TRUST International Announces Contract Renewal with Mövenpick Hotels & Resorts

"Mövenpick Hotels & Resorts enjoys a successful relationship with TRUST International Hotel Reservation Services since 1997. TRUST's superior technology and services, has helped to significantly improve our global distribution performance and satisfy our reservations needs, cost effectively," said Steven Nikolov, senior vice-president sales & marketing for Mövenpick Hotels & Resorts. "We see the recent acquisition of TRUST by Cendant as very positive and hope that Cendant's resources, backing and support of TRUST will ultimately also benefit our organization as we look forward to a continued and strong partnership with TRUST."

Mr. Nikolov added that he highly values the quality of services provided by TRUST and the opportunity to influence the development of new products and services through the TRUST Customer Advisory Board.

"We look forward to building on our successful track record with Mövenpick," said Sven Hohmann, president and CEO of TRUST International. "The stellar hotel chain's exclusive renewal with TRUST reinforces our role as a preferred partner in innovative technology reservation solutions."

"We're pleased Mövenpick recognizes the opportunities in continuing its relationship with TRUST as part of Cendant and we intend to exceed their expectations to deliver greater value and service through our affiliated businesses over the long term," said Michael McCormick, senior vice president of hospitality and leisure services for Cendant Travel Distribution. "We are committed to providing comprehensive, flexible and cost-effective distribution programs for hotel and other supply partners."

Mövenpick Hotels & Resorts was founded in 1948 and currently comprises 42 hotels with 8,052 rooms and 13,000 beds. The international hotel chain offers guests every convenience for a pleasurable stay, providing uncompromising quality of products and services.

About TRUST International - TRUST International, (www.trustinternational.com), is part of Cendant's Travel Distribution Division. TRUST develops and implements state-of-the-art central reservation systems, providing tailor-made, real-time reservations and global distribution solutions for the hospitality industry. Serving 36 countries in 16 languages, TRUST services provide real-time solutions that seamlessly connect hotels and bookers worldwide, including private label telephone lines, connectivity to all Global Distribution Systems (GDS) and various Web sites and Internet platforms, and three Global Communication Call Centers Germany, the Americas office in Orlando, Fla., and an Asia Pacific communication center in Singapore. TRUST maintains three offices worldwide including the Headquarters in Frankfurt, Germany, the Americas office in Orlando, Florida, and an Asia Pacific communication center in Singapore. Clients are some 1,300 hotels at 685 destinations in 95 countries, i.e. Astron Hotels & Resorts, Boutique Hotel Group, Dorint Hotels & Resorts, Four Seasons Hotels & Resorts, Hard Rock Hotels, Kempinski Hotels & Resorts, The Leading Hotels of the World, Mandarin Oriental Hotel Group, Mövenpick Hotels & Resorts, Oberoi Hotels & Resorts, Pan Pacific Hotels & Resorts, Group Posadas, Raffles International Hotels & Resorts, Small Luxury Hotels of the World, SRS-WORLDHOTELS, Steigenberger Hotels & Resorts, and Swissôtel Hotels & Resorts.