MasterCard Joins the Galileo Business Builders(SM) Program with Exclusive
Consumer Gift Card Offer
PARSIPPANY, N.J., and PURCHASE, N.Y., Oct. 3 /PRNewswire/ -- It pays to
use your MasterCard card to make travel arrangements with Galileo. Galileo
International today announced an exclusive Gift Card offer from MasterCard
International through the Galileo Business Builders(SM) program.
Effective immediately, travelers using their MasterCard card to book RCI
Holiday Network vacation rentals through Galileo-connected agencies will
receive a $50 MasterCard Gift Card for booking one-week stays valued under
$500. Travelers will receive a $100 MasterCard Gift Card for bookings valued
over $500. The gift card is valid for six months and can be used to purchase
goods and services anywhere MasterCard is accepted -- more than 28 million
locations worldwide. The exclusive offer is scheduled to run through the end
of 2002, or while supplies last.
"Our alliance with Galileo Business Builders will enable MasterCard to tap
a unique network of travel agencies so that we may efficiently and effectively
reach consumers in search of some of the best travel deals available," said
Fred P. Gore, senior vice president of North America Acceptance at MasterCard
International. "We will leverage a leading provider of electronic global
distribution services, bringing rewarding new benefits, such as the current
MasterCard Gift Card promotion, to MasterCard cardholders."
"Galileo Business Builders is all about helping our agency partners win
and succeed by giving them a unique competitive advantage," said Mitch Gross,
Galileo executive vice president and general manager - The Americas. "This is
a tangible example of how we will continue to leverage relationships within
the Cendant family of brands, as well as bring in other partners, such as
MasterCard, to add value to our travel agency partners and their customers."
RCI Holiday Network's worldwide inventory of more than 80,000
condominiums, vacation homes, villas and cottages -- including vacation
rentals at 3,700 resorts in more than 100 countries -- is available to
Galileo-connected agencies as part of Galileo Business Builders, a new
strategic program designed to boost agency profits through new revenue
streams, cost saving opportunities and loyalty tools. In addition to this
bonus for travelers paying with a MasterCard card, Galileo-connected travel
agencies will receive a 20 percent commission on all completed RCI Holiday
Network bookings through December 31, 2002.
About MasterCard International
MasterCard International has a comprehensive portfolio of well-known,
widely accepted payment brands including MasterCard(R), Cirrus(R) and
Maestro(R). More than 1.7 billion MasterCard, Cirrus and Maestro logos are
present on credit, charge and debit cards in circulation today. A corporation
with more than 15,000 member financial institutions, MasterCard serves
consumers and businesses, both large and small, in 210 countries and
territories. MasterCard is a leader in quality and innovation, offering a
wide range of payment solutions in the virtual and traditional worlds.
MasterCard's award-winning Priceless(R) advertising campaign is now seen in 90
countries and in 45 languages, giving the MasterCard brand a truly global
reach and scope. With more than 28 million acceptance locations, no payment
card is more widely accepted globally than MasterCard. For the six months
ended June 30, 2002, gross dollar volume exceeded US$534 billion. MasterCard
can be reached through its website at http://www.mastercard.com .
About Galileo International
Galileo International is a global technology leader. Its core business is
providing electronic global distribution services for the travel industry
through its computerized reservation systems, leading-edge products and
innovative Internet-based solutions. Galileo is a value-added distributor of
travel inventory dedicated to supporting its travel supplier, agency and
corporate customers and, through them, expanding traveler choice. A subsidiary
of Cendant Corporation (NYSE: CD), Galileo is headquartered in Parsippany, New
Jersey, U.S.A., and has offices worldwide. Visit http://www.galileo.com .
SOURCE Galileo International
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Related links:
http://www.mastercard.com
http://www.galileo.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/121034.html
CONTACT:
June Cramer of Galileo International,
+1-847-821-9432, junecramer@aol.com , or Alex Lau of MasterCard
International, +1-914-249-3095, alex_lau@mastercard.com
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