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“How travel agencies prevented extinction and have become a luxurious service”. Several reports show that the number of individuals using travel agents to book travel has been increasing. In October 1996, Expedia.com, funded with tons of of hundreds of thousands of dollars by Microsoft launched as the first massive online travel agency. With the arrival of the internet, travel agencies migrated online and underwent disintermediation by the discount in costs caused by removing layers from the package deal vacation distribution community.
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