17 March 2008

CarRentals.co Acquired by Expedia

Congrats to David and the crew over in my startup in the bedroom aka CR.com

This shows that Expedia is in need of some revenue fixes or is intent on closing gaps in its product line - probably both.

There are not that many places for an intermediary to make money. Airline revenue is practically zilch, Hotels are falling, Cruise is a mirage so Cars is about all that's left in the single supply line. Of course opaque packaging and ancillaries still look the most promising.

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