Press Article

Tourico Holidays® Partners With HBSi, Expanding Connectivity to Tourico Hotel Supply.

Tourico Holidays' 17,000+ direct global hotel contracts will be integrated with HBSi's IDemand Gateway. - August 5, 2010
TH - Tourico Holidays

ALTAMONTE SPRINGS, Fla. (August 05, 2010) – Adding a key business partner to ease access to Tourico Holidays’ expanding line of global hotel offerings, the global wholesale travel brokerage company is now integrating with HBSi, an IBS Group company.

“Enhancing connectivity to Tourico Holidays’ hotel stock, this partnership will take our more than 17,000 merchant hotel agreements in over 2,500 destinations through the HBSi iDemand Gateway, allowing HBSi customers to buy our worldwide supply through their existing HBSi connection,” said Asi Ginio, EVP Product Development for Travel Holdings, Inc., parent company of Tourico Holidays.

The HBSi platform will provide speed and versatility for both Tourico Holidays and its customers, including easier access to better hotel rates, ultimately giving consumers a better value when making travel plans.  Additionally, HBSi technology will increase revenue for both Tourico Holidays and its suppliers by expanding business-to-business distribution in a seamless environment.

“We’re excited to partner with a growing industry leader like Tourico Holidays and improve online access and connectivity options to Tourico Holidays’ hotel suppliers,” said Greg Berman, HBSi’s Chief Operating Officer.  “Most importantly, this agreement will allow HBSi’s existing and future distribution partners to receive a more diverse, unique and attractive hotel portfolio.”

About Tourico Holidays

Tourico Holidays (www.TouricoHolidays.com) is a subsidiary of Travel Holdings, Inc., a worldwide travel distribution company. Tourico Holidays is a global wholesale travel provider with over 150 international distribution websites and more than 17,000 merchant hotel agreements, operating in 23 languages in over 100 countries. As a supplier to over 4,300 tour operators and travel agents, Tourico Holidays operates and maintains global websites and online interfaces that serve a large diversity of travel sellers.

About Travel Holdings®

Travel Holdings, Inc.® (www.travelholdings.com), one of the most distinctive and expansive travel distribution companies in the world, was created in early 2004 through the merger of Tourico Holidays®, LastMinuteTravel.com® and Travel Global Systems (TGS). Travel Holdings® uses proprietary technology to supply travel inventory at competitive pricing, integrating with all segments of the online travel industry including retail, wholesale, group, travel agents, corporate and affiliates. The company is a truly global organization with headquarters in Orlando and additional local offices across the United States, South America, Europe and Asia.

About HBSi

HBSi, an IBS Group company, works with both hotel companies and distribution outlets to provide a flexible and affordable channel management and connectivity platform. HBSi focuses on speed to market, direct connections and improved distribution management, as well as software integration services. HBSi’s hotel customers represent more than 15,000 hotels in over 50 countries worldwide, including Elite Island Resorts, Fairmont, Harrah’s, Kerzner, Raffles, Sandals and SuperClubs. The company’s travel partners include Travelocity, Expedia, Orbitz and Booking.com. For more information, visit www.hotelbookingsolutions.com.

Media Contacts:

Sean Hixson
Weber Shandwick
(314) 552-6760
shixson@webershandwick.com

Lauren Volcheff
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

Lisa Barker
HBSi, Inc.
(678) 391-3099
lbarker@hbsconnect.com