Invicta Group to Capitalize on Travel and Entertainment Industries in 2004

9th Jan 2004

Invicta Group Inc.
announced today that it has launched two
websites to capitalize on the multi-billion dollar online travel and
entertainment industries.

Invicta Group is currently selling travel products, including scheduled
and discount air, auto rental, hotel, cruise, tours, and special events,
to the business and leisure travel customer via
. In addition, Invicta’s subsidiary
company, Casino Rated Players ,
delivers “Rated Players” to casino resorts worldwide, using the Internet
to offer a wide array of services, benefits and incentives, offering free
Casino Resort rooms, food and beverages and entertainment to over 30
Casinos located in N. America and the Caribbean. Casino Rated Players has
access to professional travel services and products.

Travel is the world’s number 1 industry with over $5 trillion annually in gross
sales. Industry analysts confirm online travel bookings currently generate
more sales than any other product or service sold on the Internet, and
conservative estimates have online travel bookings increasing 280 percent
from 1999 to 2004. The internet has changed the distribution of purchasing
travel and entertainment; in 2002 over 30 million Americans purchased
travel online compared to 6 million in 1998 ... .15% of all Americans
purchased travel online—that’s 5 times the penetration rate of 1998,
according to PhoCusWright.

“Our goal is to increase shareholder value through strategic mergers and
acquisitions, synergizing operations and using cross-marketing to create
product awareness,” commented Bill Forhan, Invicta Group, CEO.


Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation