Managerial Accounting Online "Opaque Booking Websites" Such Term Paper

Open, View, and/or
Download this Document

Total Length: 584 words ( 2 double-spaced pages)

Total Sources: 0

Page 1 of 2

Managerial Accounting

Online "opaque booking websites" such as price-line and Hotwire are profiting in the existing economic climate since travelers are progressively using the internet to scout for better online packages. Similarly, "opaque pricing" has started to become ever more popular as shrewd customers respond to offers where they can book together and benefit or take their shot at purchasing a surprise proposal that safeguards the veracity of their fares and rates.

By preferring to use an online service like Hotwire or price-line, in conjunction with their own marketing campaign or as a standalone outsource for selling their vacancies and getting future bookings, the companies benefit greatly on multiple levels.

Firstly, they gain from absolutely free advertising that has tremendous outreach; these intermediaries market the products and services without any charges -- they earn from the commissions on the proceeds or through other means. Another advantage for high-priced services like hotels and airplanes is that a convenient comparison is available at most websites as opposed to the tedious process of going back and forth between different the websites of the different service providers.

Stuck Writing Your "Managerial Accounting Online "Opaque Booking Websites" Such" Term Paper?

View All Our Example Managerial Accounting Online "Opaque Booking Websites" Such Term Paper

Have A Custom Example Essay Written



Further owing to the fact that these websites have become the go-to forum for anyone looking to travel via air and stay at a hotel, the service providers may actually lose out if they do not have an online presence on these forums. Furthermore, they can only result from the high volume of online traffic that is bound to raise their visibility and brand awareness.

Lastly, both the airlines and hotels are willing to forgo a certain amount in profits that may be generated from selling their reservations at an exorbitantly high mark-up for a confirmed reservation because that not only aids them in the long-run but also allows….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Managerial Accounting Online Opaque Booking Websites Such" (2012, July 25) Retrieved May 18, 2025, from
https://www.aceyourpaper.com/essays/managerial-accounting-online-opaque-booking-109968

Latest MLA Format (8th edition)

Copy Reference
"Managerial Accounting Online Opaque Booking Websites Such" 25 July 2012. Web.18 May. 2025. <
https://www.aceyourpaper.com/essays/managerial-accounting-online-opaque-booking-109968>

Latest Chicago Format (16th edition)

Copy Reference
"Managerial Accounting Online Opaque Booking Websites Such", 25 July 2012, Accessed.18 May. 2025,
https://www.aceyourpaper.com/essays/managerial-accounting-online-opaque-booking-109968
   

Open, View, and/or
Download this Document
order custom essay example