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Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates. [1]
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 .
Google Flights is an online flight booking search service that facilitates the purchase of airline tickets through third-party suppliers. It was launched by Google in 2011 following a buyout. It was launched by Google in 2011 following a buyout.
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