| Journal: TWUK | Section: |
| Title: | Issue Date: 17/04/00 |
| Author: | Page Number: 2 |
| Copyright: Other |
Web site set to relaunch
TRAVELSELECT.com has raised $5m of investment to relaunch its travel Web site and recruit new staff.The money has been injected by 21 Investimenti, a trust connected to the Italian retailing company Benetton.
Managing director Vimal Khosla said the funding would be spent on redesigning and enhancing the site for a relaunch this summer, and increasing staff levels from 62 to 100. Some cash has also been earmarked for marketing and advertising.
Travelselect.com specialises in selling flights, hotel rooms and car hire to small businesses and leisure customers who are experienced Internet surfers. It has more than 70 airline partners, 200 hotel partners and 50 car-hire partners.
“We are looking to offer value rather than to be the cheapest in the market,” claimed Khosla.