Carson City, NV (PRWEB) October 1, 2009
While the economy is putting a strain on most business segments, the travel industry has been hit particularly hard during the past 12 months. Travel suppliers have had a very hard time making money. High oil prices put a strain on airlines already in 2008. The business environment has deteriorated dramatically in 2009 so that business travel as well as leisure travel demand is down heavily. The crisis is spreading through the entire value chain and websites are seeing marketing budgets disappear and partner sites going bankrupt. Because of the dire situation, many smaller businesses in the industry are losing important revenue streams to fund their marketing in order to get customers to their properties and sites.
Travelgrove has recently launched a new free service to travel companies called Travengo.com, trying to give a little relieve. The site is targeting travel companies that are looking for more exposure and networking opportunities. A user can sign up for free and then add properties to their profiles acting like an online showroom. In addition, travel companies can use the site to connect to each other similar to how Linkedin and Facebook do. The major difference is that on the front end, the site remains a B2C site and therefore acts as a showroom to the end user.
Searching and finding efficient marketing solutions is getting more and more difficult. Conversion rates have dropped significantly and finding good publisher sites has become a challenge. ROI has dropped across the board and the use of alternative solutions is necessary to stay in business. Travengo feels that it can act as one source of traffic that will get the user to the right sites quicker and also to offer additional economic value through its networking functionality.
All travel related businesses that offer B2C services are welcome to join and present themselves. Travelgrove will be promoting the site heavily in the coming months in order to give its members maximum exposure and business. Although new, Travengo.com is already seeing some traction without having promoted the site at all, traffic is already growing nicely and is expected to drive a good volume to third party sites in Q1 2010. In order to sign up, simply visit http://www.travengo.com and click on the "Add your travel site for free" button.
About Travelgrove, Inc.
Travelgrove, Inc. is a global travel search company. Travelgrove's media properties, which reach more than 1 million travel enthusiasts in the U.S., Canada, France, Germany, Hong Kong and the U.K. include the Travelgrove Web site (http://www.travelgrove.com), the GroveZine Newsletter, the FareDetective Web site (http://www.faredetective.com), and the Metafares Web site (http://www.metafares.com). Travelgrove publishes offers from more than 100 partner websites worldwide. Travelgrove's deal experts review each offer to find the best travel deals and confirm their true value. Travelgrove is headquartered in Carson City, Nevada.