20 May 2008

New net hotel rate program said to be a first

Fare Buzz launched a new, web-based hotel booking engine Ã¢â¬' which it says is an industry first Ã¢â¬' that allows travel professionals to book hotels at net rates in over 100,000 hotel and resort properties.

Ã¢â¬ÅâœThis innovative program offers quality-inspected properties in more than 200 countries, worldwide, with hotels ranging from budget to luxury accommodations. The savings are substantial, 30-40 percent off retail prices,Ã¢â¬~ says the site.

The new hotel program provides travel professionals with access to pre-negotiated wholesale rates, as well as the best available rates, categorized as Ã¢â¬ÅâœSuper NetsÃ¢â¬~ and Ã¢â¬ÅâœSuper Savers.Ã¢â¬~

Agents can now add their mark-up at the time of booking and receive their commissions within a week of booking.

Ã¢â¬ÅâœTravel agents are tired of waiting for their commissions and want their money fast,Ã¢â¬~ said Arnold Walter, President and CEO of Fare Buzz.

The new hotel program is based on a technology which gives search results in seconds and instant booking confirmation. Reservations can be made on the web site 24/7 or by telephone seven days a week.

Established in 1994, Fare Buzz is a New York-based travel supplier that has grown to become one of the largest travel suppliers in the country.

Report by David Wilkening