European Travel Network Delivers �Name Your Price� Airfares;
Expands Agent Sales Opportunities with Client Leads and PromotionsFor Immediate Release
Coral Gables, Fla., June 2, 1999: European Travel Network, a non-profit organization promoting worldwide access to discounted flights and other travel arrangements, today announced �Name Your Price,� a new travel booking service for cost-conscience travelers. Name Your Price allows anyone to state the price they are willing to pay for airline tickets. The bid is then routed to registered European Travel Network (ETN) travel agents that specialize in the destination and have negotiated airfares for the routing. ETN (https://www.etntravel.com) works with 750 agencies in 144 countries.
�We know that cost is an important issue for many travelers and ETN has the network to put travelers in touch with agencies that can provide significant discounts,� said Robert Hubbard, vice president of international marketing for European Travel Network. �ETN is taking the concept of the Internet auction one step further by including the travel agent in the distribution. Name Your Price is a winning solution for everyone.�
The easy-to-complete bid forms (https://www.etntravel.com/nameyourprice/) include sections on travel information, passenger information and credit card information. Each section must be fully completed before the bid can be processed. The bid will be circulated and the participating agencies will accept or reject the bid for the flights within four business hours for domestic US flights and within one day for international flights. Travelers that place bids for air travel will be notified by email or phone if the bid is accepted and notified by email if the bid is rejected.
Tickets will be non-refundable, non-exchangeable and non-transferable. Accepted bids will then be charged to the credit card that was included with the bid information and the tickets will be issued and sent. There will be a $50.00USD charge for bids that travelers cancel before the tickets are issued and travelers could be charged up to 100% of the ticket value if the tickets are canceled after being issued.
Client Leads and Promotions
Interested travel agencies that provide discounted rates for air, car, hotel, cruise or other travel services can register with ETN to receive qualified sales leads. Registered ETN agents can also advertise any special travel offers on the ETN site. Interested inbound tour operators may also register to respond to consumer inquiries regarding travel to its area of tour operations. Visit the ETN site at https://www.etntravel.com/travelinfo/ to register for the sales leads program or one of the many other travel agency business opportunities such as job postings and using the mailing lists.�We recognize the challenges that the travel agency community faces which is why ETN was created,� added Mr. Hubbard. �ETN is pleased to provide an Internet solution that helps the travelling public get the best fare while promoting the use of our growing family of agencies.�
Company Information
European Travel Network (ETN) has been a leader in the discount travel business since 1971. Founded by Ad Latjes, ETN travel services include discounted airfares, hotel, cars, tours, insurance and other travel services. This year ETN expects to have more than 7.5 million visitors, viewing 45 million web pages and sending three million fare requests for seven million passengers. ETN anticipates that 1999 sales could deliver $3 billion USD in sales to the 750 ETN agents in 125 countries.# # # Contacts:
Kate Koziol K Squared Communications Voice: (773) 774-7847 Fax: (773) 774-7857 E-mail:
k2com@msn.com
"Service of Hospitality 1ST and Subscribing Members"
Placement Dates: 6/9/99 - 8/9/99
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