Backpack
Tom Kennedy and Ray Nolan developed
Originally created as a reservation management system called Backpack to hostels
10 copies sold in 1999
100 by 2001
Web Reservation International uses this software
WRI
Used Backpack to create an online reservation site for hostel bookings (is now the biggest global provider of online reservations for the budget accommodation sector).
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What is a hostel?
A hostel or youth hostel is essentially a form of accommodation that offers reasonably priced, shared accommodation to travelers in either private or dormitory rooms. The majority of hostels around the world are independently owned and many of these have their own bars and restaurants.
The BYIT
The BYIT is the budget, youth and independent traveler.
This travel segment is worth $4.5 billion annually.
Vision and Mission
Current mission and vision:
"
to provide on-line confirmed bookings for hostels, budget accommodation centers and package tours, as well as......
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