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

Loincloths hot among Japan woman

Forget burning bras, the latest in "women's liberation" is a product making a comeback in Japan that makers claim allows women to ditch tight-fitting underwear - loincloths. more »

Man-made electromagnetic fields: are we at risk?

We revel in the ways in which mobile phones and wireless internet make our lives easier. more »

MEPs split over widening anti-discrimination laws

For almost a decade a series of laws have protected Europe's workers from discrimination on the basis of age, disability, sexuality or religious beliefs. more »

90 countries take part in Earth Hour

Earth Hour 2009 is an opportunity for hundreds of millions of people all around the world to switch off their lights as a demonstration, a symbolic action to show to governments we need you to take action on climate change. more »

Key issues for the June European Parliamentary elections?

From 4-7 June millions of people will have their chance to vote in the European Parliament elections. more »

"Rent-a-granny"

One town in Poland has just started a "rent-a-grandparent" programme. more »

How far should standardisation go?

A key component of the EU's internal market for goods and services is the possibility of buying and selling across Europe. more »

Killer cat roams Poland

Polish farmers are intimidated by the mysterious predator. more »

What should cars run on?

The costs of fossil fuels are increasing and global warming is accelerating. more »

Peruvian mummy identified

According to archaeologists, the mummy of a 50-year-old woman, discovered on San Lorenzo island, was most likely an elite member of the Pre-Incan Ichma culture. more »