VEGAS.com: Difference between revisions
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|type=[[Private company]] |
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|key_people= Howard Lefkowitz was the original CEO and built the company to the national brand it eventually became. |
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|industry=[[E-commerce|Online Commerce]]<br/>Hotel booking<br />Travel booking<br/>Ticketing |
|industry=[[E-commerce|Online Commerce]]<br/>Hotel booking<br />Travel booking<br/>Ticketing |
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Vegas.com was previously operated by ''[[The Las Vegas Sun]]'', a newspaper distributed in Las Vegas.<ref name=CT>{{cite news | url=http://articles.chicagotribune.com/2005-09-11/travel/0509100237_1_web-sites-popular-travel-travel-agents | title=50 most popular travel sites have hidden gems | newspaper=[[Chicago Tribune]] | date=September 11, 2005 | access-date=16 November 2013 | author=Frommer, Arthur}}</ref> In 2005, in a ''Chicago Tribune'' article, Vegas.com was ranked among the 50 most popular travel websites.<ref name=CT/> |
Vegas.com was previously operated by ''[[The Las Vegas Sun]]'', a newspaper distributed in Las Vegas.<ref name=CT>{{cite news | url=http://articles.chicagotribune.com/2005-09-11/travel/0509100237_1_web-sites-popular-travel-travel-agents | title=50 most popular travel sites have hidden gems | newspaper=[[Chicago Tribune]] | date=September 11, 2005 | access-date=16 November 2013 | author=Frommer, Arthur}}</ref> In 2005, in a ''Chicago Tribune'' article, Vegas.com was ranked among the 50 most popular travel websites.<ref name=CT/> |
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In 2015, Las Vegas-based Remark Holdings (then known as Remark Media) acquired Vegas.com with the goal of making it the "go-to booking destination for new millennial travelers."<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/remark-media-acquires-online-travel-destination-vegascom-300130517.html|title=Remark Media Acquires Online Travel Destination Vegas.com|last=Inc.|first=Remark Media|website=www.prnewswire.com|language=en|access-date=2017-10-25}}</ref> Remark Media paid a reported $15.5 million in cash and $9.5 million in stock, with $10 million in future stock options and up to $3 million depending on Vegas.com's performance in the following three years.<ref>{{Cite news|url=http://www.washingtontimes.com/news/2015/aug/20/vegascom-bought-for-155-million-plus-stock-by-rema/|title=Remark Media buys Vegas.com for $15.5 million plus stock| |
In 2015, Las Vegas-based Remark Holdings (then known as Remark Media) acquired Vegas.com with the goal of making it the "go-to booking destination for new millennial travelers."<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/remark-media-acquires-online-travel-destination-vegascom-300130517.html|title=Remark Media Acquires Online Travel Destination Vegas.com|last=Inc.|first=Remark Media|website=www.prnewswire.com|language=en|access-date=2017-10-25}}</ref> Remark Media paid a reported $15.5 million in cash and $9.5 million in stock, with $10 million in future stock options and up to $3 million depending on Vegas.com's performance in the following three years.<ref>{{Cite news|url=http://www.washingtontimes.com/news/2015/aug/20/vegascom-bought-for-155-million-plus-stock-by-rema/|title=Remark Media buys Vegas.com for $15.5 million plus stock|newspaper=The Washington Times|access-date=2017-10-25|language=en-US}}</ref> |
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==Souvenir stores== |
==Souvenir stores== |
Revision as of 22:14, 12 September 2022
Company type | Private company |
---|---|
Industry | Online Commerce Hotel booking Travel booking Ticketing |
Founded | 1998 |
Headquarters | , United States |
Key people | Howard Lefkowitz was the original CEO and built the company to the national brand it eventually became. |
Website | www.vegas.com |
VEGAS.com, LLC is a destination-specific Online Travel Agency (OTA) founded in 1998 and headquartered in Las Vegas, Nevada. VEGAS.com provides extensive travel content and books discounted travel products including hotel rooms,[1] air-hotel packages, show tickets, tours, dining, golf, and other activities exclusively for the Las Vegas destination. VEGAS.com was one of The Greenspun Corporation's family of companies.[2] It is now owned by Remark Holdings,[3] the publicly traded company formerly known as Remark Media.[4]
History
Vegas.com was previously operated by The Las Vegas Sun, a newspaper distributed in Las Vegas.[5] In 2005, in a Chicago Tribune article, Vegas.com was ranked among the 50 most popular travel websites.[5]
In 2015, Las Vegas-based Remark Holdings (then known as Remark Media) acquired Vegas.com with the goal of making it the "go-to booking destination for new millennial travelers."[6] Remark Media paid a reported $15.5 million in cash and $9.5 million in stock, with $10 million in future stock options and up to $3 million depending on Vegas.com's performance in the following three years.[7]
Souvenir stores
The company also operates five souvenir stores in Las Vegas, in partnership with Marshall Retail Group.[8]
See also
References
- ^ Yancey, Kitty Bean (December 10, 2004). "Vegas poised to raise the stakes in new year". USA Today. Retrieved 16 November 2013.
- ^ Stutz, Howard (November 28, 2012). "Las Vegas Sun parent realigns management". Las Vegas Review-Journal. Retrieved 16 November 2013.
- ^ "VEGAS.COM | Remark Holdings". www.remarkholdings.com. Retrieved 2017-10-25.
- ^ Inc., Remark Holdings. "Remark Media Announces Name Change to Remark Holdings, Inc". www.prnewswire.com. Retrieved 2017-10-25.
{{cite web}}
:|last=
has generic name (help) - ^ a b Frommer, Arthur (September 11, 2005). "50 most popular travel sites have hidden gems". Chicago Tribune. Retrieved 16 November 2013.
- ^ Inc., Remark Media. "Remark Media Acquires Online Travel Destination Vegas.com". www.prnewswire.com. Retrieved 2017-10-25.
{{cite web}}
:|last=
has generic name (help) - ^ "Remark Media buys Vegas.com for $15.5 million plus stock". The Washington Times. Retrieved 2017-10-25.
- ^ "Inside Business: Vegas.com, partner open souvenir shops". Las Vegas Review-Journal. May 21, 2008. Retrieved 16 November 2013.
- Sharkey, Joe (October 28, 2003). "Business Travel: On The Road; A Web Site That Can Handle Most Problems in Las Vegas". The New York Times. Retrieved 16 November 2013.
- Sharkey, Joe (October 31, 2006). "Staying Close to the Heart and Spectacle of Las Vegas". The New York Times. Retrieved 16 November 2013.
- Sharkey, Joe (December 5, 2006). "Memo Pad". The New York Times. Retrieved 16 November 2013.
Further reading
- Wyland, Scott (February 16, 2010). "Decision pits county against city on '.vegas'". Las Vegas Review-Journal. Retrieved 16 November 2013.
- Wyland, Scott (February 16, 2010). "County backs vegas.com for Web domain". Las Vegas Review-Journal. Retrieved 16 November 2013.
- Spillman, Benjamin (March 31, 2008). "Vegas.com partners with Mexico.com". Las Vegas Review-Journal. Retrieved 16 November 2013.