Priceline.com
A patented e-commerce system using intelligent agent technology
Launched its hotel-room reservations service in October of 1998
More than 5,000 hotels have signed up to offer unsold rooms
Now selling more than 5,000 hotel rooms each week
Cyberspace cannibalism???
Priceline.com is the largest single booker of airline tickets for 5 of the top 9 U.S. airlines. (October, 1999)
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