Vegas.com

VEGAS.com

VEGAS.com

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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]

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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

  1. [1]
    Yancey, Kitty Bean (December 10, 2004). "Vegas poised to raise the stakes in new year". USA Today. Retrieved 16 November 2013.
  2. [2]
    Stutz, Howard (November 28, 2012). "Las Vegas Sun parent realigns management". Las Vegas Review-Journal. Retrieved 16 November 2013.
  3. [3]
    "VEGAS.COM | Remark Holdings". www.remarkholdings.com. Retrieved 2017-10-25.
  4. [4]
    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)
  5. [5]
    Frommer, Arthur (September 11, 2005). "50 most popular travel sites have hidden gems". Chicago Tribune. Retrieved 16 November 2013.
  6. [6]
    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)
  7. [7]
    "Remark Media buys Vegas.com for $15.5 million plus stock". The Washington Times. Retrieved 2017-10-25.
  8. [8]
    "Inside Business: Vegas.com, partner open souvenir shops". Las Vegas Review-Journal. May 21, 2008. Retrieved 16 November 2013.

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