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To Talk of Many Things

The time has come the walrus said . . .

Petty Thugs

Petty Thugs. In all the election chaos (and I do mean chaos)
we shouldn't lose sight of what the fundamental issues are. For me, the
core issue is that the Bush administration continues to act like a gang of petty thugs, accountable to no one. We're supposed to be the beacon of freedom to the world — where did we lose sight of that? [Kevin Schofield's Weblog]

Published October 24, 2004By Vince Kimball
Categorized as News

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Oligopoly brief: Cendant

Cendant is becoming a dominant force in the travel industry in the US and in Europe. Cendant is a name made up in 1998, a modish name with the “-ant” or “-ent” ending typical of that era (Viant, Scient, Versient). It was originally named HFS Inc. Curiously HFS once owned, spun the company off, then Cendant brought it back in 2002.

During the 1990s Cendant grew rapidly through acquisitions in key travel and property areas. It skirmishes its risk by being a major franchisor.

The Cendant empire is a major player in a number of areas. It is the largest hotel/motel franchisor in the world. It has 6,400 locations under such names as Days Inn, Super 8, Ramada, Travelodge, and others. In addition, the company owns Avis and Budget auto rental companies (together 3,800 locations across the world) It has a major online travel presence (to be expanded greatly by the
planned acquisition of Orbitz

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