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,[2] 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.[3] It is now owned by Remark Holdings,[4] the publicly traded company formerly known as Remark Media.[5]

Vegas.com LLC
TypePrivate company
IndustryOnline Commerce
Hotel booking
Travel booking
Ticketing
Founded1998 (1998)
Headquarters,
USA
Key people
Howard Lefkowitz was the original CEO and built the company to the national brand it eventually became.[1]
RevenueNot disclosed
Not disclosed
Number of employees
Not disclosed
Websitewww.vegas.com

History

www.Vegas.com was previously operated by The Las Vegas Sun, a newspaper distributed in Las Vegas.[6] In 2005, in a Chicago Tribune article, Vegas.com was ranked among the 50 most popular travel websites.[6]

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."[7] 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.[8]

Souvenir stores

The company also operates five souvenir stores in Las Vegas, in partnership with Marshall Retail Group.[9]

See also

References

  1. "VEGAS.com: About: Press: CEO sells Las Vegas online". www.vegas.com. Archived from the original on 2018-02-24.
  2. Yancey, Kitty Bean (December 10, 2004). "Vegas poised to raise the stakes in new year". USA Today. Retrieved 16 November 2013.
  3. Stutz, Howard (November 28, 2012). "Las Vegas Sun parent realigns management". Las Vegas Review Journal. Retrieved 16 November 2013.
  4. "VEGAS.COM | Remark Holdings". www.remarkholdings.com. Retrieved 2017-10-25.
  5. Inc., Remark Holdings. "Remark Media Announces Name Change to Remark Holdings, Inc". www.prnewswire.com. Retrieved 2017-10-25.
  6. Frommer, Arthur (September 11, 2005). "50 most popular travel sites have hidden gems". Chicago Tribune. Retrieved 16 November 2013.
  7. Inc., Remark Media. "Remark Media Acquires Online Travel Destination Vegas.com". www.prnewswire.com. Retrieved 2017-10-25.
  8. http://www.washingtontimes.com, The Washington Times. "Remark Media buys Vegas.com for $15.5 million plus stock". The Washington Times. Retrieved 2017-10-25.
  9. "Inside Business: Vegas.com, partner open souvenir shops". Las Vegas Review Journal. May 21, 2008. Retrieved 16 November 2013.

Further reading

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