CENDANT has confirmed it is to split into four separate divisions, and lose its current name. The separate sections will cover travel distribution, hospitality, vehicle rental and real estate and be up and running by summer 2006. The travel division will include timeshare subsidiary RCI, Galileo, Gullivers Travel Associates, Orbitz, ebookers, OctopusTravel.com and English Country Cottages. Hospitality will cover nine hotel brands including Days Inn, Ramada, Howard Johnson and Wyndam. Vehicle rental will cover Avis in the US, Canada, Australia and New Zealand and Latin America/Caribbean and Budget Rent A Car.
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