SymbolBDGN

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Budget Center Announces LOI with HotelsCombined.com

2009-11-20 15:30 ET - News Release


LAS VEGAS -- (Business Wire)

Budget Center Inc. (OTC: BDGN) (the “Company) is pleased to announce that the Company’s owned travel website www.budgethotels.com has signed a Letter of Intent (“LOI”) for a “white paper affiliate” agreement with Hotels Combined Pty Ltd. of Sydney, Australia.

The terms of the LOI outline an agreement with HotelsCombined.com to proceed with a complete corporate build out utilizing Hotels Combined’s extensive worldwide inventory to deliver a “Budget” brand to the end user customer.

President and CEO of Budget Center Bob Chalmers commented, “We are very excited about the potential revenues Hotels Combined will be able to generate for Budget by providing access to over 900,000 global hotel deals from over 30 merchants. This is a great opportunity for the Company to become a complete global brand by allowing our customers from all over the world to find the best deals and to have it delivered in 14 languages, 118 currencies, and in 195 different countries.”

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