Dynamic Leisure Corporation Secures Net Rate Contract From Leading Interactive Reservations, LLC
24 April 2007
Dynamic Leisure Corporation (OTCBB: DYLI), a leisure travel wholesaler and technology company, announced today that the Company has been awarded a net rate merchant contract with Leading Interactive Reservations, LLC, the global Internet hospitality company of The Leading Hotels of the World, Ltd. With this agreement, Dynamic Leisure attains considerable inventory allowing for further expansion of its worldwide vacation package program at competitively priced rates.
Under the terms of the contract, Dynamic Leisure gains the rights to create and market travel packages using the extensive reach of over 300 luxury hotels marketed by Leading Interactive Reservations, LLC.
This agreement significantly strengthens Dynamic Leisure's vacation packaged programs in the Caribbean, the U.S., and Europe, as well as supports the Company's continued international expansion.
"We are very pleased with the quality and breadth offered by the Leading Interactive Reservations portfolio. We can now significantly expand our diversified vacation packages with this increased inventory, at extremely appealing rates," said Dan Brandano, CEO of Dynamic Leisure Corporation.
Tim Peter, Managing Director, Leading Interactive Reservations, LLC, added, "We are delighted with this partnership which creates greater value for participants in Leading Interactive Reservations' programs by increasing sales opportunities and driving awareness for our hotel partners."
The collection available through Leading Interactive Reservations further complements Dynamic Leisure's European premium market products, featuring attractively priced Business and First Class packages targeted to the upscale leisure traveler.
About Dynamic Leisure Corporation
Dynamic Leisure Corporation (OTCBB: DYLI), headquartered in Tampa, Florida with offices in New York City and London, England, is an online international travel package technology company and travel aggregator. Using its dynamic packaging capabilities, the Company provides competitively priced worldwide vacation travel packages directly to the consumer, travel agencies and other travel resellers. Users can create custom travel packages to meet their specific needs. Featured destinations include the Caribbean, Mexico, Europe and leisure U.S. Destinations, such as Florida, California and Las Vegas. For more information visit http://www.dylicorp.com.
About Leading Interactive Reservations, LLC
Founded in 2001, Leading Interactive Reservations, LLC is the online reservation transaction and media company dedicated to increasing Internet reservations for The Leading Hotels of the World, Ltd. and its member hotels.
Leading Interactive Reservations manages the primary website lhw.com and all of its affiliates, including lhwspas.com and lhwgreen.com, for reservation processing and online advertising sales.
In addition, the company provides multiple booking engine platforms comprised of hotel-only and vacation-packaging engines to over 100 independent member hotels. It also owns and operates other luxury travel websites, such as luxres.com, dedicated to providing affluent consumers with exceptional travel resources and service online.
Forward-looking statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements are subject to risks and uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. You should not unduly rely on these statements. A more complete discussion of risks and uncertainties which may affect the accuracy of these statements and the Company's business generally is included in "Risk Factors" in the Company's most recent public filings with the Securities and Exchange Commission, which may be reviewed at www.sec.gov.
Media Contacts:
Nigel Osborne Executive VP Dynamic Leisure Corporation Phone: 813-877-6300 Ext. 214 Email Contact
Adam Friedman Principal Adam Friedman Associates LLC Phone: 212-981-2529 Ext. 18 Email Contact
SOURCE: Dynamic Leisure Corporation
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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