Cendant’s Trust Announces Contract Renewal With Small Luxury Hotels Of The World

PARSIPPANY, NJ, | TRUST International (TRUST), a subsidiary of Cendant Corporation (NYSE:CD) and a global provider of technology reservations solutions for the hospitality industry, today announced the renewal of their CRS service contract with Small Luxury Hotels of the World.

After a successful partnership over the past three years with TRUST International, Small Luxury Hotels of the World (SLH) has extended its agreement with TRUST for five more years giving SLH and its 310 global members the comfort of being in partnership with one of the most consistent and forward-thinking CRS providers in the industry through 2009. Paul Kerr, joint Managing Director of Hill Goodridge & Associates, the global management firm for SLH responsible for negotiating the contract commented: "The contract extension with TRUST is an integral part in achieving our long-term objective of ensuring small, independent luxury hotels remain competitive within their markets and have the ability to realize their fair market share.

Kerr continued to explain; “We are very pleased to extend our relationship with TRUST as it is not only a contract, but a true partnership. We wanted a partner that invested in their product, delivered a consistent service, understood our business and provided a system with which our hotels could easily work – and we got it with TRUST.”

“Continuing our relationship with Small Luxury Hotels of the World reflects the dedication on both sides to further our collective success through our partnership. Having enjoyed a successful relationship with this prestigious hotel corporation since 1998, we continue to be focused on providing customized and controllable programs drawn from our suite of products and services to help increase profitability for our partners,“ said Ken Esterow, executive vice president of supplier services for Cendant’s Travel Distribution Services Division. “We’re delighted to work together with Small Luxury Hotels of the World to ensure its future leadership standing in the industry.”

About Cendant Travel Distribution Services - Cendant’s Travel Distribution Services Division is one of the world’s largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing nearly 5,000 people in more than 116 countries, includes: Galileo, a leading global distribution services (GDS) company, serving more than 43,000 travel agencies and over 60,000 hotels; hotel distribution and services businesses (Trust, THOR, WizCom, Neat Group); leading travel agencies (Cheap Tickets and Lodging.com); Shepherd Systems, an airline market intelligence company; Travelwire, an international travel technology and software company; Travel 2/Travel 4, a leading international provider of long-haul air travel and travel product consolidator; and Travelport, a provider of online global corporate travel management solutions.

About TRUST International - TRUST International, (http://www.trustinternational.com/) is subsidiary of Cendant Travel Distribution Services. It develops and implements state-of-the-art central reservation systems, providing tailor-made, real-time reservations and global distribution solutions for the hospitality industry. TRUST services include private label telephone lines, connectivity to all Global Distribution Systems (GDS) and various Web sites and Internet platforms. The company operates Global Communication Call Centers, Orlando, Singapore and in its head offices in Frankfurt serving 36 countries in 16 languages.

About Small Luxury Hotels of the World - The Small Luxury Hotels of the World is an exclusive membership of over 300 independently-owned luxury hotels in more than 50 countries. Carefully selected for their style and sophistication, Small Luxury Hotels features award-winning properties including spas, country houses, golf resorts, island retreats, city sanctuaries, and game and wilderness lodges. With nearly 17,000 rooms across the globe at such award-winning properties like The Stafford in London, Bayan Tree Hotels and Post Ranch Inn in California, SLH delivers roughly $50 million dollars in revenue to its member hotels annually. Small Luxury Hotels is dedicated to offering travelers unique, luxury experiences that match their wishes and dreams.