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Re: Bad call: Blackstone buys Cendant's Travelport for $4.3b

by sternthinker

I am led to understand (by you) that the huge 2002-2005 profits of the main travel portals (Orbitz, Expedia, etc.) were instigated by desperate vendors (hotels, airlines, etc) who jacked up sales commissions as post-9/11 demand for travel services fell like a stone. Is Blackstone betting on a reprise?

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