| LUCERNE, SWITZERLAND August 8, 2000 - Known
for its comprehensive hotel listings in more than 200 countries, Switzerland-based
Hotelguide.com (www.hotelguide.com) is announcing major changes within
the company including new funding, executive management restructuring and
an expanded product line. Taking effect early May, Hotelguide.com is now
backed by a major European venture capital group, and is benefiting from
a significant capital infusion. Present and future customers will
profit from new marketing initiatives, enhanced customer support processes,
and critical improvements to the technology platform driving Hotelguide.com�s
booking engine.
Outside funding was essential in order to keep up with increasing demands.
Starting with the web site re-launch in September, 1999, Hotelguide.com�s
growth curve is on the rise. Once distinguished for an annual print guide,
Hotelguide.com is now recognized as a leading hotel content provider in
the e-commerce and wireless arenas. Vice President of Business
Development Stephen Fraser states, �Hotelguide.com acknowledged early-on
that the emerging wireless space is an extraordinary venue for linking
users directly with hotels.� He further explains, �With the support of
a robust web presence and a globally distributed CD-ROM product that will
be accessible by DVD later this year, Hotelguide.com is forging ahead in
our quest to become the number one hotel broker in the world.�
| Hotelguide.com is combining the best of its old
and emerging technologies to provide alternative advertising and distribution
solutions to corporate hotel chains, franchises and individually-owned
properties in the United States. In addition to the Hotelguide.com
web site, which receives more than a half million unique visits monthly,
and a successful affiliate program placing the Hotelguide.com booking engine
on thousands of complementary web sites, they offer all hotel clients the
opportunity for placement in the wireless directory accessible by millions
of mobile phone users throughout Europe, Asia and North America.
Hotelguide.com�s seasoned executive team members have extensive backgrounds
in the hospitality, technology and marketing fields. Under the new
leadership is a global force of account managers strategically placed in
major markets. Stephen Fraser states, �Hotelguide.com sees the hotel
industry as a potential pool of partners, where the common interest is
to provide the means to allow a massive audience to have access to rich
content, and to book rooms directly with minimum intervention.�
Look for Hotelguide.com to make waves |
Founded in 1991 in Lucerne, Switzerland, Hotelguide.com
is an international broker supporting the hospitality industry.
Hotelguide.com is a privately funded, international hotel
directory representing more than 60,000 hotels in 200 countries. Hotelguide.com's
listings can be accessed via the web site and most Internet-enabled
mobile phones, in addition to a globally distributed CD
ROM and print directory.
The web site offers searching capabilities in six
languages, secure online reservations, detailed free information,
and a multi-lingual affiliate program. In addition to extensive United
States, Asian and South American listings, Hotelguide.com�s European
listings are unmatched on the web.
Management Team:
Stephen Fraser - V.P. Business Development
Rolf Marti - V.P. Strategic Alliances
Beat Risi - V.P. Technology
Hans-Peter Steffen - V.P. Sales
Erich Steinegger - V.P. Finance
Daniel Vogel - V.P. Marketing |
|
in the online travel industry over the coming months. Stephen Fraser
states, �One of the major hurdles of companies in today�s market is to
effectively manage growth. Hotelguide.com will use our new capital,
direction from our retooled management team, advisement from our board
of directors, as well as groundbreaking technologies to give exceptional
service to our valued hotel clients and site visitors.� |
