DALLAS, Sept. 22, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring online travel company Orbitz Worldwide Inc. (NYSE:OWW). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Orbitz Worldwide Inc. (NYSE:OWW) should be of particular interest to other online travel companies: priceline.com Inc. (Nasdaq:PCLN), Expedia Inc. (Nasdaq:EXPE), Travelzoo Inc. (Nasdaq:TZOO) and Ctrip.com International Ltd. (Nasdaq:CTRP).

The full report is available at: http://www.stockpreacher.com/n/OWW

Orbitz Worldwide Inc. (OWW) is a global online travel company that uses technology to enable leisure and business travelers to search for and book a range of travel products. The Company's brand portfolio includes Orbitz (www.orbitz.com); CheapTickets (www.cheaptickets.com); the Away Network (www.away.com); Orbitz for Business (www.orbitzforbusiness.com) in the Americas; ebookers (www.ebookers.com) in Europe; HotelClub (www.hotelclub.com); and RatesToGo (www.ratestogo.com), based in Sydney, Australia, which has operations globally.

In the report, the analyst notes:

"The Company has articulated hotel as being the play for 2009 and beyond, and has prioritized its entire technology plan accordingly. OWW took some significant initial steps toward improving its hotel offering during the quarter by drastically cutting booking fees on hotels around the world and by launching two industry-leading innovations: Total Price hotel search results and Orbitz Hotel Price Assurance. Thus, OWW is now the only major online travel company to show base rate, taxes and fees, and total price per night upfront on the initial search results page.

"In 2009, the Company intends to cut operating and capital costs by $40 million to $45 million in cash on an annual run rate basis. OWW also expects to continue to realize significant savings from focusing on the productivity of its e-marketing spending. For example, in the second quarter of 2009, marketing expenses fell 34% as the Company relied less on search engines to bring in buyers and made an effort to attract more non-paid traffic. The ongoing focus on marketing efficiency and the considerable incremental volume it has seen to-date as a result of the air bookings fee removal, give OWW the flexibility to sustain these actions."

To read the entire report visit: http://www.stockpreacher.com/n/OWW

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