number of domestic hotel stays by Orbitz for Business travelers in the second quarter 2013, followed by New York, Houston, Denver and Atlanta:

Rank/City Average Cost per Stay Average Cost per Night
1. Chicago $424 $211
2. New York $678 $342
3. Houston $332 $165
4. Denver $276 $142
5. Atlanta $247 $140

Internationally, London was the most common destination among Orbitz for Business customers, with 64 percent of the top five air segments arriving at Heathrow Airport:

Rank/City Pair % Segments Booked Average Fare per Segment
1. New York (JFK) to London 26% $1,064
2. London to Chicago (O'Hare) 22% $1,231
3. Newark to London 20% $1,106
4. Boston to London 18% $1,268
5. Hong Kong to San Francisco 15% $1,317

London also ranked first in number of international hotel stays by Orbitz for Business travelers in the second quarter 2013, followed by Shenzhen, Dublin, Shanghai and Sao Paulo:

Rank/City Average Cost per Stay Average Cost per Night
1. London $1,162 $311
2. Shenzhen $824 $217
3. Dublin $541 $161
4. Shanghai $490 $162
5. Sao Paulo $1,222 $325

About Orbitz for Business

Orbitz for Business is the corporate travel brand of Orbitz Worldwide (NYSE: OWW).  Launched in 2002, Orbitz for Business offers a complete portfolio of global business travel products and services that help corporate customers plan, search and book travel. Orbitz for Business leverages Orbitz Worldwide technology, customized for corporate travelers. In addition to its leading technology, Orbitz for Business delivers full service, cost effective travel management solutions including 24/7 customer support; expense reporting and policy management tools; and comprehensive choice in travel inventory.

About Orbitz Worldwide
Orbitz Worldwide (NYSE: OWW) is a leading global online travel company that uses innovative technology to enable leisure and business travelers to search for, plan and book a broad range of travel products and services including airline ticketshotelscar rentalscruises, and vacation packages. Orbitz Worldwide owns a portfolio of consumer brands that includes Orbitz (www.orbitz.com), CheapTickets (www.cheaptickets.com), ebookers (www.ebookers.com) and HotelClub (www.hotelclub.com).  Also within the Orbitz Worldwide family, Orbitz Partner Network (www.orbitz.com/OPN) delivers private label travel solutions to a broad range of partners including many of the world's largest airlines, and Orbitz for Business (www.orbitzforbusiness.com) delivers managed travel solutions for corporations.

Orbitz Worldwide uses its Investor Relations website to make information available to its investors and the public at investors.orbitz.com. The public can sign up to receive email alerts whenever the company posts new information to the website.

SOURCE: Orbitz Worldwide

Media contacts:

Orbitz Worldwide

Tim Enstice
+1 312-894-4721
tim.enstice@orbitz.com


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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Orbitz Worldwide Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.