Press Release: Hotel Reservations Network
July 13, 2001
DALLAS, TX -- Hotel Reservations Network (Nasdaq: ROOM), the leading provider of discount hotel rooms worldwide,
today announced the launch of its luxury hotel web site allluxuryhotels.com
. Officially launched today, the site offers accommodations at more than 600 four- and five-star properties in
over 90 destinations in North America and Western Europe.
``The addition of allluxuryhotels.com adds to our stable of hotel web sites and fills an important niche, which
until now was not served, in the luxury hotel marketplace. It is a logical fit for the HRN business model as it
offers our consumers a complementary travel-related product. The luxury consumer is looking for the ability to
easily comparison shop rates, amenities and other features of a large selection of luxury-only hotels among chain,
independent and boutique properties. Allluxuryhotels.com provides luxury travelers a one-stop source for their
lodging needs. And, as always, we will seek to provide the best value for our luxury customers,'' said Bob Diener,
President of HRN.
The site meets the growing demand among HRN's current and new four- and five-star hotel partners to display their
properties among hotels only in their category as well as for HRN luxury customers, for whom price is not always
the foremost consideration when choosing a hotel. Allluxuryhotels.com also opens the door to new affiliate opportunities
within the premium shopping and prestige segment of on-line commerce.
Diener noted that traffic and booking activity at the site has increased steadily since its initial test period
of just two weeks. The site will leverage HRN's successful business model and existing infrastructure utilizing
the company's online, call center and fulfillment capabilities.
The site features accommodations in premier properties including the Regency in New York, the Portofino Bay in
Orlando, the Loews in Miami Beach, the Aladdin in Las Vegas, the Drake in Chicago, the Mark Hopkins in San Francisco,
the Le Meridien in New Orleans, the Boulders Resort in Scottsdale and more.
Hotel Reservations Network, a majority-owned subsidiary of USA Networks, Inc.'s (Nasdaq: USAI) Interactive Group,
is the number one consolidator of discount hotel accommodations worldwide, providing service through its own Web
sites ( www.180096hotel.com and www.hoteldiscount.com
, www.condosaver.com , www.travelnow.com
and www.allluxuryhotels.com ), more than 18,600 affiliated Web sites,
and several toll-free call centers (1-800-96HOTEL). HRN provides travelers with a one-stop shopping source for
hotel pricing, amenities and availability. HRN also specializes in providing travelers with accommodations for
sold-out periods in major cities.
SOURCE: Hotel Reservations Network