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

Children should have special place in EU Aid policy: Kinnock

The fact that over 80% of the world's children live in the developing world with a poor quality of life is the reason Europe “should take positive action”, according to Glenys Kinnock. more »

Bolivia's housing collapse

Houses collapse on the outskirts of La Paz Bolivia. more »

Russian kids get better with pets

In a remote corner of Siberia children with disabilities are being offered a helping paw. more »

Masked men on the march

In Hungary every February The Buso men march through the streets hoping their efforts will help usher in the spring. more »

What's cooking in Tokyo?

Besides fostering dialogues among the world's most influential chefs, the event also is aimed at promoting Japanese food culture to the world. more »

China's fake chic

A new trend in fake fashion is taking China by storm. more »

Social circus – getting in on the act

When it comes to social protection, the EU has some of the strongest laws on the books. more »

Cracks appear in Taj Mahal

The Taj Mahal is under threat - a series of cracks have appeared in the walls of the structure. more »

Journalists against injustice

French and Danish journalists share first prize in the 2008 journalist award "For diversity, against discrimination". more »

Japanese launch job hunt rallies

Rallies can be used to pump up people's enthusiasm for all kinds of things but here in Japan schools and colleges are drafting in teams of cheerleaders to boost enthusiasm among students about to enter the jobs market. more »