Hotel Sales up 35% for First Quarter

25th Feb 2003

At a presentation at the
Goldman Sachs Technology Investment Symposium,
Chief Financial Officer Robert Mylod reported that`s
first-quarter-to-date hotel revenue increased approximately 35 percent over the
corresponding period in 2002.

The Company attributed part of the revenue increase to a new advertising
campaign that shows how consumers can use`s Name Your Own Pricesm
hotel room service to purchase quality hotel accommodations at superior savings
compared to other leading online hotel reservation services.
A copy of Mr.
Mylod`s presentation is available .


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