| Business Summary | | inTRAVELnet.com,
Inc.
is
a
leisure
travel
and
information
services
company
that
intends
to
offer
the
first
real-time
vacation
interval
marketing
exchange
and
auction
site
on
the
Internet.
The
Company
is
preparing
to
launch
an
e-commerce
website
that
will
feature
virtual
reality
tours
of
resorts,
a
full
complement
of
leisure
travel
packages
and
services,
and
a
trading
floor
displaying
a
bid-and-offer
board
for
the
wholesale
brokerage
of
vacation
ownership
intervals.
The
Company's
current
operations
include
an
international
Travel
Club
with
over
7,000
members
in
North
America
linked
to
the
Company's
network
of
participating
resorts
and
other
travel
service
providers;
a
luxury
Houseboat
Vacation
Club
providing
vacation
intervals
to
its
members;
and
a
fleet
of
luxury
houseboats
to
service
the
Vacation
Club.
The
inTRAVELnet.com
Travel
Club,
Snowbird
Vacations
International,
entitles
members
to
rent
vacation
ownership
intervals
from
a
broad
range
of
participating
resorts
at
wholesale
rates. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | inTRAVELnet.com
is
a
leisure
travel
and
information
services
company
that
is
preparing
to
launch
an
innovative
e-commerce
Website
catering
to
the
timeshare
resort
market.
For
the
fiscal
year
ended
12/99,
revenues
totaled
C$2.7
million,
up
from
C$498
thousand.
Net
loss
totaled
C$6.2
million,
up
from
C$768
thousand.
Results
reflect
increased
membership
sales
and
the
inclusion
of
membership
dues;
offset
by
the
inclusions
of
commision
and
condominium
rental
expenses,
and
increased
wages. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Michael Parsonson | Chairman | Daniel Clozza | Pres,
CEO, Director | David Owen | VP,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|