IMS Barter Adds 22% More Hotels &
Resorts � Totaling 752
International Monetary Systems (OTCBB:ITNM), a worldwide leader in
business-to-business barter services, announced that it has added
165 hotels and resorts to its accommodations� roster during the past
fifteen months.
The faltering economy has put a damper on business and leisure
travel, leaving many hotels and resorts experiencing occupancy
levels at all-time lows. This wrinkle in the economy has opened up
many doors for barter opportunities throughout North America.
�The amount of hotels, resorts, and bed and breakfast establishments
in business has not changed dramatically. But consumer fear,
business budget and credit-line cuts, plus online price shopping
have diminished the days of rack-rate returns for the lodging
industry. IMS has seized this opportunity,� said Executive Vice
President John Strabley.
Since the beginning of the recessionary meltdown, IMS has added 22%
more hotels, resorts and lodging establishments to the list of
members accepting trade dollars as currency. This contradicts
information published recently by industry analyst Smith Travel
Research, which states: �The U.S. hotel industry posted a
double-digit drop in revenue per available room during 2009. The
metric fell 16.7% to $53.71, the largest year-end decrease of any of
the three key measurements.�
Since October of 2008, IMS has added 165 hotels and other resorts,
increasing the company�s hospitality base to 752 establishments.
For more information see
click here.