Online Travel Corporation PLC
2 November 2000
Online Travel Corporation plc
New strategic partnership with telegraph.co.uk
telegraph.co.uk has signed a deal with Internet travel service provider Online
Travel Corporation plc ('OTC'), to provide online booking on its forthcoming
Travel Channel. Currently telegraph.co.uk offers browsers up to the minute
international, domestic and financial news, as well as sport, lifestyle and
recruitment information.
The new travel site will offer telegraph.co.uk users the opportunity to choose
from the full travel service offered by OTC, including bespoke package
holidays, flights, hotels, car hire, late deals and travel insurance. It will
also provide users with features on travel destinations, travel reviews and
other essential tips to make online travel planning hassle free.
Browsers will be able to tailor their requirements with options to search by
destination, type of travel, cost and length of stay. Holidays can also be
selected by a variety of categories such as activity, adventure, honeymoons,
skiing, city breaks or even shopping.
'This new deal will strengthen the Telegraph's position on the net as a travel
provider,' said Alex Hole, sales manager, telegraph.co.uk. 'OTC will provide
our browsers with an excellent choice of travel ideas without having to pick
up the phone or move from their desk. All the research and transactions will
be done at the click of a mouse.'
Commenting on the new deal, OTC Managing Director Mark Jones said:
'We are very excited about this partnership. The Telegraph has long been
synonymous with travel and we will offer telegraph.co.uk users a full online
travel service supported by our call centre. The telegraph.co.uk user profile
is ideally suited to the new bespoke travel booking module we expect to have
available for the launch.'
For further information, please contact:
OTC
Mark Jones, Managing Director Tel: +44 (0) 20 8255 5521
Robert Falkner, Finance Director Tel: +44 (0) 20 8607 9281
Buchanan Communications
Nicola How / Isabel Petre Tel: +44 (0) 20 7466 5000
Notes to Editors:
On Line Travel Corporation plc
OTC is an Internet based travel technology and distribution business,
providing a comprehensive range of technological solutions, travel products
and ancillary travel services to ISP's, Media and Affinity Groups and
Corporate Organisations.
It provides bespoke technology solutions linked to its wide product range to
produce a one-stop travel service through the Internet, supported by telephone
call centres for leisure and corporate clients to fulfil their travel needs.
OTC provides a comprehensive range of travel products and ancillary travel
services is both a travel agent and tour operator. OTC strategy focuses 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.
OTC has launched 47 travel sites with Strategic Partners in 9 months - 35
within leisure travel, 6 within corporate travel and 6 within concession
travel. This has increased OTC's potential customer base to over 10 million
online users.
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.
telegraph.co.uk
* telegraph.co.uk was launched as the Electronic telegraph in 1994 and it
was the UK's first national on-line newspaper. From late autumn 2000 it
will launch new, commercially-driven channels.
* telegraph.co.uk is part of Hollinger Telegraph New Media (HTNM) - the
online development and investment arm of Telegraph Group Limited and
Hollinger International Inc.
* HTNM was established in 1999 and aims to leverage the media expertise
and content of the Hollinger Group of companies, including Telegraph Group
Limited.
2 November 2000
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