Budget Center, Inc. (OTC: BDGN)

Written by StockGuru on January 13, 2010

Budget Center Inc. (OTC: BDGN) was formed with the goal of funding, developing and operating “budget” category domain names (URLs) in the online travel and related services industries.

Budget Center is moving aggressively on plans to build out the Budget brand and owned URLs. The recently launched www.budgethotels.com portal has potential for significant revenues represented by this development.

Budget Center is dedicated to delivering great value to its clients and customers. Through its websites, the Company strives to offer a range of the best possible travel options for every budget delivering great value and service always at budget prices.

Budget Center currently ranks #1 on Google search for its travel website www.budgethotels.com.

TravelMole, the online community for the travel and tourist industry, recently reported that “Consumers are expected to embrace thrift for the long term and operators need to adapt to this.

The principal URL domains to be developed by BCI are:

budgethotels.com
budgetairlines.com
budgetentertainment.com
budgetresorts.com
budgetravel.com
budgetskiing.com
budgetadventures.com
budgetcenter.com
budgetcharters.com
budget-cruise.com
budgetfishing.com
budgetinteractive.com

Recent Developments

The growth prospects that the online travel and related services industries offer is an opportunity for BCI to grow profitably by catering to the ever growing section of the target market required by budget category consumers world wide.

It is believed that under the current economic conditions, which are projected to last for the foreseeable future, budget brands in general will see a significant increase in value.

The growing online travel market is projected to reach $140 billion by 2010.

While it is recognized that this market will likely be adversely impacted by the current economic conditions it is also probable that businesses offering budget services stand to benefit from these same conditions.

BudgetHotels.com Brand Positioned To Capitalize on Budget Bookings

BCI has been advised that budgethotels.com is a brand that, if designed, developed and marketed properly would be well positioned to capitalize on the growing online travel market and that a new and compelling “budget” online travel brand would be appropriate to drive tens of millions of dollars in bookings to the site.

Budget Center’s core strategy is to leverage the revenues accruing to its “budget” domain portfolio through relationships with the major, well known, websites.

Budget Center will Provide “budget” on-line visitors with access to thousands of hotel rooms, airlines, cruises and related activities around the world without Budget Center incurring the expense of developing and maintaining these inventories.

While the online travel market is filled with competition there are no prominent websites that are focused on “budget” lodging opportunities.

Budget Center Drivers

Relevant traffic will be driven to the site through multiple sources:

Constructing sites that focus on the best Search Engine Optimization practices
Organizing strategic and efficient Search Engine Marketing programs
Requiring online advertising arrangements that are either CPA (Cost per Acquisition) and/or targeted CPC (Cost per Click) driven
Developing an e-mail marketing program
Negotiate attractive affiliate deals with other websites

HotelsCombined.com Agreement Creates Incredible Opportunity

Budget Center recently signed a formal agreement with HotelsCombined.com to launch its new online Travel Website.

The new online travel website www.budgethotels.com was launched on Dec. 27, 2009 in partnership with industry giant www.HotelsCombined.com.

Hotels Combined Pty Ltd. is located in Sydney, Australia. The travel website now has the ability to connect users with more than 900,000 global hotel deals from over 30 merchants, delivering the “Budget” brand to thousands of customers worldwide. Travel enthusiasts from all over the world will now be able to find the best travel deals delivered in 14 languages and 118 currencies.

The new website also includes XML feeds and a “set your own budget” feature which allows customers to select a specific price for their vacation and automatically receive information on the best travel deals that fit the budget they entered.

HotelsCombined.com was established in 2005 by a team of business, marketing and technology experts from the online hotel reservation industry including former executives of HotelClub.com, RatesToGo.com and Stella Hospitality Group. HotelsCombined.com is a unique search engine that consumers can use to find hotel availability and rates, and to compare prices and offers from multiple merchants.

Rise of Budget Demands with Downturn in Economy

The current economic downturn is creating a lasting return to online travel sites focused on budget-conscious consumers looking for bargains. Although overall travel spending contracted with the economy in 2009, a report by Forrester Research indicates that travel spending is expected to rebound starting in 2010 and continue upward through 2013.

Online leisure and business travel spending is expected to increase from 2008 levels of $111 billion to $158 billion by 2013.

This trend bodes well for companies such as Budget Center Inc. which has commenced the development of its “budget” category domain network in the online travel and related industries. This includes the development of highly relevant and valuable “budget” brand domains such as budgetairlines.com, budgethotels.com, budgetresorts.com, budgetravel.com, budgetskiing.com, budgetadventures.com, budgetentertainment.com, and budgetcharters.com.

Budget Center aims to grow profitably by catering to its ever-growing target market “budget category” consumers worldwide. The current economic conditions actually create a positive environment for budget-oriented travel hubs, which are projected to flourish along with many other budget sectors. Online travel hubs continue to be a huge draw for consumers who spend an average of 10 minutes per session on such sites, giving marketers a golden opportunity to engage them. Studies show that the more engaged the consumer the more likely they are to react or interact with relevant advertising.

Development and Marketing Agreement for its www.budgetskiing.com Domain

Former world freestyle champion Lauralee Bowie and her company Lauralee Bowie Ski Adventures http://skiadventures.net/ located in Vancouver, Canada, the host city of the 2010 Winter Olympics.

Ms Bowie is a World Champion Freestyle Skier, 3-time Canadian National Champion, and former member of the Canadian National Ski Team. She is also a 12 year veteran Ski and Boot Equipment Tester for Ski Magazine and Ski Canada Magazine. Her professional background and passion make Ski Adventures one of the top instructional programs in the world. Lauralee has been sharing her philosophy, helping people of all ages and abilities across five continents-for over 2 decades. Since 1984, Lauralee Bowie Ski Adventures and its affiliated companies and partners have focused on providing the ultimate ski experience. She has been recognized for excellence worldwide for her execution of a distinctive teaching program.

Lauralee Bowie Ski Adventures are currently offered at major resorts in North America, Japan, and Argentina. Rated by Ski Magazine, “An International Hit”, Lauralee Bowie Ski Adventures Personal Ski Coaching Program scored among the World’s top 5. Ski Canada Magazine rated it the best in Canada.

Website fully dedicated to the budget minded skier with the best prices available for ski travelers.

Management

Robert Chalmers
President & Chief Executive Officer

Mr. Chalmers co-founded Budget Center Inc. With over 30 years of entrepreneurial, business management and market initialization experience, he drives and directs the Company’s development and technology vision. He is adept at guiding emerging and publicly traded start-up companies through the stages of capital formation, strategic planning and business growth; specializing in venture capital financing. Mr.Chalmers diversified background includes senior management, marketing, and sales positions with both established and start-up companies.

William McLaws
Vice President, Corporate Development

Mr McLaws co-founded Budget Center Inc. With 35 years of experience, in both small business and public companies he is directing the corporate development of Budget Center with on going partnerships with added value suppliers. His keen sense of negotiation and management is invaluable as the company moves ahead forging strategic alliances with major players in the online travel industry. Mr McLaws experience in the public market arena is diverse as he has he has sat on the board of several emerging public companies.\

Hear CEO Interview on SmallCapVoice.com

A recent audio interview with Budget Center Inc., CEO Richard Chalmers, can be heard at http://smallcapvoice.com/blog/1-8-10-audio-interview-with-budget-center-inc-otcpk-bdgn/.

Budget Center Inc.
776 Valley Rise
Henderson, NV 89052
http://www.budgetcenter.com
Phone: 702-460-7501
Fax: 310-362-8720
E-mail: info@budgetcenter.com

About Budget Center Inc.

Budget Center Inc. has commenced the development of its “budget” category domain network in the online travel and related industries. This program will include the development of the following highly relevant and valuable “budget” brand domains: budgetairlines.com, budgethotels.com, budgetresorts.com, budgetravel.com, budgetskiing.com, budgetadventures.com, budgetentertainment.com, and budgetcharters.com. Budget Center is dedicated to delivering great value to its clients and customers. Through its websites, the Company will strive to offer a range of the best possible travel options for every budget. When shopping at any of the Company-owned websites, visitors will receive great value and service always at budget prices. The Company will continually strive to meet its customers’ needs through ongoing market research, partnerships, and quality offerings at the best savings available.

Forward-looking Statement:

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 – forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at Budget’s stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Disclosure:

Disclosure: Pentony Enterprises LLC has been or will be compensated up to four thousand five hundred dollars from Dream Team Investor Relations. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. We will not be buying or selling shares of Budget Center, Inc.(OTC: BDGN) during the promotional period.

Share and Enjoy: