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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.
One of the pioneers of web-based disintermediation, Travelocity.com was the first website that allowed consumers the ability to purchase travel tickets without the help of a person. [2] In addition to airfares, the site also permits consumers to book hotel rooms, rental cars, cruises and packaged vacations. [3]
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.
Classic Custom Vacations [note 1] Travel agency $ 78,000,000 [20] July 11, 2002: Metropolitan Travel Travel agency — [21] October 28, 2002: Newtrade Technologies Reservation software — [22] April 5, 2004: Activity World Travel and touring — [23] April 12, 2004: Egencia Travel agency — [24] July 15, 2008: Venere.com: Hotel Booking Engine ...
Contiki Greek Island Hopping Package. Cost: 11 days from $2,295. Travel broadens the minds and spirits of young people, and through a special relationship between Costco and Contiki, a worldwide ...
Priceline announced in May 2015 that it would invest an additional $250 million in Chinese online travel company Ctrip to tap the fast-growing China market. [12] Priceline officially ended its Name Your Own Price deals for flight bookings in 2016, [13] rental cars in 2018 [14] and hotels in 2020. [15]