Travelers Advantage Offers Additional Savings for Members; Announces Top Winter Destinations and Packages
Norwalk, Conn., May 3, 2010 Travelers Advantage, a leading discount travel service owned by Affinion Group, today announced its twenty-fifth year anniversary of providing its members with savings on air travel, cruises, dining, car rentals and accommodations. The company is celebrating this milestone by extending several special discounts to its 600,000 members nationwide, which include discounts on travel bookings and restaurants, and rebates for checking baggage on flights.
To thank members for their business over the years, Travelers Advantage is offering several discounts. Beginning today, members will receive a 30 percent discount on restaurant gift certificates purchased from Restaurants.com. Members will also get an additional $25 rebate off of their next online booking at TravelersAdvantage.com, and will enjoy up to $50 in rebates for checked luggage on each flight booked through Travelers Advantage through December 31, 2010.
Travelers Advantage members currently enjoy discounts at over 50,000 hotels and resorts and earn a 5 percent cash back bonus on eligible bookings. There are currently no service fees associated with booking and members have unlimited, 24-hour, toll-free access to the Travelers Advantage service agents, 365 days a year.
“As we celebrate twenty five years in business, we want to thank all of our loyal customers with additional discounts and benefits to make their trips more enjoyable and less expensive,” said Tom Rusin, CEO of Affinion Group. “We look forward to serving the travel and entertainment needs of our customers for many years to come.”
For more information about Travelers Advantage, please visit http://www.travelersadvantage.com
About Travelers Advantage
Members of Travelers Advantage can save money on air travel, cruises, car rentals and accommodations, as well as earn five percent cash back on eligible travel booked with preferred providers through the service. Membership in Travelers Advantage can be enjoyed during the first month for only $1. The trial membership can be canceled at any time during the one-month trial period by calling toll free and owing nothing further. Unless the member calls to cancel during the trial, the membership will be extended automatically for an entire year at the $119.99 annual fee and automatically renewed annually upon expiration at the then-current annual fee, billed to a credit card account, without the member having to do anything further. Additionally, members may call toll free to cancel at any time and receive a pro-rata refund of their then current membership fee. Travelers Advantage is offered by Affinion Group, a leader in the membership, insurance and loyalty marketing businesses, providing products and services that touch the lives of millions of Americans.
For more information visit http://www.travelersadvantage.com or call 1-800-548-1116.
About Affinion Group
As a global leader with almost 40 years of experience, Affinion Group (www.affinion.com) enhances the value of its partners' customer relationships by developing and marketing loyalty solutions. Leveraging its expertise in customer engagement, product development and targeted marketing, Affinion provides programs in subscription-based lifestyle services, personal protection, insurance and other areas to help generate increased customer loyalty and significant incremental revenue for more than 5,550 marketing partners worldwide, including many of the largest and most respected companies in financial services, retail, travel, and Internet commerce. Based in Stamford, Conn., the company has approximately 4,250 employees and markets in 17 countries globally. Affinion holds the prestigious ISO 27001 certification for the highest information security practices, is PCI compliant and Cybertrust certified.Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995
This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These statements include, but are not limited to, discussions regarding industry outlook, Affinion's expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2011, the consummation of the acquisition of Prospectiv and the impact to Affinion's business and the other non-historical statements in the discussion and analysis. These statements can be identified by the use of words such as "believes," "anticipates," "expects," "intends," "plans," "continues," "estimates," "predicts," "projects," "forecasts," and similar expressions. All forward-looking statements are based on management's current expectations and beliefs only as of the date of this press release and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks related to general economic and business conditions and international and geopolitical events, a downturn in the credit card industry or changes in the techniques of credit card issuers, industry trends, foreign currency exchange rates, the effects of a decline in travel on the Company's travel fulfillment business, termination or expiration of one or more agreements with its marketing partners or a reduction of the marketing of its services by one or more of its marketing partners, the Company's substantial leverage, restrictions contained in its debt agreements, its inability to compete effectively, and other risks identified and discussed from time to time in Affinion's reports filed with the SEC, including Affinion's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Readers are strongly encouraged to review carefully the full cautionary statements described in these reports. Except as required by law, the Company undertakes no obligation to revise or update publicly any forward-looking statements to reflect events or circumstances after the date of this press release, or to reflect the occurrence of unanticipated events or circumstances.