Budget Center Inc. (BCI) was formed with the goal of funding, developing and operating "budget" category domain names (URLs) in the online travel and related services industries.
The principal URL domains to be developed by BCI are:
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.
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.