Web-based agency

Published: 29 October 1999 y., Friday
Business is booming for Web-based travel and reservation services like Priceline.com and Travelocity. And market analysts say itPs a trend that_s likely to continue. By 2004, $34 billion of travel business will be transacted on the Web, according to Forrester Research, a market research firm based in Cambridge, Mass. The rapidly changing face of the travel industry has forced even successful traditional operators to rethink their business strategies. In 1982, Michael Brent established and quickly built an international franchise network of travel agencies. But sensing the Web boom, Brent, president and chief executive of Travel Network, and his executive vice president, Stephanie Abrams, recently merged their Englewood Cliffs-based firm with a publicly traded company, giving them the capital to build a powerful cyberspace presence. Now called Etravnet.com, the company is helping its franchisees around the world -- which continue to use the Travel Network name -- develop and maintain on-line reservation services, in addition to providing traditional service.Travel Network basically takes people who have no experience in travel, trains them in a five-week training program, and finds them a location to build a store to the specifications that they have designed over 18 years. It costs $30,000 to buy the franchise, which is a license and training. Then it costs about $15,000 for them to build a location, fully furnished and turnkey. Total, there are 380 units domestically, and the balance are overseas. Based on surveys done by third-party publications, they are the leading franchiser of start-up agencies in the United States. The agency receives an interactive Web site, which has booking engines so their customers can go on the site and do full bookings. The consumer can go to travelnetwork.com and find the Web site for a travel agency location that_s convenient for them.
Šaltinis: Bergen Record Corp.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Moscow metro's 75th anniversary

75 years after Moscow first opened its underground train system, Muscovites can ride a restored vintage train. more »

„Mountain tsunami“ threatens Bhutan

A glacier melt threatens to cause massive flooding and destroy a centuries old monastic fortress in the remote country of Bhutan. more »

Ending homophobia – stopping discrimination

What do countries as geographically diverse as Saudi Arabia, Uganda and Jamaica have in common? All of them criminalised homosexuality. more »

Human rights in the world – taking stock of 2009

Human rights is a key issue for the European Parliament and MEPs Monday took a first look at what the European Union did last year, when they discussed the EU annual report on human rights in the world. more »

Mercury fears in Japanese town

Researchers found high levels of mecury in a Japenese dolphin-hunting town, but say the mecury has no ill effects. more »

Pro-marijuana march in Mexico City

Crowds of Mexicans marched peacefully through the capital city on Saturday demanding the legalisation of marijuana. more »

Pets help prisoners

Prisoners are reported to have dramatic improvements in behaviour after pets are introduced in a new scheme. more »

Hat at centre of fur ban debate

Israeli Ultra-Orthodox MPs are lining up against activists proposing a total ban on furs, saying traditional fur hats are an important part of their religious tradition. more »

MEPs call for binding social protection for self-employed women and wives

EU Member States should organise social protection, including at least 14 weeks' maternity allowance, for self-employed women and self-employed men's wives or life partners, in accordance with national laws, said the Women's Rights Committee on Tuesday. more »

New media, new conversations, a new look EU?

How are the European Parliament, the European Commission and other parts of the European Union supposed to interest people and explain their work? more »