My web-based company is called Expedia. It is an online travel company website where people can book their airline tickets, hotel reservations, car rentals, cruises, vacation packages, and various attractions.
Expedia makes money by charging a fee per transaction, by purchasing the travel inventory such as plane tickets and hotel stays from the travel provider at a discounted price and/or by charging the customer a premium on top the original price.
Base on the Wiki analysis, Expedia is struggled to remain profit because of the higher fuel prices and lower consumers demand for travel. Further, Expedia has intensive competitions such as Priceline, Oribitz, and Travelocity that also drive for the same goal discount airlines.
They plan to make a profit by continuing to offer loyalty programs and lots of discount to various marketers ranging from families with children to luxury travelers.
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