Reuters Uses Asia-hotels.com to Offer Hotel Reservation Services

March 13, 2000

Joint Press Release

Hong Kong, Monday, March 13th, 2000 - Reuters City-Hong Kong, the revamp Reuters intranet, www.rcityhk.session.rservices.com, is using Hong Kong-based asia-hotels.com to offer hotel reservation services services to Reuters 3000 subscribers. Re-launched on March 6th, Reuters City-Hong Kong features a comprehensive hotel guide and reservation services for hotels and resorts in 17 countries across Asia provided by asia-hotels.com.

"We are glad to have asia-hotels as one of our content providers, " commented Jeremy Harris, managing director of Reuters Hong Kong. " They can offer tailor-made hotel packages to our customers efficiently and economically. We will continue to look for providers who can offer other value-added services to our customers.

By the end of March, all Reuters customers will have access to this site via the Internet, at www.rcityhk.reuters.com. Other services offered on the websites include City Life, Business Directory, sports.com, Who's Who in the financial market, Reuters product training schedules, freewave library schedules, product hints and tips, plus links to other useful Reuters websites.

"Our alliance with Reuters will greatly enhance the availability of our specialist Internet travel services to an important target market," commented Jon Stonham, managing director of asia-hotels.com. "Fifty percent of our market, by room nights, is generated by the business traveller and we pride ourselves in offering value-added services, such as quick search criteria for in-room laptop ports and customer reviews, to meet their business needs."

Asia-hotels.com recently announced agreements with Pacfusion, the new e-business unit of Singapore-based Pacific Internet and Malaysia Online to offer online reservations and has been accepted as a member of the Hong Kong Association of Travel Agents.