| |
Online travel is a very hot commodity
right now because of the current trends
in the travel industry. Just in the last 4 years
there have been about $14 Billion Dollars
in purchases of online travel sites. Take a look
at these major investments in internet travel sites:
Expedia - |
Purchased
for $5.1 Billion in 2003 |
|
Orbitz - |
Purchased
for $1.2 Billion in 2004 |
|
Hotwire - |
Purchased
for $1 Billion in 2005 |
|
CheapTickets - |
Purchased
for $1 Billion in 2005 |
|
LastMinute - |
Purchased
for $1.1 Billion in 2005 |
|
Travelocity - |
Purchased
for $4.4 Billion in 2006 |
Question: If you are going to spend $5 Billion Dollars
on a website, wouldn't you do some homework first?
Answer: Of course you would. Barry Diller purchased
Expedia, Hotwire & CheapTickets and previously
did the same research we did in 2001. We have 2
years of research on him, have a personal connection
to our clients and don't need to spend over $5 Million
Dollars per week in advertising to keep a 1% annual
growth rate. New agents in our company pay less
than $500 to get their online
travel site up and running and have the power
of a company that is growing by 300% annually.
| How
will we Compete with Them? |
| |
| The Real Question
is: |
| |
| How
will we they Compete against us? |
See Revenue Growth
See Agency Growth
|
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