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Tablet Hotels Charts Strong Growth in First Six Months of Operation Web Service Bookings Increase 30% Month to Month

February 19, 2003, NEW YORK -- Tablet Hotels (www.tablethotels.com), a web service targeted at leisure and business travelers seeking out-of-the-ordinary hotel experiences for an outstanding value, announced it has posted strong growth in bookings in its first six months of operation. According to Laurent Vernhes, the companys co-founder and chief executive officer, reservations on the site have grown 30% from month to month in the last four months despite an overall industry slowdown in bookings. The company expects to reach $10 million in gross annual bookings in second quarter 2003.


Release                                   
Valerie McCarty         
954.581.4145 tel.
val@hm-llc.com

Tablet Hotels Charts Strong Growth in First Six Months of Operation
Web Service Bookings Increase 30% Month to Month

February 19, 2003, NEW YORK -- Tablet Hotels (www.tablethotels.com), a web service targeted at leisure and business travelers seeking out-of-the-ordinary hotel experiences for an outstanding value, announced it has posted strong growth in bookings in its first six months of operation. According to Laurent Vernhes, the companys co-founder and chief executive officer, reservations on the site have grown 30% from month to month in the last four months despite an overall industry slowdown in bookings. The company expects to reach $10 million in gross annual bookings in second quarter 2003.

The star rating system has virtually become obsolete and irrelevant. Todays traveler is looking for reference tools whose recommendations they can trust and which provide the best value for their dollar," said Vernhes. Tablet Hotels aims to guarantee users the best rates offered by the hotel property of their choice while not undercutting the property in their other channels of distribution. This is why Tablet Hotels has become one of the leading travel agents for some of the newest, most-talked-about hotels like the Downtown Standard in Los Angeles and Ian Schrager properties worldwide."

Tablet Hotels properties are featured by invitation only and cant pay to be listed. The collection of hotels are recommended by Tablet Hotels selection committee comprised of leading travel and style experts including hoteliers, writers, photographers and architects. Personality and attention to detail are the fundamental criteria for the selection committee. Following anonymous visits to each hotel, the cross-section of travel industry experts collectively decide which properties will be invited to join the web services exclusive listing.

To date, 600 hotels in more than fifty countries and territories have already been selected to be included on Tablet Hotels.

For budget conscious travelers, Tablet Hotels also offers a free service called Rate Tracker providing an ongoing guide to hotels which are currently offering special rates and packages.

The web service already has amazing and affordable" summer specials available for immediate booking:

City, Country   Hotel    US $ Rate*
Vancouver Island, Canada   Wickannish Inn in Tofino   $134
London, England   Great Eastern Hotel   $192
Bordeaux, France   Hotel Saint James   $153
Burgundy, France   Hotel de la Cote dOr   $125
Paris, France   Pavillon de Paris   $155
Berlin, Germany   Hotel Bleibtreu   $137
Lisbon, Portugal   Hotel Lisboa Plaza   $112
Edinburgh, Scotland   The Balmoral   $168
Madrid, Spain   Hotel Villa Real   $160
Stockholm, Sweden   Nordic Light Hotel   $180
Beverly Hills, CA (U.S.)   Maison 140   $149
Chicago, IL (U.S.)   Burnham Hotel   $139
   *Restrictions may apply. Please check www.tablethotels.com for details.


Tablet Hotels Charts Strong Growth in First Six Months of Operation
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About Tablet Inc.   
Founded in March 2000, Tablet Inc. is a New York-based, privately-held company committed to developing tools which enhance the relationship between hotels and travelers. TabletBookings is the companys exclusive hotel reservations user interface which is currently being used by industry leaders such as Ian Schrager Hotels, The Mercer in New York, Chateau Marmont in Hollywood and Karen Brown Guides Online. TabletHotels.com is the companys latest web venture, and the first developed directly for discerning travelers seeking out-of-the-ordinary hotel experiences for an outstanding value.

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Valerie McCarty
954.581.4145 tel.
val@hm-llc.com
   

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