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02/02/2010

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.

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