Travelweb Launches Internet's First Weekly Hotel Discount Program

TravelWeb Launches Internet's First Weekly Hotel Discount Program "Click-it! Weekends" Hyatt Hotels and ITT Sheraton Corporation are First to Participate

DALLAS, November 29, 1996 -- Travelers who are keen to take advantage of deep discounts for last-minute travel, and who have access to the World Wide Web will enjoy TravelWeb's "Click-it! Weekends," a special weekly hotel discount program introduced today by Pegasus Systems, Inc., parent company of TravelWeb, Inc.

TravelWeb's (www.travelweb.com) newest on-line feature, Click-it! Weekends is a special section that changes weekly, offering featured hotels' lowest published rates for the coming weekend. Rates are available for Fri/Sat/Sun. arrivals with departures on Sat/Sun/Mon. Launched as a pilot, the first hotel companies to participate are Hyatt Hotels and ITT Sheraton Corporation. This added feature makes TravelWeb the only site on the World Wide Web that offers special, last-minute weekend discount hotel rates with the ability to make on-line, real-time, reservations.

TravelWeb's Click-it! Weekends enables Internet users to take advantage of participating hotels' discounted hotel room rates, which are the lowest of any published rates for featured hotels, and are published only on TravelWeb.

A sampling of some the rates include:

***Weekend of November 29

Sheraton Gateway Atlanta

Atlanta, Georgia

TravelWeb's Click-it! Rate: $60

Hyatt Regency Hill Country Resort

San Antonio, Texas

TravelWeb's Click-it! Rate: $136

***Weekend of December 6

Sheraton Music City

Nashville, Tennessee

TravelWeb's Click-it! Rate: $79

Grand Hyatt Washington

Washington, D.C.

TravelWeb's Click-it! Rate: $99

TravelWeb users who are members of either Hyatt Hotels' or ITT Sheraton's frequent guest programs will receive bonus frequent guest points or miles toward a free night's stay when they complete their Click-it! Weekends stay. Stays resulting at the Hyatt properties listed on Click-it! Weekends entitle Gold Passport Members the ability to earn 500 bonus Passport points. ITT Sheraton offers ITT Sheraton Club International (SCI) members a 250 ClubMile bonus with each stay booked through TravelWeb's Click-it! Weekends.

"Click-it! Weekends captures the beauty of the Web," said Pegasus Systems, Inc. CEO John F. Davis III. "It's real-time and extremely flexible, enabling consumers to take advantage of last-minute deals for the coming weekend. With Click-it! Weekends, hotels can take advantage of net-based dynamic pricing and quickly respond to the ups and downs of consumer demand by posting their last-minute vacancies."

Frank Camacho, Senior Vice President, Director of Marketing & Operations Staff, ITT Sheraton North America Division said, "Click-it! Weekends allows us to offer attractive prices at selected hotels in varying locations, for the coming weekend, to people who can decide quickly where they want to go for a weekend getaway, and who have access to the World Wide Web. This lets us reward the loyal Sheraton customer who stays informed about Sheraton through the Internet with some outstanding values."

Thomas F. O'Toole, Vice President of Marketing, Hyatt Hotels Corporation, added, "Both the customer and the hotel benefit when we can quickly decide to deliver a dramatically appealing price for a hotel room on a weekend when it might otherwise have been empty. We have committed to make the prices low so that customers will visit Click-it! Weekends frequently, and we have varied the locations of our hotels to provide the variety that travelers typically prefer for weekend getaways."

Davis added, " It's a 'win-win' situation. Travelers who can plan a trip with a couple days' notice can find new opportunities every week throughout the year by making the booking themselves in this special section of TravelWeb."

The Click-it! Weekends logo is flagged on TravelWeb's home page, ensuring visibility. The rates and hotels listed on Click-it! Weekends are posted on TravelWeb beginning every Monday and are exclusively applicable for the following weekend. Travelers who visit the site will also have the option to request a weekly email update from TravelWeb with the current listing of the Click-it! Weekends hotels and rates.

TravelWeb launched its hotel reservations capability nearly a year ago and has quickly become one of the Internet's leading on-line travel reservations and information systems. TravelWeb's on-line sales attest to its growing popularity. Since the beginning of 1996, the site has processed more than $3.5 million in hotel room sales. In August, TravelWeb added airline reservations and will add car rental reservations in 1997. "TravelWeb is becoming the perfect Web site for the 'book-it-yourself traveler' to go to when they need 'one-stop' travel reservations," Pegasus CEO Davis said.

"The advantage TravelWeb brings to cyber travelers can be simply put: It's simple. Users can zip through the system and book a flight or hotel room in minutes if need be. It's quick, it's fast, it's real-time and it's accurate. Since it can only be accessed using a secure browser such as Netscape Navigator or Microsoft Internet Explorer, it's safe. Users can transmit their credit card numbers with confidence,"

Davis said.

Designed to expand in 1997, "Click It! Weekends" will be open to any hotel company next year, offering cyber travelers an even broader selection of hotels.

Dallas-based TravelWebSM (www.travelweb.com) enables consumers to reserve and purchase airline tickets and make credit-card guaranteed reservations at more than 8,000 hotels in more than 125 countries worldwide, including 67 different hotel brands and 12 of the world's largest hotel chains. On TravelWeb, the "book-it-yourself traveler" can shop for the ideal hotel and airline flight and make a secure credit card-guaranteed reservation or purchase and receive a confirmation within seconds. TravelWeb users in more than 110 countries access more than 2.5 million pages per month.

TravelWeb is a service mark of TravelWeb, Inc.Pegasus Systems, Inc. disclaims any proprietary interest in the trademarks or names of companies listed.