DELRAY BEACH, Fla. -- The founder of InteleTravel bought back the assets of the company and launched a drive to resurrect its 100,000-member sales force.

Joe Traina, who started InteleTravel in San Diego in the mid-1990s and oversaw its growth to one of the largest outside agency networks, said he intends to build InteleTravel into an even bigger company than before. He has renamed the company InteleTravel2000.

Traina is projecting $200 million to $300 million in travel sales from InteleTravel2000 by the end of 2001. He said sales will be channeled to Travel Services International, a U.S. subsidiary of Airtours, the U.K.-based travel company in which Carnival Corp. has a stake.

TSI president Peter McHugh confirmed it would fulfill InteleTravel's bookings.

Traina said he purchased the assets of InteleTravel from Michael Egan, chairman of Certified Vacations, who bought the firm from him in October 1997 and shut down its operations in mid-1999.

The original InteleTravel created a flap in the industry when it became one of the fastest growing of a pack of firms selling $495 travel agent programs that sprung up across the country in 1996 and 1997.

Critics labeled the companies card mills because travel industry discounts available to those showing a travel agent ID card were elements of the companies' promotions.

In the past week, InteleTravel sent letters to its database of 100,000 agents announcing the relaunch of the company and the agreement with TSI. Both InteleTravel2000 and TSI are based in Delray Beach, Fla.

Unlike the old company, which was an ARC-accredited travel agency and operated a call center, InteleTravel2000 will concentrate on sales of the agent membership programs and agent training, with TSI handling travel sales fulfillment, Traina said.

"We were a successful company, with $100 million in sales, but we lacked Internet technology and our operating costs for our 186 employees were high," he said.

The new InteleTravel2000 Web site, at www.inteletravel2000.com, links to the TSI booking engine, enabling agents to book cruises, consolidator air fares and other TSI products via the Internet, Traina said.

InteleTravel2000 agents also can reach TSI by telephone, but Web bookings will be encouraged to keep overhead costs low, Traina said.

The company is offering its former agents -- who paid $495 to join the old program -- a one-time "re-enrollment fee" of $49 plus a monthly service fee of $3.95 per month.

It also is targeting new consumers interested in becoming part-time, home-based agents, charging them a $199 fee plus a monthly fee of $9.95 per month.

As before, agent ID cards are included. Agents receive 2.5% commission for cruise sales, 5% on international air and car rentals and 2.5% on tour packages. There is no commission on domestic air, hotels or domestic car rentals.

John Gioscia, InteleTravel2000 managing director, said the commission structure was devised to steer agents to sell the more lucrative products available from TSI, which is a leading cruise retailer and owns Auto Europe and air consolidators.

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