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Parsippany, NJ and Frankfurt, Germany 2005-11-05

TRUST International , a division of Cendant Corporation (NYSE:CD) and a global provider of technology and distribution solutions for the hospitality industry, and Moevenpick Hotels and Resorts, today announced the renewal of the service agreement that was originally signed in 1997, that provides Moevenpick hotels with access to Voyager CRS, TRUSTs state-of-the-art Central Reservation System (CRS). Voyager CRS gives the hotels access to a valuable suite of products and services, including Global Distribution System (GDS) and Internet Distribution Channels (IDS) connectivity, an internet booking engine, data maintenance tools, business intelligence modules, centralized commission payments and global communication centers.

Voyager CRS is one of the industrys most innovative and comprehensive web-based reservation systems, providing hotel companies with a strategic advantage over their competitors CRS systems through high performance, innovative data processing. Seamless next generation functionality connects Voyager to all GDS systems including Galileo, Sabre, Amadeus and Worldspan. In addition, Voyager connects to an expanding portfolio of online channels such as Expedia or Revenue Management System (RMS) programs for processing hurdle rates, which supply travel agents with real-time availability and rate information for its hotels.

TRUST has been a reliable supplier for our distribution businesses since we originally started working together in 1997, said Steven Nikolov, Senior Vice President Sales & Marketing, Moevenpick Hotels and Resorts. Equally important for us is an aggressive strategy on the Internet. We are pleased to see TRUST´s and Cendant´s plans when it comes to internet, interfaces or new services. It is important for Moevenpick to stay at the forefront of distribution technology and services at all times in order to generate maximum revenues for our hotels, and working with TRUSTs Voyager CRS ensures that we are ahead of the competition.


We are pleased that our relationship with Moevenpick is continuing well into the future. Our complementary services and long history together underscores our mutual commitment to evolve and adapt to the ever -changing needs of our respective clients in the hospitality arena, commented Richard Wiegmann, Chief Operating Officer, TRUST International and WIZCOM International.


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