Monday, November 15, 2004

Travelweb : priceline - widening market

Room with a deal: "Earlier this year, Priceline.com obtained majority interest in Travelweb, a site originally launched to give Marriott and other major U.S. hotel chains more control over their inventories. Since the change, the only chain with a financial stake in the site is InterContinental. Now broadening its scope far beyond the major chains, the site offers discounts at properties worldwide, including independents."

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