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

How should we help balance family and career?

Equal opportunities for men and women, equal pay for equal work, freedom from unfair discrimination: these are fundamental European values. more »

A celebration of... SPAM?

SPAM Museum in Austin, Minnesota, a.k.a. Spamtown USA gives you a sense of the cult SPAM ham. more »

Books by Bali bombers being sold

Even though the Indonesian government has tried to stop The Martyrs' Trilogy publication, some copies of are personal writings by each of the three executed Bali bombers are being sold quietly in small book shops and stalls. more »

The European ombudsman at your service

If you think the EU institutions have made a mistake or failed to follow their own rules, you can ask the European ombudsman to investigate on your behalf. more »

Indian gaming gets political

7Seas Technologies Limited the creators of the political games came up with the idea to raise political awareness ahead of the elections. more »

For sale: one English village

The charitable trust which owns the whole of Linkenholt in the southern county of Hampshire wants to sell up the archetypal English village and use its money elsewhere. more »

Butcher fest in Hungary

In the butcher's festival in a village in eastern Hungary, the best butchers in the land gather to compete in speedy cutting, slicing and meat processing. more »

Reality tv star's cancer ordeal

The world's most famous reality TV star Jade Goody is dying of cancer. more »

Would you help a Jew?, asks WW2 show

It looks like a relic from the second world war but 'The Bunker' is in fact a brand new museum. more »

How safe is your pension?

The financial crisis may force EU countries to adjust pension systems. more »