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Hotels.com was established in 1991 by David Litman and Robert Diener as the Hotel Reservations Network (HRN), providing hotel booking via a toll-free phone number in the United States. [2] In 2001, the company was acquired by USA Networks Inc (USAI) which also acquired a controlling interest in Expedia, an online travel booking company.
An itinerary may be entered into the system by a passenger, travel agent or airline employee. The record locator typically appears on the itinerary provided to the passenger, and may be described as a confirmation number, reservation number, confirmation code, booking reference, booking code, or vendor locator, or other description, depending ...
In September 2003, IAC/InterActiveCorp, which had acquired Expedia in 2001, announced its acquisition of Hotwire.com for $663 million. [7] In 2004, an internet research firm estimated that through cross-advertising between Hotwire and Expedia, IAC was able to reach a total of an additional 1.5 million unique visitors to both websites monthly. [8]
Allotments can be negotiated between a tour operator and a travel service supplier such as airline company/hotel chain, or between two travel organizers such as a tour operator and a retail travel agent. Either way the buyer needs to prove a consistent level of business, because allotments are hardly granted without any previous sales history. [2]
Travelocity.com is an online travel agency owned by the American Expedia Group.It has 12.4 million monthly unique visitors, making it the third most popular website owned by Expedia Group, after Expedia.com and Hotels.com.
In 1994, Travelweb.com launched as the first online directory of hotels. [50] In 1995, Internet Travel Network sold the first airline ticket via the World Wide Web. [50] In October 1996, Expedia.com, funded with hundreds of millions of dollars by Microsoft launched as the first large online travel agency. [47]
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.
A mirror image of the passenger name record (PNR) in the airline reservations system is maintained in the GDS system. If a passenger books an itinerary containing air segments of multiple airlines through a travel agency, the passenger name record in the GDS system would hold information on their entire itinerary, while each airline they fly on would only have a portion of the itinerary that ...