Question
Hi guys, I need help with writing a body section about the topic below, This is what I have written so far and am having
Hi guys, I need help with writing a body section about the topic below, This is what I have written so far and am having trouble going more in-depth.
Priceline, Kayak, Hotwire, and other travel websites' business models are based on creating a system where hotels can provide their rooms for less money in order to draw customers. The hotels then pay the travel sites a commission for each room reserved through their website. In this way, both the hotels and the travel websites can turn a profit.
In order to fill their rooms and make money, hotels will accept rates that are lower than their standard rates. Travel websites make money by adding a commission to every booking they process. Operating a little differently is Priceline. The format is a reverse auction where hotels compete with one another to offer a room to a Priceline customer. Instead of receiving a commission in this instance, the travel agency pays a fee to the hotel for each successful reservation.
This is what I have so far if you could expand upon this by maybe 300-400 words or so that would be super appreciated and I promise to thumbs up! :)
Research Priceline, Kayak, Hotwire and other travel sites regarding their business model. Why will hotels accept rates that are lower than their typical rates? How are profits made by both the travel sites and the hotels? (This topic uses concepts from Chapter 25 on differential analysis and product pricing.) 3. Body section - Development and expansion of the executive summary. Includes explanations, examples, analysis, steps, reasons, arguments, and factual details. This part of the paper expands upon and supports your exeutive summary. If your boss wants details, this is where he/she will look. The conclusion brings the paper to an effective close. The conclusion may restate the main idea in a fresh way, suggest further work, or summarize recommendations, but an effective conclusion avoids unnecessary repetitionStep by Step Solution
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