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The company was founded in 1997. It operates in more than 200 countries and territories around the world and has partnerships with over 400 airlines and 300,000 hotels. Users can search for travel deals and discounts on the website, and in the past also offered the "Name Your Own Price" feature to bid on hotel rooms and flights.
Hotwire is a travel website that offers airline tickets, hotel rooms, rental cars, and vacation packages. It operates by selling off unsold travel inventory at discounted prices. It operates by selling off unsold travel inventory at discounted prices.
Hotel discounts of 30-60% are typical, and bargains are stronger at a higher star hotel. While one has control over the dates and times of a travel itinerary, the downside is these purchases are absolutely non-refundable and non-changeable and, as noted above, the specific hotel or airline is not revealed until after purchase.
A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the years and may ...
Fare basis codes start with a letter called a fare code which almost always matches the booking class in which the reservation is booked. Example: Fare basis code WH7LNR tells us the following: W: I have a W booking class ticket (= Fare Code) H: It's a high-season ticket. 7: I have to book 7 days in advance. L: It's a long-haul flight.
In 2003, Rich Barton resigned as CEO and was replaced by Erik Blachford. [9]In December 2004, Dara Khosrowshahi was announced as CEO. [10]In March 2017, Chelsea Clinton was named to the board of directors of Expedia, with compensation of $45,000 a year in cash, plus $250,000 a year in stock vesting over three years.