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An opaque inventory is the market of selling unsold travel inventory at a discounted price. The inventory is called "opaque" because the specific suppliers (i.e. hotel, airline, etc.) remain hidden until after the purchase has been completed. This is done to prevent sales of unsold inventory from cannibalizing full-price retail sales.
(Reuters) -Expedia shares tumbled as much as 13% to a near six-month low in early trading on Friday, after the online booking firm cut its annual forecast for revenue growth due to weakness at its ...
Expedia Group, Inc. is an American travel technology company that owns and operates travel fare aggregators and travel metasearch engines, including Expedia, Hotels.com, Vrbo, Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets, CarRentals.com, Expedia Cruises, Wotif, and Trivago. [1] Over 3 million lodging facilities and flights on over ...
Best available rate. Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand. There are several interpretations and executions of BAR in the hotel industry.
May 2, 2024 at 3:13 PM. (Reuters) -Online travel agency Expedia cut its full-year revenue growth forecast on Thursday, as gross bookings were hit by a drag in its vacation rental platform and poor ...
Expedia offered me a partial refund after I rebooked a new flight for December 2021 that used two-thirds of the original flight credit. ... Expedia fully refunded the two-thirds of the credit I ...
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