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Sabre Global Distribution System, owned by Sabre Corporation, [1] is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators.
Airlines normally preset the selling rates for these fares for sale to sub-agents and to end customers, thereby ensuring that the fares are not undercut. Consolidators most commonly operate in international markets. [2] In domestic markets, they typically only offer business class and first class tickets.
CheapTickets is an online travel services company focusing on the leisure market, offering airline tickets, hotel and vacation rentals, rental cars, customized vacation packages, and cruises. CheapTickets was a wholly owned subsidiary of Orbitz Worldwide, Inc., and with Expedia Inc.'s purchase of Orbitz, it is now a subsidiary of Expedia Group.
Trip.com Group Limited is a multinational online travel agency(OTA).It is one of the largest travel service providers in the world. [3]Founded in 1999, the company owns and operates several travel fare aggregators and travel fare metasearch engines, including namesake and flagship [citation needed] Trip.com, Skyscanner, CTrip, Qunar, Travix, and MakeMyTrip. [2]
Individual airlines, hotels, bed and breakfasts, cruise lines, automobile rental companies, and other travel-related service providers often maintain their own web sites providing retail sales. Many with complex offerings include some sort of search engine technology to look for bookings within a certain timeframe, service class, geographic ...
In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply.
Traveloka first entered Thailand in 2015, [16] and by September, it had partnerships in Southeast Asia with 33 hotels and airlines. [15] The company expanded rapidly in 2016, opening regional offices in Thailand, Singapore, Malaysia, the Philippines [12] and Vietnam. [24]
The neutral unit of construction or neutral unit of currency (code: NUC) is a private currency used by the airline industry, [1] to record fare calculation information. [2] A set of exchange rates is issued by the International Air Transport Association (IATA) every month. [3]
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