Travelweb Reports a Successful 2002

Travelweb LLC experienced a year of unparalleled success and forward momentum in 2002. The online hotel distributor - founded in February 2002 - reported exponential first-year growth by securing agreements with more than 4,000 hotels worldwide and by adding five leading online travel sites as distributors for the extensive array of retail and discount hotel room inventory. 
Travelweb LLC is owned by Hilton Hotels Corporation, Hyatt Corporation, Marriott International, Inc., Six Continents Hotels, Starwood Hotels and travel technology provider Pegasus Solutions, Inc. and was created to completely change the landscape of retail and discount hotel distribution and booking online.


In only 11 months since its inception, Travelweb LLC has signed net-rate distribution agreements with some of the most prominent hotel companies’ reservation service providers in the world.


Additionally, Travelweb LLC has enlisted an impressive roster of leading third-party affiliate travel Web sites for distribution of retail and discount hotel inventory to consumers. The company’s affiliate partners include:

¤ Continental Airlines

¤ OneTravel.com

¤ Orbitz

¤ PleasantHolidays.com

¤ TravelToday.net

In 2003, Travelweb LLC expects to see continued dynamic growth through additional upcoming hotel and affiliate distribution agreements, especially with companies in international markets. As more of these deals are signed, Travelweb LLC will offer an even larger inventory base worldwide and will further expand the distribution reach it provides to its hotel partners.

Travelweb LLC also plans to introduce a powerful new version of the Travelweb.com

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consumer site that will serve as a one-stop shop for consumers to access the best rates on hotel rooms and other travel products.


Related stories on ITN:

(30/12/2002) Pleasant Holidays Selects TravelWeb for Net-Rate Hotel Inventory


(09/12/2002) Travelweb signs Distribution Agreement with Lexington


(22/11/2002) UNiREZ Signs With Travelweb


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