IRVINE, Calif., Jan. 12, 2010 (GLOBE NEWSWIRE) -- According to several recent reports, 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. And online travel may lead the way. 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. (Pink Sheets:BDGN), 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.
View a profile on Budget Center Inc. at: http://finance.yahoo.com/q/pr?s=BDGN.PK
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.
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.
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