OneLink Debuts Its Pioneering Booking Service CCRAonelink to Vacation.com(R) Members
March 21 2006 - 8:30AM
PR Newswire (US)
New Online Service Aims to Improve Profitability for Travel
Agencies by Providing Upfront Settlement of Sales Commissions SAN
FRANCISCO and ALEXANDRIA, Va., March 21 /PRNewswire-FirstCall/ --
OneLink Corporation (OTC:OLNK) (BULLETIN BOARD: OLNK) , a provider
of integrated global distribution and financial settlement services
to the travel and tourism industry, and Vacation.com(R), North
America's largest vacation selling network, today announced the
debut of an innovative new booking and settlement service to
Vacation.com members. Available as part of Vacation.com's AgentNet
portal, the new service, branded CCRAonelink.com, gives
Vacation.com's 6,000-plus travel agencies the ability to view five
hotel rates and receive guaranteed upfront settlement of
commissions on select hotel reservations for the first time ever.
CCRAonelink.com is built on OneLink's exclusive transaction
processing platform and contains advanced functionality and content
aggregation features not found in other systems. OneLink acquired
CCRA, a leading and long-established hotel marketing service, with
its acquisition of Reservation Center Inc. in May of 2005. Since
then, the company has refined the service and CCRA+ portal, renamed
CCRAonelink.com, to incorporate OneLink's pioneering concept.
"Vacation.com has always put its members first, which is why we're
attracted to this innovative new capability," said Dick Knodt, CTC,
president and CEO of Vacation.com. "Thanks to OneLink and CCRA, our
members can now easily see and compare GDS, CCRA preferred, and net
rates for a given reservation onscreen at the same time, enabling
agents to quote retail prices that protect and maximize their
commissions." Vacation.com member agencies in the U.S. and Canada
will soon have the ability to make hotel reservations at over
80,000 top properties worldwide, compliments of CCRA's worldwide
distribution partnerships with Amadeus Global Travel Distribution
and Hotels.com. Certain bookings made through the portal will be
processed by OneLink in conjunction with PayPal, resulting in
immediate commission payment to the agency. OneLink's relationship
with PayPal ensures immediate settlement coverage in all major
international markets including Europe, North America, and
Australasia. "We are very excited to debut our core service to
Vacation.com, one of the largest and most respected travel agency
networks in the world," said Bill Guerin, chairman and CEO of
OneLink. "With this rollout, we achieve our goal of offering travel
agencies a new payment mechanism that can significantly and
positively impact their financial standing. In addition to Amadeus
Global Travel Distribution and Hotels.com, we would also like to
thank our other key suppliers and PayPal for their belief in both
our company and our potential impact on the travel services
industry." OneLink's signature service is supported by a
world-class, industrial-strength technology infrastructure. The
robust system is able to handle large booking and transaction
volume, including all volume generated by Vacation.com's
membership. About OneLink Corporation: OneLink (OTC:OLNK) (BULLETIN
BOARD: OLNK) is a provider of integrated global distribution and
financial settlement services to the travel and tourism industry.
The firm is the first of its kind to offer non-airline travel
suppliers the ability to distribute a pre-paid product through
travel agents worldwide, and to effect financial settlement through
a single, online global distribution and financial settlement
system. OneLink's mission is to increase the number and quality of
online bookings made through global retail travel channels while
improving cash flow and reducing distribution costs, ultimately
resulting in lower prices for the consumer. Headquartered in San
Francisco, OneLink is operated by an experienced team of travel
distribution professionals, financial settlement experts and
established global technology specialists. For more information,
visit http://www.onelinkcorp.com/ . About Vacation.com:
Vacation.com is a travel services marketing organization currently
serving a network of more than 6,000 travel agency locations across
the U.S. and Canada. Its membership network is focused on leisure
travel distribution, accounting for approximately 33 percent of all
travel agencies in North America. With more than $18 billion in
annual sales, Vacation.com -- "Powered By Real Travel Agents" -- is
North America's largest vacation selling network. Not already a
Vacation.com member? Visit http://www.joinvacation.com/ to learn
why Vacation.com is the right choice for your agency. Vacation.com
is a subsidiary of Amadeus Global Travel Distribution and maintains
its headquarters in Alexandria, VA and a Toronto office serving its
members in Canada. For further information, contact Vacation.com at
1650 King Street, Suite 450, Alexandria, VA 22314; tel:
800-843-0733. This press release is not a solicitation to buy or
sell securities. This press release includes "forward-looking
statements" as defined by the Securities and Exchange Commission
(the "SEC"). All statements, other than statements of historical
fact, included in the press release that address activities, events
or developments that the Company believes or anticipates will or
may occur in the future are forward-looking statements. These
statements are based on certain assumptions made based on
experience, expected future developments and other factors the
Company believes are appropriate in the circumstances. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the Company.
Investors are cautioned that any such statements are not guarantees
of future performance. Actual results or developments may differ
materially from those projected in the forward-looking statements
as a result of many factors, including delays in development and
implementation of the Company's system, market acceptance of the
new system and problems in obtaining additional financing.
Furthermore, the Company does not intend (and is not obligated) to
update publicly any forward-looking statements. The contents of
this release should be considered in conjunction with the warnings
and cautionary statements contained in the Company's recent filings
with the SEC. DATASOURCE: OneLink Corporation; Vacation.com
CONTACT: OneLink Contact, Steve Simon of S&S Public Relations,
Inc., +1-847-955-0700 ext. 9347, , or Vacation.com Contact, Josh
Kahn of Kahn Travel Communications, +1-516-594-4100, Web site:
http://www.joinvacation.com/ http://vacation.com/
http://www.onelinkcorp.com/
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