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Budgethotels Network Inc. Announces the Appointment of President

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thepennyking   Tuesday, 01/06/04 08:44:11 PM
Re: thepennyking post# 6
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Budgethotels Network Inc. Announces the Appointment of President and CEO
Friday November 14, 9:00 am ET


VANCOUVER, Nov. 14 /PRNewswire-FirstCall/ - Budgethotels Network Inc. (OTCBB: BUDH - News) is pleased to announce the following executive appointment intended to facilitate the further development of the company's asset base.
- Mr. Gary R. Reagh of Vancouver, B.C. has been appointed President, CEO
and director of Budgethotels effective Monday, November 17, 2003. Mr
Reagh brings a highly successful background in business and financial
management to the company. It is intended that the Board of Directors
will be further increased in order to effectively represent the
shareholder's interests.

- Corporate headquarters has moved from Kelowna, BC to Vancouver, BC and
will be located at the following address:

1260 Hornby Street
Vancouver, B.C. Canada
V6Z 1W2

ABOUT BUDGETHOTELS:


Budgethotels Network Inc. provides services for the "budget" traveler through two compatible networks;

(1) Reservation Centers; Advertising and commission revenues are received
by the company through its Reservation Centers located in major
transportation terminals under long term exclusive agreements with
Amtrak, Greyhound Lines, New York Port Authority and Via Rail.
(2) Online travel reservations; The company's primary website,
www.budgethotels.com, features more than 45,000 hotels, motels, bed
and breakfast and youth hostels around the world.

For further information contact
Investor Relations at:
1.877.633.1337
investors@budgethotels.com




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