Hotwire’s performance disappointed in the first quarter, got worse in the second quarter, and now has stabilized under pressure from an improving economy (it’s harder for opaque sites to get supply in these circumstances), car rental consolidation and a more aggressive Priceline and its “copycat” Express Deals, Khosrowshahi said. Khosrowshahi said Hotwire, which brought in a new president, Henrik Kjellberg, several weeks ago, will compete more directly against Priceline and apply “better tactical management.” And Hotwire, with its deep discounts, will privot more toward last-minute offers and mobile, Khosrowshahi said, adding that Hotwire, with design changes, would be perfect fit for mobile. Get the full story at Skift