RealTime IT News

New B-to-B Hotel Supply Site Planned

Leisureplanet Holdings Ltd. and Leisureplanet, an Internet travel services provider that is 81 percent-owned by Leisureplanet Holdings, signed a joint venture agreement with Intercommerce Trading LLC of New York, to create Hotelsupplygroup.com, an online B-to-B hotel supply company.

The joint venture has entered into a three-year agreement with Leisureplanet for access to its online hotel database and will pay Leisureplanet an annual licensing fee of $1 million.

Hotelsupplygroup.com will initially offer a range of goods and services to the more than 17,000 contracted hotels in the Leisureplanet database. The new company said its goal is to become a major international business-to-business e-commerce supplier to the hotel and catering industry.

Clive Kabatznik, chief executive officer of Leisureplanet Holdings, said: "The creation of Hotelsupplygroup.com marks a significant expansion of our e-commerce business activities. By teaming up with Intercommerce, we have an ideal partner to create an e-commerce platform to match international hotel suppliers with hotel and catering industry customers."

Charles Edelstein, president of Intercommerce, said, said that his company "brings its formidable business-to-business marketplace access and e-commerce expertise to the creation of this new online distribution channel."

Intercommerce is a privately owned online business-to-business trading company. Part of the ICES group of companies, Intercommerce provides online matching of thousands of merchandise buyers to numerous suppliers in a variety of fields. Among the current e-commerce companies served by Intercommerce and the eMarketplace group of companies are merchandise-online.com, GLMmarketplaces.com and icesinc.com.

Leisureplanet operations include multilingual call center and customer support facilities, two electronic publishing units, an information system and Web site development unit, a hotel recruitment center, and a local travel agency partner network.