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Theme Park & Resort in Vietnam? [Archive] - MousePad

View Full Version : Theme Park & Resort in Vietnam?


CarolKoster
02-26-2004, 07:05 AM
Read this press release off Business Wire, I found it on CBS Marketwatch today. I don't remember hearing about a Disney theme park and resort complex in Vietnam.... Or is this wishful thinking on the part of the issuer of the press release? Look for the DIS ticker symbol to find what I'm talking about. Quoting:

WorldTradeShow.com and HOTELS.com.VN Announces Revenue with over 150 Affiliated Hotels in Vietnam
2/26/2004 9:20:00 AM

SAN DIEGO, Feb 26, 2004 (BUSINESS WIRE) -- WorldTradeShow.com, Inc. (WTSW) , a Nevada corporation, specializes in producing and marketing online tradeshows for the travel/tourism, import/export and meeting/convention industries, announces that it has signed up over 150 Hotels as customers throughout Vietnam. Every week, many Vietnamese hotels are signing up to advertise and use our commission-fee automated and secured online reservation program.

www.HOTELS.com.VN, is currently collecting premium revenue of 10% on every room booked through this site. This is the largest official travel/tourism website for the Country of Vietnam and is approved by Vietnam National Association of Tourism (VNAT).

"VNAT realizes the global tourism market is very competitive. We are very pleased to be partnering with your online tradeshow company to enhance our destination promotions and therefore be more competitive. Furthermore, we appreciate your expertise in Internet e-commerce software, such as providing your proprietary online booking program to service over 3,000 Hotels in Vietnam. Also, your Company offering direct online dotVN www.VN domain names registration for our members will surely help them building their own Internet presence." says Dr. Lai Nguyen Tuong, Vice Chairman of (VNAT)

Sheldon Silverman, CEO said, "WorldTradeShow.com is very excited to be in revenue with Vietnam's largest travel/tourism website, www.HOTELS.com.VN. This is the beginning of many of our recurring revenue streams from 3,000 major hotels, 200 travel companies, restaurants, and entertainment centers in Vietnam. Internet travel bookings are made more now than ever, it is estimated that over 75% of travel/tourism is booked online, and to be the Marketing Manager of Vietnam's ultimate travel/tourism portal is a huge achievement for WorldTradeShow.com

With www.HOTELS.com.VN, designed and produced by HI-TEK.com, this comprehensive travel/tourism site now available, worldwide travelers will use this official Vietnam Tourism Association website as the ultimate source in reviewing, selecting and making online purchases for airline tickets, renting cars, booking hotel rooms, golf tee times and other travel related transactions.

Last week one of our customers, The Walt Disney Company (DIS) , committed to invest over $1 billion U.S. dollars in Vietnam to develop and build a premier theme park, golf courses and entertainment center for visitors worldwide to enjoy. Many foreign investments are helping to increase growth in Vietnam's travel/tourism businesses.

View the article: www.vneconomy.com.vn/en_index.php?action=preview&id=040210095623

About the Company:

WorldTradeShow.com, Inc., (www.WorldTradeShow.com) is a leading edge online tradeshow and marketing company. Using the latest broadband technologies, the Company delivers real-time Virtual Tradeshow experience via the Internet. Its web portal contains a comprehensive database of updated tradeshows, conventions and expositions worldwide in this $2 trillion dollar industry. WTSW has offices in U.S., Mexico and Vietnam.

Vietnam Tourism Association (VITA) (www.VietnamTourism.com), directly under Vietnam National Administration of Tourism (VNAT) with members including Vietnamese enterprises, commercial organizations and individuals in the travel/tourism industry based at No. 7 Dao Duy Anh, Dong Da, Hanoi, Vietnam.

HI-TEK, Inc., (www.HI-TEK.com), the Official Authorized Global Marketing Agent for Vietnam, and exclusive Registrar for .VN ccTLD domain registration online services (www.VN), specializes in providing multi-lingual Internet services, ISP, e-commerce software development and e-marketing. HI-TEK's clients include global Fortune 15,000 companies. HI-TEK has offices in the U.S., Mexico and Vietnam.

Safe Harbor Statement:

This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein.

SOURCE: WorldTradeShow.com, Inc

End of quoted material.

CarolKoster
02-26-2004, 07:27 AM
I told my husband about the above. He said "If you don't see it as an 'Official Disney Press Release' don't believe it. Places and businesses issue things like this and then Disney has to release a correction about it to clarify." Had me goin' there, first thing in the mornin'. Sheeeesh! Apologies, I truly didn't mean to mislead, but it seemed authentic at first.


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