Google Flights is an aggregator. Try using Google Flights to book a flight from A to B. Try using Google Flights to book a hotel room in Melbourne or Sydney.
What it will take you to, is a page where it lists down all the providers that you can book through:
Siteminder is a platform integrator. It allows Hotels, Resorts, AirBnB rooms, and the like to plug into multiple sites at once - Booking.com, Expedia, Agoda, Homestay, Homeaway, etc. All without having Clashes.
For example, you list vacancy on Monday-Wednesday night on all 10 booking platforms via Siteminder. Siteminder's tech platform has the smarts to say OK, there's been a booking that just came through via Booking.com, we're taking you off the availability list on Expedia, Agoda and the rest. If the customer cancels via Booking.com, we'll put the room back up on all the sites again.
WebBeds, like Thunderhead mentioned, is a hotel inventory broker, connecting hotels (sellers) with tour agencies and travel agents (buyers) of room inventory. B2B business is the best type of business. High volume, low complexity, low variability BUT usually low margins.
With WebBeds, somehow it is quite high margin. What's more, they're making it even higher margin with Rezchain!
I checked my last purchases on Commsec and it shows that I have done not too bad, dollar cost averaging throughout the last 18 months.
Current DCA is approx $12.50
My next buy at $10 will bring my DCA down to $12.05 thereabouts.
WEB Price at posting:
$10.35 Sentiment: Buy Disclosure: Held
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