DALLAS and SILVER SPRING, MD (June 4, 2003) - Travelweb and Choice Hotels International, Inc. (NYSE: CHH) today announced the worldwide lodging franchisor`s selection of Travelweb as a preferred online distributor of the company`s eight hotel brands. Travelweb`s seamless distribution network enables efficient and effective allotment of hotel inventory while increasing visibility of Choice Hotels` Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge and Rodeway Inn brands on the Web.
“Travelweb`s merchant program represents a significant benefit to our franchsee owners and their guests,” said Wayne Wielgus, Choice Hotels` senior vice president, marketing. “Franchisees benefit from broader distribution and the yield and revenue management capabilities Travelweb provides, as well as cost efficiencies that include elimination of GDS transaction fees. Travelers benefit too, from real-time access to rooms, rates, and reservations direct from each property.”
“Choice Hotels` decision to team with Travelweb clearly demonstrates that hotels are looking for a supplier-friendly merchant model that allows properties to really manage the allocation of their rooms and rates,” said Jaynne Allison, acting chief operating officer of Travelweb LLC. “The addition of the Choice Hotels brands moves Travelweb closer to becoming the largest online lodging distributor of net-rate inventories.”
Choice Hotels and its franchisees join the more than 8,000 hotels that are reaping the benefits of Travelweb`s industry-leading, seamless, net-rate distribution network that benefits both the hotels and their customers. Travelweb`s network enables hotel properties to offer consumers up-to-the-minute discounted hotel rooms directly from their central reservations system (CRS) and to dynamically allocate inventory in real time to enhance yield and revenue management. This CRS connection empowers the hotels to better serve customers by minimizing reservation errors that are common under the outdated blocked-room model. Under the agreement, Choice`s hotel inventories will become part of Travelweb`s distribution network available on Orbitz, continental.com and this summer on Travelweb.com, priceline.com, and aavacations.com.
About Choice Hotels International, Inc. -
Choice Hotels International (NYSE: CHH) franchises more than 5,000 hotels, inns, all-suite hotels and resorts open and under development in 39 countries under the Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge and Rodeway Inn brands.
Choice Hotels, Choice Hotels International, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, and Rodeway Inn are the proprietary trademarks and service marks of Choice Hotels International Inc.
About Travelweb LLC -
Travelweb LLC is a travel distribution company. Owned by Hilton Hotels Corporation, Hyatt Corporation, Marriott International, Intercontinental Hotels Group, Starwood Hotels, priceline.com and travel technology provider Pegasus Solutions, Inc., Travelweb offers an innovative new method for the online distribution of hotel rooms. For hotel operators, Travelweb LLC automates the distribution of discounted rooms and brings new cost and time efficiencies to the market. Through Travelweb`s private label offerings distributed through leading third-party Internet affiliates such as priceline.com, Orbitz and continental.com, consumers have access to a full spectrum of hotel accommodations and rates. Travelweb LLC is a private company headquartered in Dallas.