Two Cendant TDS regional executives are participating as panelists on two panels during the Travel Distribution Summit Asia 2006.

The summit is to be held from 15 - 16 February 2006 at the Hilton Hotel, Singapore.

On Wednesday, 15 February 2006, Mr. Ram Seethepalli, Cendant TDS’s Group Vice President & Managing Director, Consumer Markets, Asia, will be a panelist on the first day of the summit in Keynote Session One at 9:00 a.m. titled “Asian Travel Distribution Future: Understanding the Changing Balance of Power Between Suppliers and Intermediaries”.

Among the topics to be discussed include how the balance is shifting between direct and indirect distribution in Asia and the implications of both.

On the second day of the summit, on 16 February, at 9:00 a.m., Mr. Mark Rizzuto, Managing Director, Cendant TDS, and one of the most senior Cendant TDS executives in Asia, will participate as a panelist in Keynote Session Three titled “The Great Annual GDS Debate - Addressing the Future Role of the GDS in Asia.”  Among the issues he will help address include how the GDS model will evolve and adapt to the future market landscape and the implications of those changes.

Much of Mr. Rizzuto’s comments will be based on the results of recent research undertaken in Asia, to discover how Asian travel agents are reacting to a market being shaped by changing technology, rising costs and an increasingly demanding traveling public.
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