By Jessica Shambora
September 30, 2009
September 30, 2009

Shoppers may have fewer dollars these days, but they still want to make the most of them. That’s the idea behind Gilt Groupe, the members-only shopping site featuring daily deals, or “flash-sales,” on limited quantities of designer goods. (Click here for a post about Gilt CEO Susan Lyne, formerly head of Martha Stewart Living Omnimedia).

Now Gilt is bringing the same formula to the luxury travel sphere with a new site called Jetsetter. Before you start thinking this is just another Orbitz/Expedia/Travelocity/Priceline copycat, check out my story on the Fortune Brainstorm Tech site. I explain how Jetsetter departs from the norm, with destinations like the Cotton House on the Isle of Mustique, and the Bauer Hotel, overlooking Venice’s Grand Canal. The list of mass-market travel sites may be long, but according to Jetsetter CEO Drew Patterson, “The luxury travel industry has a lot of white space.” –Jessica Shambora

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