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hotel.de Deploys Cendant’s JumpStart Web Services

Hamm/Frankfurt, Germany, 26.April 2004 — Hotel.de, a leading online hotel reservation service, and Cendant Travel Distribution Services (TDS), a division of Cendant Corporation (NYSE:CD), today announced an agreement to provide Hotel.de with access to TDS’ JumpStart Web Services technology. Hotel.de is the first client to implement JumpStart Web Services in Europe and realize the benefits of its cost-saving and inventory enhancing technology.
JumpStart Web Services will provide Hotel.de’s customers with access to information, rates and availability of more than 56,000 hotels, worldwide, including leading hotels such as the Accor Hotel Group (Mercure, Novotel, Sofitel, Dorint, IBIS), NH Hotels, Four Seasons, Kempinski Hotels & Resorts, Mövenpick Hotels, Supranational Hotels.

“With JumpStart in place, our clients can access an additional 8,000 new hotels at some of the most competitive package rates in all parts of the world. TDS’ JumpStart Web Services is a cost-effective and reliable product that provides access to the mostup-to-date rates and availability, otherwise only available through multiple channels,“ said Reinhard Wick, Chief Operating Officer, hotel.de.

”We’re delighted to work together with Hotel.de and provide them with one of the largest content databases in the industry. With the growing competition in Europe, Jumpstart is focused on providing tour operators and online travel retailers, like hotel.de, with customized and controllable connectivity solutions to suppliers’ inventories in a manner that substantially increases the efficiency of the transaction process, yet reduces the distribution costs for all parties,” said Ken Esterow, executive vice president of Supplier Services for Cendant Travel Distribution Services Division.

About JumpStart Web Services
JumpStart Web Services provides tour operators and online travel retailers with highly flexible connectivity and transactional capabilities to one of the largest content databases in the travel industry through one single channel. Using the latest XML interfaces, Jumpstart significantly reduces the cost of distribution by integrating clients’ multiple distribution and CRS systems, and eliminating the need for certain programming, telecommunications and manual processing expenses. Additionally, JumpStart Web Services provides access to 56,000 hotels, 24 car rental companies, nearly 500 airline companies and all major cruise lines.

About Cendant Travel Distribution Services Division
Cendant Corporation’s (NYSE: CD) Travel Distribution Services Division is one of the world’s largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing nearly 5,000 people in more than 116 countries, includes: Galileo, a leading global distribution systems (GDS) company, serving more than 43,000 travel agencies and over 60,000 hotels; hotel distribution and services businesses (Trust, THOR, WizCom, Neat Group); leading travel agencies (CheapTickets.com, Lodging.com, HotelClub.com and RatesToGo.com); Shepherd Systems, an airline market intelligence company; Travelwire, an international travel technology and software company; Travel 2/Travel 4, a leading international provider of long-haul air travel and travel product consolidator; and Travelport, a provider of online global corporate travel management solutions.

About hotel.de
Hotel.de is a leading online hotel reservation service. Via hotel.de, customers book about 130.000 hotels worldwide as well as book hotel package offers at discount room rates. hotel.de is operated by the German company hotel.de AG and has offices in both Hamm and Nuremberg, Germany. Between April 1998 and October 2001, hotel.de was a joint venture between Atrada Trading Network AG and the hotel marketeer Intergerma GmbH & Co. Established as an independent company in 2001, hotel.de has been extending its online content very successfully ever since and is today a leading hotel reservation service.

Contact
Cendant Travel Distribution Services
Alice Zöllner, Christiane Seelgen – Corporate Marketing
Tel:+49 (0)69 6 65 64 607 • e-mail: press@trustinternational.com
www.cendant.com
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