Postcards
Gilt Groupe's Jetsetter takes off
September 30, 2009: 4:19 PM ETShoppers 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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Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.
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