CNG Enters Budget Market
UNITED KINGDOM, Juyly 7, 2005. CNG Travel Group has signed an inventory co-operation agreement with dynamic packaging venture, lowcostbeds.com, which will expand hotel choice and geographic coverage for customers of both businesses.
CNG's Travel Lodging Connector (TLC) booking tool will be integrated into agents' desktops to provide real-time booking of CNG hotels, at very competitive private rates and paying above-average commission, as well as lowcostbeds' sun and beach hotel inventory.
Tim Wright, CNG senior vice president for business development in EMEA, said, "The agreement means that lowcostbeds will substantially enhance its dynamic packaging content for agents and other end customers. Our largely city-centre locations will complement lowcostbeds' summer sun inventory, and vice versa, which will widen choice and help drive bookings and revenue for both businesses. Everyone wins with this deal."
Paul Evans, Lowcostbeds Founder, commented: "Lowcostbeds was created to provide a fast, efficient and reliable dynamic packaging service for agents. Our initial focus on Mediterranean hotel properties has widened to include flights and other travel products for those independent travellers wanting tailor-made holidays. CNG's and its hotel programme is an ideal partner that will widen choice and lift bookings from our trade customers."
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