LastMinuteTravel.com to offer 11th hour bargains

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CHICAGO -- A new Web travel service called LastMinuteTravel.com plans to be a matchmaker between suppliers with time-sensitive offers and travelers looking for good deals for spur-of-the-moment business and leisure trips.

The Atlanta-based company said it signed more than a dozen travel providers from the major travel industry segments to participate on the site, which launches in late June but can be viewed now at www.lastminutetravel.com.

The list of suppliers that have signed on to participate includes Continental; United; America West; US Airways; Carnival; Norwegian Cruise Line; Renaissance Cruises; Globetrotters, and Travelscape.com, a Web service specializing in discount hotel and air/hotel packages, LastMinuteTravel.com said.

Also signed on are Radisson Hotels; Hilton Hotels and Resorts; the Bed and Breakfast Channel, a Web service; Avis, and Alamo, it said. The firm plans to expand into golf course reservations and special events tickets, among other things.

Participating suppliers will post offers on the site, with prices, expiration dates and other pertinent information. A hotel with a big last-minute group cancellation, for example, could use the site to quickly advertise discount rates that could help fill the potentially empty rooms.

The site includes travel-planning features for consumers that enable them to search for offers meeting certain parameters like price range, destination city and supplier name. Consumers can pay a small fee to sign up for an e-mail alert service called My Travel Minder, and they can ask to be notified about offers that interest them.

When consumers find products that fit their last-minute travel needs or that motivate them to make impromptu travel plans, the bookings will be handled by the suppliers rather than by LastMinuteTravel.com.

David Miranda, LastMinuteTravel.com's founder and chief executive officer, said, "We don't want to be another intermediary. LastMinuteTravel.com is a marketplace that will bring motivated buyers and sellers together."

Suppliers' ads on the site will include information on how to make reservations, such as a toll-free number or a link to the supplier's Web site. In a demonstration at the @Travel conference held here by Jupiter Communications, for example, a discount fare posting from Continental clicked through to the airline's Web site.

LastMinuteTravel.com executives emphasized that the consumers who look at the site will be getting all the information they need up front, before they buy. "With some sites out there, you don't know what you're going to get," said Miranda, who is a former vice president of brand marketing for Holiday Inn Worldwide.

"These are brand-name, highly disclosed offerings," said Jack Arogeti, executive vice president of marketing for LastMinuteTravel.com. Arogeti said the Web site offers travel providers a faster, cheaper and more flexible medium than newspapers for advertising time-sensitive offers.

Suppliers can post their offers -- and pull them down -- on short notice, and they will be reaching a targeted audience, he said. Miranda said he doesn't want to describe the product offerings advertised on LastMinuteTravel.com as "distressed inventory" but said, rather, the site will be of service to suppliers who "are distressed about inventory."

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