Cendant Corporation - CD- Profile

Cendant Corporation. The Group's principal activities are classified into 5 business segments: Real estate services, Hospitality, Travel Distribution, Vehicle Services and Financial Services. Real Estate Services segment franchises 3 residential and one commercial real estate brokerage businesses of the CENTURY 21 (r), Coldwell Banker (r), Coldwell Banker Commercial (r) and ERA (r) brands. Hospitality segment operates the Days Inn-Registered Trademark. Travel Distribution segments provides global distribution and computer reservation services to airlines, hotels, car rental companies and other travel suppliers. Vehicle Services segment operates and franchises our Avis (r) and Budget (r) vehicle rental businesses. Financial Services segment provides enhancement packages to financial institutions and insurance-based products to consumers. Real estate services accounted for 33% of 2002 revenues; Vehicle Services, 30%; Hospitality, 16%; Travel Distribution, 12% and Financial Services, 9%.