Thursday, January 31, 2013

Asiatravel

Asiatravel: Company announced the signing of an agreement with China Xinhua Travel Network Services Co. Ltd., which also owns travel site www.51you.com (http://www.51you.com), to supply its online wholesale system and to provide XML integration of its database with Xinhua Travel for a period of 3 years. The online wholesale system; TAcentre.com, will be used by Xinhua Travel, which operates over 30 branches and over 400 retail outlets in all major cities in China, to book hotels, tours, attraction tickets and flight packages worldwide. As 51you.com enhances its online operating and distribution, Asiatravel will be supplying its global data of travel products seamlessly into 51you.com’s system. OSK DMG has a BUY rating on the Company with a TP of $0.44.

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