BDGN Breaking News!!!

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MoneyTreePicks
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# Posted: 3 Feb 2010 08:22
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Budget Center Reports Strong Demand for its Hotels Site

Companies:Budget Center Inc.
Related Quotes
Symbol Price Change
BDGN.PK 0.14 0.00

Press Release Source: Budget Center Inc. On Wednesday February 3, 2010, 9:00 am EST
LAS VEGAS--(BUSINESS WIRE)--Budget Center Inc. (OTC: BDGN.PK - News) (the “Company) is pleased to announce that since launching its online travel website www.budgethotels.com on Dec. 27, 2009, the number of new or unique visitors has been increasing by approximately 30% per week and is already in the thousands.

Online travel consumers have been quick to embrace the savings offered by www.budgethotels.com discounted hotel offerings and the customer feedback has been tremendous since the initial launch. Equally impressive to the growth in traffic has been a high percentage of click throughs and revenue for hotel bookings after the first 3 weeks, which is well above Management’s expectations and the industry average of 10%. The strong initial response has been achieved with no search optimization marketing (SEO) to date, which will be among Management’s plans for the next phase in the build-out of the site. The Company will also be providing a testimonial section on the site where customers can share their comments and experiences, a travel blog, extensive SEO marketing and the utilization of social networking sites such as Twitter, and Facebook.

President and CEO, Bob Chalmers commented, “Our industry partners are amazed by the initial response from consumers to the site and we are already raising our revenue projections based on the preliminary numbers that we are seeing to date. Clearly, our target market has embraced our “budget” brand and we look forward to continuing to build out and enhance the site with additional features. We also plan to embark on an aggressive marketing phase and to launch our other budget sites to increase our visibility and global brand.”

The Company has also recently been featured in a well known travel blog. To view the article click on the following link: http://www.tnooz.com/2010/01/22/news/new-website-to-shun-british-airways-cathay-pacif ic-for-southwest-jetblue/

Recent industry articles suggest that budget or thrift travel continue to be the first choice for consumers, which is forcing companies to change their marketing strategies. TravelMole www.travelmole.com has been reporting on this shift in the industry and is the most highly acclaimed and largest global online community for the Travel and Tourism Industry with over 450,000 registered newswire subscribers - travel and tourism professionals worldwide. The following links are recently published articles which support Budget Center’s mandate for providing its customers with the lowest priced online travel deals.

http://www.travelmole.com/stories/1140636.php

http://www.travelmole.com/stories/1140658.php

Budget Center’s owned online travel booking site www.budgethotels.com currently ranks #1 on Google search. TravelMole, the online community for the travel and tourist industry, recently reported that “Consumers are expected to embrace thrift for the long term and operators need to adapt to this.”

About Budget Center Inc.:

Budget Center Inc has commenced the development of its "budget" category domain network in the online travel and related industries. This program will include the development of the following highly relevant and valuable "budget" brand domains: budgethotels.com budgetairlines.com budgetentertainment.com budgetresorts.com budgetravel.com budgetskiing.com budgetadventures.com budgetcenter.com budgetcharters.com budget-cruise.com budgetfishing.com budgetinteractive.com. Budget Center is dedicated to delivering great value to its clients and customers. Through its websites, the Company will strive to offer a range of the best possible travel options for every budget. When shopping at any of the Company owned websites, visitors will receive great value and service always at budget prices. The Company will continually strive to meet its customer’s needs through ongoing market research, partnerships, and quality offerings at the best savings available.

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