Michael McCormick

Managing Partner, Hudson Crossing LLC
WHEN: Wednesday, November 14, 2007 at 3:15 pm - 3:55 pm
TOPIC: Taking on the Big Guys

Mr. Michael W. McCormick is an accomplished senior executive who has successfully launched, funded, bought, sold, and led companies in the travel, search and media space. During the past two years, Mike funded and launched a successful advisory business which inspired him to form Hudson Crossing. In Mike’s most recent corporate role, he served as executive vice president of Cendant’s Hospitality & Leisure Group, where as business unit leader, he was responsible for the strategic direction and execution of the global hospitality business for Cendant Travel Distribution Services (TDS), now operating under the name of Travelport and recently acquired by The Blackstone Group. With brands that included Orbitz, Cheaptickets and Galileo, Mike was instrumental in designing and implementing strategies which resulted in the development of an industry-leading merchant hotel database of over 30,000 hotels and top line revenues that grew to $3 billion. In addition, Mike was President of multiple brands including Lodging.com, THOR and TRUST International as part of an innovative “end-to-end” hospitality strategy. As part of that strategy, Mike initiated and led Cendant’s acquisition of TRUST International, which has now become the global leading reservation service for luxury hotel brands. Prior to his tenure at Cendant, Mike was the COO of PhoCusWright, the premier online travel industry research and advisory firm where he led the effort to increase overall company sales by 85% as well as exceeding all performance targets for client retention. Prior to this role, Mike was president of Biztravel.com, whose investors included Comcast and Hummer Winblad, and led a successful effort to sell the assets of Biztravel.com to Rosenbluth International, one of the world’s largest travel agencies at the time. Rosenbluth was also Mike’s first employer where he was responsible for building a global Supplier Relations organization and establishing a global alliance of agencies. Rosenbluth was subsequently acquired by American Express. Mike holds a Bachelors of Administration in Finance from University of Notre Dame.