Business Services Industry
USA Networks to Buy Hotel-Room Discounter.
Knight Ridder/Tribune Business News, April, 1999 by Maxon, Terry
Knight Ridder/Tribune Business News
Apr. 15 -- The owner of Home Shopping Network, Ticketmaster and USA Network is buying Hotel Reservation Network, a Dallas-based company that books discounted hotel rooms, the two companies said Wednesday.
Although Hotel Reservation Network is already affiliated with more than 1,000 companies and their Internet sites, the purchase by USA Networks Inc. will expand Hotel Reservation Network's exposure on the Internet, HRN president and founder Robert Diener said.
"The big challenge on the Internet is to get your name out there in a big way," Mr. Diener said. "What this does is to really take it to the next level. The idea is take HRN and put it on all the various media networks of USA."
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