Hotwire.Com is an online travel site that offers discount airline tickets and hotel reservations, usually from unsold travel inventory from other sites. The company was founded in 2000 by six airlines and Karl Peterson, Eric Grosse, Gregg Brockway, and Spencer Rascoff. Hotwire.Com is based in San Francisco, California.
Hotwire.Com functions as an operating system of Expedia. When Expedia and other sites have hotel accommodations and airline seats that are unsold, they often are turned over to Hotwire. The company does not use an auction format, but shows their pricing upfront. The company removed all airline booking fees in 2007, something few other companies have done.
Hotwire.Com uses an “opaque” sales model. While the time and price are shown, the exact name of the hotel or airline is not revealed until after the client has purchased their ticket. This is to avoid direct competition with other travel partners.