San Francisco, CA (PRWEB) September 19, 2012
Hipmunk, the most comprehensive travel site, today announced that Robert L. Crandall has joined the board as an independent. Hipmunk, which raised a $15M Series B round of financing in June, now has five total board members including Crandall, Hipmunk co-founders Adam Goldstein and Steve Huffman, Brad Silverberg of Ignition Partners and Todd Chaffee of Institution Venture Partners (IVP). Previously, Crandall served as CEO of AMR Corp and American Airlines for 25 years.
"We are thrilled to have Bob join us. He is a brilliant businessman, and his innovation and leadership at American Airlines have made him a legend in the airline industry,” said Adam Goldstein, CEO and co-founder of Hipmunk. "He brings a deep understanding of company operations, finances, and importantly an understanding of supplier distribution. Bob will help us generate value for our partners and users.”
During his tenure at American Airlines, Crandall sponsored a project to modernize American's SABRE computer reservations system, laying the groundwork for what eventually became The SABRE Group, now a leading provider of computing and communications services for airlines throughout the world. Crandall also created Super Saver fares, introducing the concept of deep discounts for advance-purchase tickets and led the development of the industry's first yield management system, a revenue-maximizing approach now used throughout the airline industry. Crandall also pioneered the industry’s first frequent flyer program by creating AAdvantage.
“I am looking forward to working with Adam and Steve, both of whom have distinguished themselves in the rapidly changing world of e-commerce,” said Crandall. “As travel and tourism continues to grow, Hipmunk will give consumers a more comprehensive way to access their many options.”
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Hipmunk is the most comprehensive travel site offering more travel options, more accommodations and all the available prices. Users can find less agonizing flights with the innovative flight search “Agony” sort, as well as the best hotels and home rentals with the hotel search “Ecstasy” sort.
Hipmunk is one of TIME Magazine’s “50 Coolest Websites,” TIME Magazine’s “50 Best Smartphone Apps,” Travel + Leisure’s “Best Websites of 2012,” and “Best Websites of 2011,” Budget Travel’s “Top 10 Most Useful Websites,” and Inc.’s “Best Booking Website.” Co-founders Adam Goldstein and Steve Huffman were named to Bloomberg BusinessWeek’s “Top Tech Entrepreneurs,” Forbes “30 Under 30” and Inc.’s “30 Under 30” lists. The company launched in 2010, is based in San Francisco, and has funding from Ignition Partners, Institutional Venture Partners, Y Combinator, SV Angel, Webb Investment Network, Quest Hospitality Ventures, and several angel investors.
For more information, to book your next flight or hotel, and to download the iOS or Android application, please visit http://www.hipmunk.com