GIANTS Signs ResortQuest International as a Preferred Travel Supplier.Business Editors/Travel Writers MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--March 11, 2003 ResortQuest International (NYSE NYSE See: New York Stock Exchange :RZT RZT Radiation Zone Training ), the nation's largest manager of vacation condos, homes and villas, has reached an agreement with GIANTS to become a preferred supplier for the travel agent network. GIANTS - Greater Independent Association of National Travel Services - is a member-owned international travel agency network. The network includes approximately 1,800 qualified locations 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. and Canada and offers clients value-added amenities through their preferred suppliers. "We are very proud to partner with GIANTS and its growing network," said ResortQuest CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President Jim Olin James R. (Jim) Olin (February 28, 1920 – July 29, 2006) was a member of the United States House of Representatives from Virginia. Olin was born in Chicago, Illinois and raised in a middle-class suburb. . "ResortQuest has worked hard at marketing itself to the travel agent community and educating the agents on the real value of booking our vacation condos, homes and villas." Jack Mannix, CTC CTC - Cornell Theory Center , president and CEO of GIANTS, said that ResortQuest represents the type of quality, national company that his network wants in its preferred supplier portfolio. Over the past year, GIANTS has sliced the number of preferred suppliers to concentrate on qualified, niche specific operators. GIANTS network includes 32 niche suppliers, down from 75. "ResortQuest is the leader in vacation rental Vacation rental is a term in the travel industry meaning renting out a furnished apartment or house on a temporary basis to tourists as an alternative to a hotel. Vacation rentals are becoming increasingly popular in Europe (especially in the UK) as well as in Canada. accommodations. The company's vast number of resort destinations and varied selection of vacation condos, homes and villas are of a real value to our agents," said Mannix. "In the past, the vacation rental industry was so fragmented, agents had no place to turn for a national network of trusted rentals that ResortQuest now provides." Bob Adams, CTC, ResortQuest's Chief Marketing Officer said that his company will continue to look for partnerships with agents. Over the past year, ResortQuest has negotiated more than half a dozen new agreements with some of the finest names in the industry. "ResortQuest has growing partnerships with travel agents," said Adams. "While others in travel are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to cut the travel agent role, we want to include them. GIANTS is a wonderful addition." About ResortQuest International Memphis-based ResortQuest International (NYSE:RZT), the first brand name and "real-time" online booking service (http://www.resortquest.com) in vacation condominium, home and villa rentals and sales, provides a one-stop resource for 52 premier resort destinations in the U.S. and Canada. ResortQuest is the nations leading vacation rental property management company, based on a portfolio of over 20,000 vacation rental properties with a combined real estate value estimated in excess of $7.0 billion. All of ResortQuest's vacation rental accommodations include spacious, well-appointed condos, homes or villas with a full kitchen. ResortQuest also manages a portfolio of hotel properties in Florida and Hawaii. To make reservations or view special offers, visit resortquest.com or call 800-GO-RELAX. |
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