11/16/2023 0 Comments Hotwire mardi gras hotel and casinoHotwire first launched with opaque airline tickets. In 2004, an internet research firm estimated that through cross-advertising between Hotwire and Expedia, IAC was able to reach a total of an additional 1.5 million unique visitors to both websites monthly. In September 2003, IAC/InterActiveCorp announced its acquisition of for $663 million. Prior to its formal launch, Hotwire was codenamed Purple Demon. Hotwire first offered tickets from six major airlines, that also invested into Hotwire's launch: American, Northwest (now Delta), Continental (now United), America West (now American), United, and US Airways (now American). Initial funding came by founding partner Texas Pacific Group (TPG), a leading private equity firm that Karl Peterson used to work for, that invested an initial $75 million into Hotwire. Hotwire was launched in 2000, by Karl Peterson, Eric Grosse, Gregg Brockway, and Spencer Rascoff. is an operating company of the Expedia Group, which also operates the website ClassicVacations, Expedia,, Orbitz, Travelocity and Egencia. The company is headquartered in San Francisco, CA, Hotwire, Inc. It operates by selling off unsold travel inventory at discounted prices. ![]() Hotwire is a travel website that offers airline tickets, hotel rooms, rental cars, and vacation packages.
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