Cendant WizCom: business up 30%

Wednesday, 05 Nov, 2004 0

WizCom International announced a nearly 30% increase in transaction volume for the third quarter of 2004 compared to last year.

WizCom, a subsidiary of Cendant Corporation, develops connectivity technologies for the hotel and car rental industries.

The company says the increase is directly related to hotel clients’ widespread adoption of WizCom’s enhanced ‘next generation seamless’ connectivity to all global distribution systems. Also cited as reasons: WizCom’s introduction of a new central reservation system (CRS) buffering solution, Hotel Cache.

With the WizCom Switch, a company is able to connect its CRS to all major GDSs without the issues and costs associated with direct interfaces to each GDS separately, according to the company.

This provides both hotel and car rental companies with maximum market penetration and global distribution, supplying seamless connectivity to thousands of travel agents worldwide.

 

Report by David Wilkening



 

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