|June 01, 1999|
BUDGET RENT A CAR AND PEGASUS SYSTEMS' TRAVELWEB.COM PARTNERSHIP
|Budget Rent a Car Corporation and Pegasus Systems, Inc. have announced that Budget will be the exclusive car rental partner on Pegasus' TravelWeb.com Internet site, one of the world's largest interactive travel sites. In turn, TravelWeb.com becomes the exclusive online hotel and air reservation provider featured on Budget's Web site: www.drivebudget.com.|
"Our presence on TravelWeb.com extends our reach to an enormous number of potential travelers and further heightens awareness of the Budget brand on the Internet," stated Mark Sotir, president, Budget Rent a Car
Corporation. "Through our partnership with TravelWeb.com, we're making it very convenient for our mutual consumers to book car rentals at the same time they make their other online travel plans, and vice versa."
"Since a large percentage of TravelWeb.com users are booking their hotels for 'road trips', the immediate access to Budget is a natural accompaniment," said John F. Davis, III, president and chief executive officer, Pegasus
Systems. "Likewise, prominent exposure on Budget's home page allows us to reach a captive audience of consumers who are predisposed to buying travel online, further boosting our brand awareness among this growing segment of Internet users."
Launched in 1994, TravelWeb.com provides travelers anywhere in the world with direct access to the central reservation systems of nearly 26,000 hotels to check room availability, shop for the best rates, and conduct secure online reservations on a real time, interactive basis. In addition to Budget's car rental reservations, other features on TravelWeb.com include airline flight reservations, hotel photos, maps, weather, currency conversion and special discount programs, making TravelWeb.com a perfect "one-stop" travel site for both leisure and business travelers.
From now until May 31, 1999, consumers visiting Budget's Web site can take advantage of a special 20 percent discount promotion on U.S. car rentalreservations booked online. Web visitors should also frequent Budget's
"Hot Deals" section for the latest in special offers from coast to coast. Other highlights on the site include comprehensive information about the company's worldwide products and services; a listing of rental locations by geographic area; travel tips and drivers' guides.
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