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Howard Marks

Orbitz Worldwide & Travelport: Ups & Downs

2011-10-21 by Phil Butler

Orbitz and Travelport, playing the shell game.

Travelport and Orbitz are in the positive and negative news again today. Travelport for any number of announcements of business dealings, and Orbitz for a very negative S & P rating they just received. Since it was announced that Travelport needed to restructure its dept, it seems as if neither of these online travel giants can catch a break.

Tags: Blackstone, Blackstone's Stephen A. Schwarzman, Bookings, CNET, credit rating, Evercore, flights, Gavin Baiera, Hilton, hotels, Howard Marks, Institutional Investor, market, Oaktree Capital, OTA's, Reuters, S & P, Standard & Poor's, Stephen Schwarzman, stock market, Wall Street

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Stories of Interest

Greek sunset

Dutch Tourists in Greece: Exploring and Enjoying Their Holidays

2023-09-28 By Manuel Santos

Griekenland.net, a platform dedicated to promoting tourism since 2001, conducted a study to determine the preferences of Dutch tourists during their holidays.

Magnesia weather

Breaking News: Sakis Arnaoutoglou on Elias Storm in Magnesia

2023-09-28 By Victoria Udrea

Sakis Arnaoutoglou expressed astonishment at the devastation experienced in such a short time since Storm Elias hit Greece. In a Facebook post, he highlighted the data indicating that Volos, a city in Magnesia (one of the regional units of Greece, part of Thessaly), has already received about 30 times the average amount of rainfall for […]

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