Budgethotels Network, Inc.: Agreement With Major Hotel Reservation Corporation Targets 26 Million Train And Bus Passengers.Business Editors POINT ROBERTS Point Roberts, uninc. town (1990 pop. 750), Whatcom co., NW Wash., on the Strait of Georgia near the tip of the Point Roberts peninsula, extending south from British Columbia, Canada, and separated from the Washington mainland by Boundary Bay. , Wash.--(BUSINESS WIRE)--May 29, 2003 Budgethotels Network (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BUDH) announces that it has entered into an agreement with a major hotel reservation corporation whereby the parties have agreed to test market an advertising program for 90 days on Budgethotels' Info Center reservation boards that target the users of train and bus terminals throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Under the Agreement, commencing June 1, 2003, Budgethotels will place prominent ads for the corporation on 16 of Budgethotels' 86 reservation boards located in transportation terminals in 10 major US cities as follows: (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Penn Station; New York Port Authority Incoming Board; New York Port Authority Outgoing Board; Atlantic City Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16. , Greyhound, Chicago Greyhound; Dallas Greyhound; Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. Greyhound; Miami South Beach Greyhound; Miami Bay Side (airport area) Greyhound; Miami Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run ; Orlando Greyhound; Orlando Amtrak; Washington D.C. Greyhound; Los Angeles Greyhound Incoming Board; Los Angeles Greyhound Outgoing Board; San Diego Greyhound). These 16 locations represent a combined market potential of 26 million annual customer exposures. The agreement provides Budgethotels with revenues based on a commission earned from every room booked through a dedicated toll free number. Upon completion of the initial trial period the parties will review the results to determine the basis of an ongoing relationship. Budgethotels anticipates releasing the name of the corporation upon commencement of the program. About Budget Hotels Budgethotels Network, Inc. provides services for the 'budget' traveler through two compatible networks; (1) Reservation Centers - Advertising is sold by the Company on its illuminated Reservation Center boards to travel industry suppliers, primarily hotels. These boards are located in 86 transportation terminals under long term, exclusive agreements with Greyhound, Amtrak, Via Rail and the New York Port Authority. The Company is implementing additional methods to increase revenues from this source. (2) Online Travel Reservations The Company's primary website, www.budgethotels.com, features more than 45,000 hotels, motels, youth hostels and bed & breakfast locations across the USA, Canada and throughout the world. On behalf of the Board: William McLaws |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion