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When hotel rooms, airline seats, or rental cars go unsold, they are filled by travel companies through companies like Hotwire. Hotwire does not identify the participating companies until after the purchaser has paid so as not to directly compete with regular retail sales of the travel partners. This sales model is known as an "opaque".
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.
A couple of days prior to carrier departure/hotel check-in any unsold seats/rooms may be released back to the supplier if such an agreement exists between the two parties. An allotment release back period is also negotiated as part of the allotment contract (e.g. four days prior to check-in/departure).
If you're planning a last-minute trip, the HotelTonight app scans for unsold hotel rooms, starting the night of your search through the following week. The app also screens every hotel it features ...
“This can help you identify the most cost-effective times to travel. Additionally, make use of apps that offer last-minute deals on unsold hotel rooms or discounted tickets for local attractions.”
The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday. Rather than ...
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