Jan 27, 2010 (Close-Up Media via COMTEX) -- Budget Center Inc. announced that
the Company's plans for developing and launching its "Budget" brand group of
websites targeting the growing number of thrift minded online travel consumers
is well underway.
The Company's budgethotels.com website has generated an impressive number of
visitors and the initial feedback has been exceptionally positive. Revenues are
growing daily 24/7 and the conversion rate so far is 45 percent, which is much
higher than expected as the industry average is a 10 percent conversion rate.
Management is continuing to work with its industry IT experts, The Wendling
Group, and Sidney, Australia based Hotels Combined to add new features and
content in an effort to draw more new visitors and offer repeat customers a
better overall online experience and help save them more money on their future
travel bookings.
The Company expects to launch its second domain budgetresorts.com by the end of
January 2010 in collaboration with Minneapolis, MN based Connexions CLTS, the
provider of San Francisco-based EzRez Software Inc. and a US based provider of
travel solutions for loyalty programs. The site is expected to offer the largest
inventory of travel content available on the internet all at "budget" prices for
consumers.
The Company is also preparing to launch its budgetskiing.com domain as a result
of a joint venture and marketing agreement with former world freestyle champion
Lauralee Bowie and her company, Lauralee Bowie Ski Adventures, located in
Vancouver, British Columbia, the host city of the 2010 Winter Olympics.
President and CEO, Bob Chalmers, noted, "We are very pleased with our progress
to date and the response that we have received for our "budget" brand and
websites. We plan to continue developing and launching all 12 of our budget
URL's, which should provide the company with impressive revenue growth as we are
operating on attractive booking commissions and our conversion rates are much
higher than the industry average, which endorses our business plan of targeting
the price conscious or "budget" online travel consumer."
