IAC stands for various terms. Discover the full forms, meanings, and possible interpretations of IAC across different fields and industries.
"IAC" stands for "InterActiveCorp" in the context of a hotel, but it's not a direct operational term for a hotel itself. Instead, InterActiveCorp (IAC) is a major American holding company that has had significant historical and ongoing connections to the hotel industry through its various online travel and media businesses. While IAC doesn't directly own or operate physical hotels, its strategic investments and spin-offs have profoundly impacted how hotels distribute their inventory and how consumers book travel.
Historically, IAC was a powerhouse in online travel, notably acquiring Hotel Reservations Network (HRN) in 1999, which later became Hotels.com. In 2005, IAC spun off its travel businesses into a new public company, Expedia, Inc., which then became a giant in online travel, owning major brands like Hotels.com, Expedia, Hotwire, and later TripAdvisor (which was subsequently spun off as well). More recently, IAC has also made significant investments in companies related to the hospitality and entertainment sectors, such as its substantial investment in MGM Resorts International in 2020, aiming to leverage its digital expertise to enhance the resort experience and expand into online gaming and sports betting. Therefore, when "IAC" is mentioned in a hotel context, it typically refers to the influence and activities of this conglomerate through its past and present holdings in online travel agencies, booking platforms, and hospitality-related technology, rather than a hotel operational acronym.
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