This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item: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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