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Hotwire.com
Hotwire is a travel website that offers airline tickets, hotel rooms, rental cars, and vacation packages. It operates by selling off unsold travel inventory at discounted prices. The company is headquartered in San Francisco, CA, Hotwire, Inc. is an operating company of the Expedia Group, which also operates the website ClassicVacations, Expedia, Hotels.com, Orbitz, Travelocity and Egencia. History Hotwire was launched in 2000, by Karl Peterson, Eric Grosse, Gregg Brockway, and Spencer Rascoff. Initial funding came by founding partner Texas Pacific Group (TPG), a leading private equity firm that Karl Peterson used to work for, that invested an initial $75 million into Hotwire. Hotwire first offered tickets from six major airlines, that also invested into Hotwire's launch: American, Northwest (now Delta), Continental (now United), America West (now American), United, and US Airways (now American). Prior to its formal launch, Hotwire was codenamed Purple Demon. In September 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expedia Group
Expedia Group, Inc. is an American online travel shopping company for consumer and small business travel. Its websites, which are primarily Travel website#Fare aggregators and metasearch engines, travel fare aggregators and travel metasearch engines, include Expedia.com, Hotels.com, Vrbo (previously HomeAway), Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets, CarRentals.com, Expedia Cruises, Wotif, and Trivago. According to Rich Barton, the company's first Chief executive officer, CEO, the word "Expedia" is derived from a combination of "exploration" and "speed". History Founded as a division of Microsoft in October 1996, Expedia was Corporate spin-off, spun off into a public company in 1999. In 2001, IAC/InterActiveCorp (known at the time as USA Networks Inc) bought a controlling interest in the company for an estimated $1.5 billion. In 2003, it was fully purchased by IAC/InterActiveCorp and became part of IAC Travel. Rich Barton resigned as CEO and was replaced by Er ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neha Parikh
Neha Parikh is an Indian-American business executive. In June 2021, Parikh became CEO of Waze, a subsidiary of Google. Prior to becoming CEO of Waze, Neha was the President of Hotwire within the Expedia Group until 2020. Neha currently serves as a Member of the Board of Directors for Carvana. Career Hotels.com Parikh joined Hotels.com in 2008 as a Product Manager. She was eventually promoted to Senior Vice President, Hotels.com Global Brands & Retail in 2015. In 2017, Parikh became President of Hotwire, which is part of the Expedia Group, a role she served in until 2020. At the time, Parikh was Hotwire’s youngest and first female president. Carvana Parikh joined the Board of Directors of Carvana in April 2019. Waze When Parikh joined Waze as CEO in June 2021, she replaced Noam Bardin, who stepped down in November as the CEO after leading the Israeli company for 12 years. She was removed from the role in December 2022 upon the organizational merger between Waze and Google Maps. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opaque Travel Inventory
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. According to TravelClick, the opaque channel accounted for 6% of all hotel reservations for major brands in 2012, up 2% from 2010. The primary consumers of opaque inventories are price-conscious people whose primary aim is the cheapest travel possible and are less concerned with the specifics of their travel plans. Hotel discounts of 30-60% are typical, and bargains are stronger at a higher star hotel. While one has control over the dates and times of a travel itinerary, the downside is these purchases are absolutely non-refundable and non-changeable and, as noted above, the specific hotel or airline is not revealed until after purchase. The main sou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IAC/InterActiveCorp
IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company is incorporated under Delaware General Corporation Law and headquartered in New York City. Joey Levin, who previously led the company's search & applications segment, has served as chief executive officer since June 2015. History 1980s and 1990s IAC was established in 1986 as Silver King Broadcasting Company, as part of a plan to increase viewership of the Home Shopping Network (HSN) by purchasing local television stations. By 1988, Silver King had bought 11 stations for about $220 million. The company was later renamed as HSN Communications, Inc., and then Silver King Communications, Inc. In 1992, Silver King was spun off to HSN shareholders as a separately traded public company. In August 1995, Barry Diller acquired control of Silver King, in a deal backed by the company's largest shareholder, Liberty Media. Diller, who had led the creation of the Fox net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Airways
US Airways (formerly USAir) was a major United States airline that operated from 1937 until its merger with American Airlines in 2015. It was originally founded in History of aviation in Pittsburgh, Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. A decade later it had acquired Piedmont Airlines (1948–1989), Piedmont Airlines and Pacific Southwest Airlines (PSA), and was one of the U.S.'s seven transcontinental legacy carriers. In 1997, it rebranded as US Airways. The airline had an extensive international and domestic network, with 193 destinations in 24 countries in North America, South America, Europe, and the Middle East. The airline was a member of the Star Alliance, before becoming an affiliate mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2003 Mergers And Acquisitions
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious or cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Properties Established In 2000
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a ''internetworking, network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Companies Established In 2000
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 2000
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Travel Websites
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Travel Weekly
Travel Weekly Group Ltd is a UK publishing and events company serving the travel industry, principally travel agents, tour operators and other suppliers. Its main brand is weekly business publication ''Travel Weekly'' and its associated online services, supplements, forums and award events. Other brands include Travolution, a news provider for the digital travel industry; Aspire, a media brand for the luxury travel market; and the Globe Travel Awards. Travel Weekly Group was established by entrepreneur Clive Jacobs, founder of car rental company Holiday Autos, in August 2009 when he acquired ''Travel Weekly'' and its associated brands from Reed Business Information. In March 2014, it acquired Kingley Event Management, whose portfolio included several UK travel industry events. Travel Weekly Group employs about 80 staff and is based in Victoria, London, UK. It is part of Jacobs Media Group, whose other brands include ''The Caterer'', which serves the hospitality industry; C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
