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Nowadays, online travel agents have pictures of hotels and rooms, information on prices and deals, and even information on local resorts. Many also allow reviews of the traveler to be recorded with the online travel agent. Online hotel reservations are also helpful for making last minute travel arrangements. Hotels may drop the price of a room ...
In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. [15] In the same month, it invested $5 million in a startup called Bona Vita. [16] In January 2016, the China-based travel booking company Ctrip agreed to invest $180 million in MakeMyTrip. [17]
In April 2012, it became the second-largest online travel service in India, with a 30 percent share of the ₹ 370 billion (US$4.3 billion) market for online travel-related transactions. [4] It launched “holiday-cum-shopping card” with State Bank of India (SBI). [5]
Cleartrip also operates Cleartrip for Business, [4] an online corporate travel management tool; Agent Box, [5] a travel tool for travel agents; and Cleartrip Mobile, [6] a travel booking app for mobile devices. In 2012, it launched new services such as Quickeys, a hotel booking application [7] and other journey planning services. [8] [9]
Trivago claims to be the world's largest online hotel search site, comparing rates from over 1 million hotels and more than 250 booking sites worldwide. [citation needed] Since their majority shareholder is Expedia, the effort is to direct bookings to their sites by way of various "adjustments" to how other sites' rates are perceived.
Some examples of websites that use a combination of travel reviews and the booking of travel are TripAdvisor, Priceline.com, Liberty Holidays, and Expedia. Service providers Individual airlines , hotels , bed and breakfasts , cruise lines , automobile rental companies, and other travel-related service providers often maintain their own web ...
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In September 2012, the United Kingdom's competition authority, the Office of Fair Trading (OFT), issued a statement of objections against Booking.com, Expedia, and IHG Army Hotels alleging that Booking.com and Expedia had entered into separate arrangements with IHG which restricted the online travel agent's ability to discount the price of room ...