Look what was in my inbox.
According to Groupon, internal estimates are that Groupon Travel could increase revenue by 40% once the company gets the ball rolling.
This news shouldn’t come as a huge surprise: Expedia has flirted with Daily Deals and has actually partnered up to provide daily deals with Groupon in the UK.
The new service will closely model Groupon’s existing model, in which customers have a limited time to take advantage of a deal. A press release from the two companies promises that the discounts will be typically around 50% off retail rates found at other online travel sites.