Hotwire is owned by Expedia, Inc, a public company listed on the NASDAQ Stock Market under ticker symbol EXPE.
Until recently, Hotwire made an effort to distinguish itself from its parent company. Recently, Expedia announced a new service to sell 'unpublished' hotel rooms in the same manner as Hotwire. In fact, Expedia's new service is "powered by Hotwire" and basically offers the same service as Hotwire (source: http://hoteldealsrevealed.com/forum/viewtopic.php?f=0&t=1085&p=2240).
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