Hotel Reservations Network (NASDAQ: ROOM), the largest specialized provider of discount lodging worldwide, today announced that the Company is changing its name to Hotels.com, effective immediately.
The Company?fs new global brand name will now become its official company name. Its Class A common shares will continue to trade on NASDAQ under the stock symbol ROOM.
“There is extraordinary power in the name hotels.com,?h stated Bob Diener
, president of Hotels.com
. ?gWe believe that over a relatively short period of time, the name hotels.com will become a well-recognized consumer brand name. When people need discount hotel rooms, we expect that they will turn increasingly to hotels.com.?h
David Litman, chairman and CEO of Hotels.com added, ?gWe intend to fully utilize the strength of our new brand as a way to differentiate our company from the rest of the online travel sector. Our new company name, Hotels.com, underscores our position as the largest and most successful specialized provider of discount hotel accommodations worldwide.?h
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