Features:
- Rich and detailed travel information
- Easy payment functions
- Located in high traffic areas
Advantages:
- Customer handles entire transaction
- No phone calls/charges
- High visual appeal
- Scalable, lower variable costs
- Media platform raises marketing efficiency,
creating potential new revenue stream
Universal Travel Group is one of the first online travel and leisure companies to form partnerships with premier property management companies. The Company jump-started its retail initiative with the TRIPEASY Kiosks this year. Year-to-date, Universal Travel Group doubled the Kiosks count to over 200, placed strategically throughout the Guangdong province. The initial development and expansion phase was well-received by the public as well as partnership property management companies. Although the Kiosks are generating modest revenue in comparison to overall revenue from operations, it has benefited the Company by generating business flow to its call centers and website as well as increasing the Company's visual presence throughout Shenzhen and other major cities.
Leveraging its experience with the Kiosks rolled out thus far, the Company plans to rapidly distribute its TRIPEASY Kiosks in Xi'an, Chongqing and Hong Kong for the rest of 2009. Some of the Company's partner property management companies include Fantasia Property Management, Urban Property Management, Shenzhen Hongkai Property Management, Shenzhen CITIC Business Management, Shenzhen Lifeng Property Management Limited, Shenzhen MingAnLe Property Management, Shenzhen Kaiyuan International Property Management and Shenzhen Jia Yi Living Property Management.
"TRIPEASY Kiosks will be an important market trend indicator and revenue source for Universal Travel Group in the future," said Ms. Jiangping Jiang, Chairwoman and CEO of Universal Travel Group, "We will leverage our brand equity and awareness in Shenzhen to further expand our market share into other major cities with additional Kiosk distribution."