Dollar Forms Online Travel Partnership with Hotel Reservations Network
12 April 2000
Dollar Forms Online Travel Partnership with Hotel Reservations Network
TULSA, Okla., April 12 Dollar Rent A Car has formed an online travel partnership with Hotel
Reservations Network , http://www.hoteldiscount.com -- the Internet's
leading provider of discount hotel accommodations worldwide and supplier of
hotel lodging during sold out periods.
Now, when customers go to the home page of the DOLLAR(R) Web site,
http://www.dollar.com or to the home page of the DOLLAR full-service travel Web site,
http://www.DollarTravel.com, they can click on the hoteldiscount.com promotion icon
to receive savings of up to 65 percent off regular hotel rates.
"Now, customers who book their car rental on dollar.com or book their
other travel needs on DollarTravel.com, can receive exceptional rates on hotel
accommodations," Charlie Coniglio, DOLLAR Executive Director, Marketing said.
"Dollar constantly strives to offer additional savings and convenience to our
customers, and our partnership with Hotel Reservations Network is another way
we are able to do just that."
Bob Diener, President, Hotel Reservations Network said, "Linking
dollar.com and DollarTravel.com with Hotel Reservations Network, creates a
powerful and convenient tool for today's busy travelers. We look forward to
working with our new partners at Dollar as we continue to enhance our
customers online booking experience."
About Dollar Rent A Car
Dollar Rent A Car, a subsidiary of the Dollar Thrifty Automotive Group
Inc., , has approximately 430 worldwide locations in 26 countries,
with a significant presence in Australia, Canada, the Caribbean and Latin
America, including 260 locations in the United States. The company and its
licensees have locations at most major airports across the nation, and a fleet
of 97,000 vehicles. Through its alliance with Sixt rent a car, Dollar offers
service in more than 25 additional countries covering Europe, the Middle East
and Africa. DOLLAR worldwide headquarters is located in Tulsa, Okla. For
additional information, the DOLLAR Web address is dollar.com. Dollar.com is
the number one ranked Internet car rental site by Gomez Advisors.
About Hotel Reservations Network
Hotel Reservations Network, Inc., a majority-owned subsidiary of USA
Networks, Inc. , is the Internet's leading provider of discount
hotel accommodations worldwide and supplier of room availability during sold
out periods. HRN supplies travelers with an easy-to-use, one-stop source for
the guaranteed lowest hotel rates through its Web sites, http://www.hoteldiscount.com
and http://www.180096hotel.com, at over 2,000 affiliate Web sites and by calling
HRN's 24x7 toll-free call center (1-800-96-HOTEL). HRN provides
accommodations at over 1,500 hotels in more than 45 major markets in North
America and Western Europe. For more information about HRN, visit the
Company's Web sites at http://www.hoteldiscount.com and http://www.180096hotel.com.
Some of the statements contained in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Although Dollar Thrifty Automotive Group, Inc.
believes such forward-looking statements are based upon reasonable
assumptions, such statements are not guarantees of future performance and
certain factors could cause results to differ materially from current
expectations. These factors include: economic and competitive conditions in
markets and countries where the companies' customers reside and where the
companies and their franchisees operate; changes in capital availability or
cost; costs and other terms related to the acquisition and disposition of
automobiles; and certain regulatory and environmental matters. Should one or
more of these risks or uncertainties, among others, materialize, actual
results could vary from those estimated, anticipated or projected. Dollar
Thrifty Automotive Group, Inc. undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results over time.
This news release contains "forward-looking statements" within the meaning
of section 21E of the Securities Exchange Act of 1934, as amended. HRN has
based these forward-looking statements on its current expectations and
projections about future events, based on the information currently available
to it. These forward-looking statements are principally contained in the
sections "Risk Factors," "Management's Discussion and Analysis of Financial
Condition and Results of Operations" and "Business" in HRN's prospectus filed
with the SEC on February 25, 2000 and available upon request from HRN or on
HRN's websites, http://www.hoteldiscount.com and http://www.180096hotel.com, under the
heading "Investor Relations." The forward-looking statements include among
other things, statements relating to HRN's anticipated financial performance,
business prospects, new developments, new strategies and similar matters.
These forward-looking statements, are subject to risks, uncertainties and
assumptions that may affect the operations, performance, development and
results of HRN's business and include, but are not limited to, the risk
factors described under the section "Risk Factors" in HRN's prospectus filed
with the SEC on February 25, 2000 and the following: 1) material adverse
changes in the economic conditions in HRN's markets; 2) future regulatory
actions and conditions in HRN's operating areas; 3) competition from others;
4) product demand and market acceptance; 5) the ability to protect proprietary
information and technology or to obtain necessary licenses on commercially
reasonable terms; and 6) the ability to obtain and retain key executives and
employees. HRN undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or any other reason. In light of these risks, uncertainties and
assumptions, the forward-looking statements discussed in this press release
may not prove correct.