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Vacation.com enhances hotel program through alliance with Radius
Tuesday, April 24, 2007
The hotel program for member agencies of Vacation.com has been expanded and enhanced as a result of a preferred supplier alliance with Radius. The addition of the Radius Preferred Hotel Rate Program which has several features for business travelers complements the Vacation.com hotel program already in place with CCRA International.

“With the addition of RADIUS and their unique GDS-based cutting-edge technology, we are enabling our members to offer their clients the best accommodations at the best rates,” said Steve Tracas, president and CEO, Vacation.com.

Tony Hughes, president and CEO for Radius offered: The addition of Vacation.com to the Radius Preferred Rate Program to achieve shared strategic goals and efficiencies will no doubt be a great success. The established objectives of this endeavor are clear, and the measurable growth of what is already an industry-leading program - the Preferred Rate Hotel Program - through our enhanced negotiating power with the vendors and the increase in booked room nights is beneficial to both our organizations. We also know from our own experience that their use of the Wheel will further enhance their competitive advantage within their industry niche.”

Through the alliance, Radius is offering Vacation.com member agencies the Wheel, a fee-based tool, free for three months with an option to continue to use the program at reduced negotiated rates.
Vicky Karantzavelou - Tuesday, April 24, 2007
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How will the currently developing financial crisis and oil prices rally affect the tourism industry?.

they will have temporary and minimal effect and the situation will stabilize in a year or two

we should be looking at a restructuring in the international tourism movements and trends

it is still too early to access the impact on world tourism, medium or long term

we will see more tourism closer to home, and less international travel

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