Travel Holdings, Inc. | Formation Formation: Company formed April, 2004 through the merger of three businesses: - Business-to-Business Travel - Founded 1994 - Based in Orlando, FL, USA - Business-to-Consumer Travel - Founded 1996 - Based in Atlanta, GA, USA - Research & Development - Founded 2002 - Based in Tel Aviv, Israel Travel Holdings, Inc. | The Business The Business: • Complete end-to-end global travel services company. • Proprietary, advanced technology facilitates the business. • Procure inventory in key travel destinations worldwide. • Sell Hotels, Air, Cars, Cruises, Packages. Core Business: Hotels • Sell in 122 Countries. • Sell through multiple channels of distribution. – – – – – – • Wholesalers Agents (Online and Traditional) GDS’s Switches Groups Consumers Service all the business through its own customer service and fulfillment operations (24/7 in 23 languages). Inc. 500 | 2003 & 2004 Honoree Tourico Holidays Inc. 500 2003 Inc. 500 2004 Only Travel Company So Honored Businesses & Brands Travel Holdings, Inc. | Global Distribution Channels 2,500 Clients Password Protected HOTELS: 365 Clients Via Web Services 20,000 Direct & Net Rate Contracts 145 Dedicated Sites AIRLINES: United States 37 Net Rate Contracts Israel CRUISES: Inventory Management United States 7 Cruise Lines Net Rate Contracts United States CAR RENTALS: Dollar, Thrifty Alamo, Hertz United States Israel Key Suppliers B2B Businesses TouricoHolidays.com | Login Screen Tourico Holidays | Wholesalers & Agents, worldwide Host to Host | Connectivity • 365+ Host 2 Host Connections • Via Web Services • Highest level of Client Commitment • Dozens in development pipeline Host to Host | Connections White Label | Dedicated Website Network • 145+ Dedicated Websites • Worldwide Presence • Provides Clients a Quick, Turn-key Technology Solution White Label | B2B Dedicated Website Network BELGIUM MEXICO CHINA ITALY BAHAMAS BRAZIL USA HOLLAND MALTA KOREA CANADA COLOMBIA OneMinuteBooking.com | US Travel Agents Travel Holdings, Inc. | TravelEgent.com TravelAgents.co.il | Israeli Travel Agents B2B Promotion | Global Trade Show Presence B2C Businesses LastMinuteTravel.com | Homepage LastMinuteTravel.co.il | Homepage (Hebrew) eCommerce | Promotional Partners The Organization Travel Holdings, Inc. 53 People | The Organization 47 People 101 People Wholesale: Europe Europe Israel Executive Mgmt. Domestic Team North America North America Romania Accounts Payable International Team Caribbean Latin America Latin America Consumer Asia Consumer: E-Commerce Team Middle East 84 People 49 People Accounts Receivable I.T. Team Human Resources Legal Counsel The Company Owns it’s Own Technology Development Company: • • • • • • Enhances control of destiny Provides key competitive advantage 80+ (In Development, QA, Translation, Support) Low Cost: Headquartered in Tel Aviv and Romania High Quality: Serious Travel Technology Talent A Key Corporate Asset Differentiation and Competitive Advantage Travel Holdings, Inc. | The Business In sum…our advantages: – Superior Product and Price: • Purchasing strategy and global footprint yields competitive advantage on pricing and availability – We buy for the world and we deliver the world…delivering an elusive market – We make sophisticated, advance commitments for inventory – Our breadth of demand (122 countries) allows TH to bring incremental business to customers year round…including low-demand periods – Superior Technology: • Deeper, faster and head-turning…and what the market wants and needs – Superior Model and Margin: • Highly scalable and revenue is recurring…and rapidly growing • Multi-Channel and multi-geography approach enhances growth, reduces risk Metrics Customer Origin | Where our business comes from. Client Bookings, Regionally : Jan 2007 5.18 % 7.32 % Middle East Asia 1.35 % 0.51 % Japan Australia 0.08 % Africa 18.17 % Latin America 27.30 % United States 40.09 % Europe Top Destinations by City TOP USA Destinations TOP European Destinations TOP Rest of the World • New York City • London • Dubai • Las Vegas • Rome • Shanghai • Orlando • Paris • Sydney • Miami • Prague • Buenos Aires • Chicago • Barcelona • Rio de Janeiro • San Francisco • Amsterdam • Bangkok • Los Angeles • Venice • Hong Kong • New Orleans • Madrid • Phuket • Washington D.C. • Berlin • Singapore • Boston Regional offices offices in in June June2005 2005 Regional offices in June 2007 London Paris Stockholm Moscow Rome San Remo Shanghai Beijing Chengdu Seoul Dubai Mexico City Tokyo Taiwan Hong Kong Bangkok Rio de Janeiro Sao Paulo Curitiba Sydney Taking Flight !