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EaseMyTrip is an Indian multinational online travel company, headquartered in New Delhi.It was founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti.The company provides hotel bookings, air tickets, domestic and international holiday packages, bus bookings, and white-label services.
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 ...
Many with complex offerings include some sort of search engine technology to look for bookings within a certain timeframe, service class, geographic location, or price range. Online travel agencies Travel agency websites selling travel and tourism services. Fare aggregators and metasearch engines
The MARS-1 train ticket reservation system was designed and planned in the 1950s by the Japanese National Railways' R&D Institute, now the Railway Technical Research Institute, with the system eventually being produced by Hitachi in 1958. [6] It was the world's first seat reservation system for trains. [7]
MakeMyTrip Limited is an Indian online travel company, which was founded in 2000. [2] Its headquarter is located in Gurugram, Haryana, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets.
Fare construction refers to the application of fares which can cover the flights in the reservation, necessary to price the air ticket for issuance. It is commonly presented as a single line with standardized codes [7] which can be used for travel agents to price the ticket in global distribution systems. For example, a fare construction may say:
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 ...
[12] [13] For Internet tickets (I-tickets), while the booking is done online, physical tickets are sent to the customer through post. [12] Reserved tickets may be booked up to 60 days in advance and confirmed reservation tickets will show the passenger and fare details along with berth or seat number(s) allocated to them on the ticket.