TRAVELBYUS schon wieder +25%
rabbit : TRAVELBYUS schon wieder +25%
WHITE ROCK, British Columbia, Feb. 11 /PRNewswire/ -- travelbyus.com ltd. (TSE: TBU; Frankfurt Stock Exchange:TVB) is pleased to announce it has entered into an agreement to purchase Bell Travel Systems (``BTS Travel''), a privately held travel company, based in Scotts Valley, California. BTS Travel currently has 1,200 travel agency members. The agreed purchase price is US$3.8 million. Half of the purchase price will be in cash and the other half in common shares of travelbyus.com based on C$4.00 per share.
Bill Kerby, CEO of travelbyus.com, said, ``Once again, we are acquiring a profitable company, but, more importantly, one which brings us another step closer to having a nationwide 'clicks and mortar' presence in the U.S.''.
Mr. Kerby continued, ``travelbyus.com's competitive edge over other Internet travel companies such as Expedia, Preview Travel and Travelocity is that it is the only 3C company -- 'Click, Call, or Come In'. When the acquisition of Bell Travel Systems is completed, travelbyus.com will have 2,700 travel agencies across America. This distribution system will include Bell Travel Systems, Cruise Shoppes of America, International Tours and Galaxsea Cruise. These agencies combined handle over C$8 billion in travel transactions and have a trailing twelve month unaudited earning (EBIT) in excess of C$3 million. This is an integral part of the 'Come In' piece of our business model. travelbyus.com will be integrating its agencies into the Company's website beginning in April, pending the completion of the sites content.''
Jack Bell, founder of Bell Travel Systems, said, ``Our members are very pleased with this announcement because they are now part of one of the best travel Web sites and the unique 1-800-i-TRAVEL marketing program.'' Mr. Bell continued, ``In today's travel industry, size is important. With travelbyus.com, we are now one of the dominant players. I look forward to a long relationship with travelbyus.com as this means more profit for my members and I am happy about this.''
travelbyus.com is an Internet based travel company that is integrating some carefully selected traditional travel companies to give it a significant competitive advantage on the Web utilizing its Web site http://www.travelbyus.com.
SOURCE: travelbyus.com ltd.
rabbit : Cheap Seats is pleased to announce our newest airline contract.
Cheap Seats is pleased to announce our newest airline
contract, China Airlines. Cheap Seats and China
Airlines have teamed up to offer the lowest fares to
Asia from all points throughout the United States.
China Airlines has given Cheap Seats thirteen
destinations throughout Asia that we can sell to you
at reduced rates! See our ads for our 'Asia' specials
or call our reservations department at 1-800-451-7200.
We will have our website updated shortly to be able to
offer these fares on our website www.cheapseats.org.
Cheap Seats is also pleased to announce our new
relationship with AOM French Airlines. Cheap Seats now
has consolidator rates from Los Angeles to Paris
nonstop! Again, please call our reservations
department at 1-800-451-7200 and ask about fares to
Paris on AOM!
Remember, Cheap Seats is now part of travelbyus.com,
the internet leader for your travel needs. We
encourage you to check out their website and see how
Travelbyus.com can save you money on airfares,
vacation packages and discount cruises.
Look for our logo on the Travelbyus.com website!
Thank you for your continued patronage.
Please do not respond to this email address.
Please contact reservations at 1-800-451-7200.
Worldwide Travel Place, Inc.
(800) 451-7200 ext. 31
rabbit : travelbyus.com to Operate Midway Airlines Vacations
travelbyus.com to Operate Midway Airlines Vacations
WHITE ROCK, British Columbia, Feb. 14 /PRNewswire/ -- travelbyus.com ltd. (TSE: TBU; Frankfurt Stock Exchange: TVB) announced today that it has signed an agreement with Midway Airlines Corporation to operate its private label tour product, Midway Airlines Vacations. travelbyus.com will begin promoting and taking reservations for Midway Vacations on February 26, 2000.
Products offered under the Midway Airlines Vacations name will initially include air/land inclusive packages to Orlando, Jacksonville, Tampa and Miami/Fort Lauderdale. Myrtle Beach and other Midway Airlines destinations will be added in the near future. The travelbyus.com cruise products, which include discounted rates on several cruise lines, will also be offered with air add-ons under the Midway Airlines Vacations private label operation. Based on historical traffic, travelbyus.com estimates gross revenue for the product at $6 million annually.
Midway Airlines, headquartered in Raleigh-Durham, North Carolina, is a high quality full service airline, and, in conjunction with its commuter partner, Corporate Airlines, operates 232 daily flights. Midway Airlines recently took delivery of the first of 17 new Boeing 737's. Midway serves 26 destinations in 15 states and operates the youngest fleet of all jet aircraft in the country. Midway Airlines Vacation travelers will receive American Airlines AAdvantage® program miles for most flights on Midway Airlines.
``We are delighted to be selected as the exclusive in-house tour operator for such a fine airline,'' said Executive Vice President, John Fenyes. ``We are confident we can deliver a quality, vacation program with competitively priced packages to leisure destinations in Florida and along the East Coast,'' said Fenyes.
travelbyus.com is a vertically integrated travel company, which has recently acquired a number of travel related companies including a tour operator, a travel agency consortium, a provider of discount airline tickets, a travel television show and an advertising and media-buying service. The travelbyus.com Web site offers all of the company's travel products as well as provides information and video on leisure destinations throughout the world. The site will feature the ability to chat on-line with a travel specialist while navigating, or to request an immediate call back from one of the travelbyus.com operators who are standing by 24 hours a day.