VacationSpot.com Expands Travel Network With Four New Inventory Deals; Additions Allow Consumers Access to Exclusive Properties From Nevada to New Hampshire

Business Wire, Dec 16, 1999

SEATTLE--(BUSINESS WIRE)--Dec. 15, 1999--

VacationSpot.com, the Web's leading source for finding and reserving independent vacation properties worldwide, today announced the addition of several new partnerships that will expand its already large offering of vacation property rentals worldwide.

In addition to the more than 100,000 vacation units worldwide already featured on VacationSpot.com, consumers now have access to the following one-of-a-kind vacation lodging options:

-- Loon/Cannon Real Estate, rents privately owned condominiums and

townhouses in the Loon/Cannon area of the White Mountains of New

Hampshire. These properties are located in ten different resort

locations in the White Mountains.

-- Tahoe Keys Resort Properties is a 750 acre private resort located

at the southern tip of Lake Tahoe. The Tahoe Keys properties' are

laced with eleven miles of inland waterways and offer

breathtaking views of the lake and mountains. Amenities include

tennis courts, indoor and outdoor pools, spa, health club and

more.

-- Wise Vacations manages properties in the Killington resort area

in central Vermont. Wise specializes in private homes and

condominiums, with properties ranging from woodsy cabins, to

plush vacation homes.

-- Dunes Properties of Charleston is a vacation rental and real

estate company that has been serving the Charleston Coast since

1989. Vacation properties are available at Isle of Palms, Wild

Dunes, Sullivan's Island, Charleston Harbor, Kiawah Island,

Seabrook Island and Folly Beach.

For property managers, working with VacationSpot.com makes expanding their Web business easier and more effective.

"VacationSpot.com has been very helpful in expanding our business on the Web," said Susan Chenard of Loon/Cannon Real Estate. "The VacationSpot.com staff has been particularly helpful and full of great suggestions in how to best utilize our resources on their site."

"We signed on with VacationSpot.com and saw results immediately," said Brad Lawson of Dunes Properties. "This is a great way for us to take our business into the new millennium."

"These properties represent some of the most wonderful American getaways," said Alex Chang, vice president of marketing, VacationSpot.com. "VacationSpot.com offers unique choices that are conveniently close-to-home for our American customers; and our European customers have even more opportunity to experience top-quality lodging at the best U.S. destinations."

The online travel industry is one of the brightest spots in the burgeoning e-commerce field, expected to eclipse all other forms of online purchases by the end of 1999. However, the existing solutions in the independent leisure lodging industry serve neither the consumer nor the property manager well. Great getaways such as beachfront homes, ski condos, European villas and lakefront cabins are too hard to find, and for property managers -- too hard to market. With its diverse and high-quality inventory dramatically expanded through the acquisition of Rent-a-Holiday, VacationSpot.com is poised to provide the most comprehensive travel reservation and booking systems for the vacation rental market.

About VacationSpot.com

Seattle-based VacationSpot.com, Inc. is the leading reservation network for vacation homes, rental condos, inns and B&B's around the world with a vision of making every getaway instantly reservable with the click of a mouse. Owned in part by Microsoft Corporation, VacationSpot.com is a premier member of the accommodation directory on Expedia.com(TM) (http://www.expedia.com). VacationSpot.com owns Rent-a-Holiday.com, the leading European vacation rental Internet site and together offers more than 100,000 leisure-lodging units in 44 countries, carrying a wide selection of vacation lodging options including villas, condos, homes, B&Bs, inns and more. VacationSpot.com also is a featured provider of information to Preview Travel (Nasdaq:PTVL), Travelocity.com, Yahoo! Lodging (Nasdaq:YHOO), Infoseek's GONetwork (Nasdaq:SEEK), Infospace (Nasdaq:INSP), Rent.Net, 1 Travel.com, SmarterLiving.com, SkiResorts.com and has been selected as an Ask Jeeves Silver Platter site. VacationSpot.com (formerly Rezworks) was nominated as one of the three finalists for "Most Promising Company of 1998" by the Washington Software Alliance. VacationSpot.com was the winner of the 1999-2000 Golden Web Award for excellence in Web site design.