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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.
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Ticket scalpers (or ticket touts in British English) work outside events, often showing up with unsold tickets from brokers' offices on a consignment basis or showing up without tickets and buying extra tickets from fans at or below face value on a speculative basis hoping to resell them at a profit. There are many full-time scalpers who are ...
An opaque inventory is the market of selling unsold travel inventory at a discounted price. The inventory is called "opaque" because the specific suppliers (i.e. hotel, airline, etc.) remain hidden until after the purchase has been completed. This is done to prevent sales of unsold inventory from cannibalizing full-price retail sales.
By Kelli B. Grant, SmartMoney The next time you book a connecting flight, keep your cellphone at hand with the ringer as loud as it'll go - you could get a call for a cheap up-sell on a direct fare.
As anyone who’s ever traveled by plane knows, airline ticket prices can fluctuate significantly depending on when you buy them. Purchasing tickets around certain holidays or special events can ...
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