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

Cooking Bus to tackle obesity levels

In England it's thought nearly one in six children are overweight - something the government is trying hard to change. more »

Living off the land and freebies

Self-styled "freeconomist" Mark Boyle is on a mission to survive for one year by trading his skills, living off the land, and finding freebies. more »

MEPs want better AIDS strategy

You may see lots of people wearing red ribbons today. more »

Former astronaut MEP backs Europe's stellar ambitions

Former astronaut turned MEP Umberto Guidoni of the leftist GUE/NGL group believes that the European Union should have a major role in space exploration. more »

Mother wants internet baby back

A Dutch couple are caught up in the middle of a baby scandal. They bought the baby over the internet from its Belgian mother, now the mother wants her baby back. more »

Japanese man makes airport home

For the past 12-weeks the Japanese tourist has been living in Terminal One at Mexico City International Airport. more »

Growing old on the job

Growing numbers of older Europeans are choosing to work longer, reversing the previous trend toward early retirement – a development that could ease Europe’s aging population problem. more »

Birds threatened by land grab

The Saemangeum land reclamation project would use a 33-km (20.5 mile) sea dyke to reclaim an area of 400 square kms (155 sq miles), turning coastal tidelands that are key feeding areas for globally threatened birds into land for factories, golf courses and water treatment plants. more »

Whales die in mass stranding

Sixty – four pilot whales stranded on the north coast of Tasmania. more »

Rome calls in the bird-busters

For decades starlings have descended on the Italian city of Rome making it their winter home. more »