Online Travel Corporation PLC
3 July 2000
Online Travel Corporation plc
New online sites for British Airways Preferred Agents and Institute of Travel
& Tourism
Online Travel Corporation plc ('OTC') has a new exclusive contract with
British Airways to operate the Preferred Agents Travel Club (PATC) for up to
50,000 travel trade employees.
OTC will allow members of PATC online access to concessions for holidays and
leisure travel on British Airways routes throughout the world. Members will
also have access to thousands of travel concessions on hotels, car hire,
packaged holidays and nine of the world largest cruise companies, in addition
to concessions on Eurotunnel, Hoverspeed, Irish Ferries and ancillary products
such as airport car parking, travel insurance, sunglasses and cameras.
(http://www.patc.co.uk)
Commenting on the new club, OTC Managing Director, Mark Jones said:
'OTC's pioneering technology will offer PATC members exclusive access to
the very best travel concessions 24 hours a day 7 days a week, but members
will still have the comfort and security of our dedicated call centre
support.'
OTC has also launched a new integrated travel site for members of The
Institute of Travel & Tourism (ITT). (http://www.ittonline.co.uk)
OTC has now launched five sites for the travel trade this year and has already
signed up over 60,000 travel trade employees as members.
Travel Agents Travel Club (http://www.tatc.co.uk)
Thomas Cook Staff Travel Club (http://www.tctclub.co.uk)
International Travel Industry Club (http://www.iticonline.co.uk)
British Airways Preferred Agents Travel Club (http://www.patc.co.uk)
Institute of Travel & Tourism Club (http://www.ittonline.co.uk)
For further information, please contact:
OTC Tel: +44 (0) 20 8255 2247
Mark Jones, Managing Director
Robert Falkner, Finance Director
Buchanan Communications Tel: +44 (0) 20 7466 5000
Nicola How / Isabel Petre
Notes to Editors:
OTC is a travel agent and tour operator providing a comprehensive range of
travel products and ancillary travel services. It provides a one-stop travel
service through the Internet and through telephone call centres for leisure
and corporate clients to fulfil their travel needs.
OTC's activities and approach concentrate on low-cost routes to market with
lower customer acquisition costs compared to that of a mass market consumer
brand and is focused on selected business areas
Since October 1999, OTC has launched 27 websites, including its own brands for
leisure and business travel, and 24 with a range of strategic partners, travel
trade clubs and affinity groups. These strategic partners include ISPs,
specialist e-businesses, media and telecommunications companies, including
LineOne, Freeserve and Virgin.net and they provide OTC with access to a
potential customer base currently exceeding 5 million online users per month
OTC is quoted on the Alternative Investment Market of the London Stock
Exchange, having been admitted in June of this year after raising £6.5
million.
30th June 2000
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