According to the agreement, OneTravel.com will begin distributing net-rate hotel rooms from Travelweb LLC`s rapidly growing inventory of more than 4,000 hotels worldwide under the OneTravel.com brand in the first quarter of 2003. OneTravel.com joins Continental Airlines, Orbitz, PleasantHolidays.com and TravelToday.net as Travelweb LLC`s affiliate partners. Travelweb LLC`s net-rate inventory will be integrated into OneTravel.com`s HotelWiz family of products.
The first of its kind in the hotel industry, Travelweb LLC`s model enables hoteliers to offer consumers the most current discounted hotel rooms directly from hotels` central reservations systems (CRS) and to dynamically allocate net-rate inventory that has generally not been available to consumers through online travel sites. This direct connection to hotels eliminates the error-prone manual method of faxing reservation requests to the property and helps ensure a smooth hotel stay for consumers.
Travelweb LLC`s model also benefits affiliate travel Web sites such as OneTravel.com by bolstering their hotel offerings to consumers, which ultimately contributes to increased revenues. Travelweb LLC`s net-rate inventory features top worldwide hotel brands, including Omni Hotels and Kimpton Boutique Hotels, as well as the properties of Travelweb LLC`s investors: Hilton Hotels Corporation, Hyatt Corporation, Marriott International, Inc., Six Continents Hotels, Starwood Hotels and Pegasus Solutions` Utell subsidiary.
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