Ads
related to: unsold hotel rooms website builder- Free Website Builder
Build Your Own Free Website
User-Friendly, Design a Site Online
- 100s of Free Templates
Choose One and Start Designing Now
Intuitive Drag & Drop Customization
- Get Started
Create Your Own Website
User-Friendly, Get Online Instantly
- Build a Blog Site
Discover 100s of free layouts &
set up your blog website instantly.
- Business Landing Page
Build a high-converting home
page for your business website.
- Wix Logo Maker
Design your unique business logo
Get inspired & start creating!
- Free Website Builder
Search results
Results From The WOW.Com Content Network
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.
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".
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).
Builders surveyed by John Burns Research and Consulting said they had an average of about 2.5 unsold homes in each of their communities in October, representing a 47% increase from a year ago.
As a consequence, there was a pricey hotel reservation that could not be made and cancelled without significant fees. [ 7 ] Roomer raised $2 million from the BRM Group, and the Waze co-founder, Uri Levine whose co-founded company acquired by Google for $1 billion, sits on the board of Roomer. [ 7 ]
Room Key exited beta and fully launched in May 2012. [20] Best Western joined Roomkey a few days after it launched. [13] In September 2012, Room Key added La Quinta Inns & Suites, Millennium & Copthorne Hotels, and Leading Hotels of the World as commercial partners. [6] Carlson Rezidor Hotel Group was added as a commercial partner in November 2012.
Online hotel reservations are a popular method for booking hotel rooms. Travellers can book rooms on a computer by using online security to protect their privacy and financial information and by using several online travel agents to compare prices and facilities at different hotels.
LateRooms.com was launched in Salford, Greater Manchester, in 1999 by brothers Steven, Paul, Tony Walsh and Chris Allen The site originally started as a simple directory listing hotels, but in 2002 moved to enable users to book hotels online (some hotels require a telephone booking through LateRooms.com).
Ads
related to: unsold hotel rooms website builderdomains.squarespace.com has been visited by 10K+ users in the past month
trivago.com has been visited by 100K+ users in the past month