January 30, 2009
The dot-travel Internet domain has been falling short of some of its early aspirations, but two recent developments have drawn new attention to its possibilities.
First, an Australian company paid $3.3 million in a private transaction to buy a bundle of assets that included the address Answers.travel, suggesting that at least one investor sees an opportunity for a big payback in the new domain.
Secondly, the Cruise Lines International Association, which has had little to do with the new domain to date, disclosed that it had become an “authentication provider” for the dot-travel registrar, Tralliance Corp. In essence, CLIA has joined some 40 other travel organizations that have agreed to certify or authenticate the status of members who are seeking dot-travel addresses.