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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".
In March 2018, Trip.com launched its car rentals service, spanning over 6,000 cities. [9] In June 2018, airport transfer bookings were launched on Trip.com's Hong Kong and English sites, initially covering more than 200 cities in 55 countries. [10] In July 2019, Trip.com expanded the reach of its car rental service in four major language ...
Orbitz: Travel Agency $ 1.6 billion [38] [39] September 28, 2015: Mizuho Finances Corp Travel Agency $ 14,200,000 [40] November 4, 2015 HomeAway: Holiday Rental Service $ 3.9 billion [41] [42] October 25, 2018 Pillow Short-Term Rental Management — [43] October 25, 2018 ApartmentJet Short-Term Rental Management — [44] August 22, 2019 ...
Orbitz Worldwide also owns and operates Orbitz for Business, a corporate travel company. [ original research? Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity , as well as a solution [ buzzword ] to lower airline distribution costs.
Kayak was founded in January 2004 by Steve Hafner and Paul M. English. [6] [7] Before Kayak, Steve Hafner, Kayak's current CEO, helped found Orbitz in November 1999 and led its business development, advertising sales, marketing, and product marketing activities.
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