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Trip.com Group Limited is a multinational online travel agency (OTA). It is one of the largest travel service providers in the world. [3]Founded in 1999, the company owns and operates several travel fare aggregators and travel fare metasearch engines, including namesake and flagship Trip.com, Skyscanner, CTrip, Qunar, Travix, and MakeMyTrip. [2]
Etraveli Group was founded in 2007. [8] [9] The name Etraveli was first used in 2007 when Seat24 and SRG Online (Svenska Resegruppen) merged.[10] [11] [12] [13]In 2015, Etraveli Group was acquired by ProSiebenSat.1 Media and placed under its investment subsidiary 7Travel for €235 million.
MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. [2] Founded in 2000, the company provides online travel services including airline tickets , domestic and international holiday packages, hotel reservations, rail and bus tickets. [ 3 ]
In airline reservation systems, a record locator is an alphanumeric code used to identify and access a specific record on an airline’s reservation system. An airline’s reservation system automatically generates a unique record locator whenever a customer makes a reservation or booking, commonly known in the industry as an itinerary.
Each airline will create their own booking record with a unique record locator, which, depending on service level agreement between the CRS and the airline(s) involved, will be transmitted to the CRS and stored in the booking. If an airline uses the same CRS as the travel agency, the record locator will be the same for both.
The price for each sold seat is determined by a combination of the fares and booking conditions stored in the Fare Quote System,. In most cases, inventory control has a real time interface to an airline's yield management system to support a permanent optimization of the offered booking classes in response to changes in demand or pricing ...
When a reservation is confirmed, the airline keeps a record of the booking in its computer reservations system. Customers can print out or may be provided with a copy of a e-ticket itinerary receipt which contains the record locator or reservation number and the e-ticket number. It is possible to print multiple copies of an e-ticket itinerary ...
A Reservation Against Cancellation (RAC) is a type of ticket that can be sold for travel on the Indian Railways. Although it ensures certainty of travel, it does not guarantee a berth . A berth will be allocated to the ticket who reserves an RAC ticket if passengers who already have a confirmed ticket do not board before the train departure or ...