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Yahoo! introduces Hotel Booking to UK service
Regular users to enjoy price discounts and loyalty club offers

LONDON, March 18, 1998 -- Yahoo! Inc. Need to book a hotel? Looking for that perfect weekend break? It’s time to throw away those brochures and log onto Yahoo!, the world’s leading Internet media company. Brought to you in association with The InferNet Group, Yahoo! Accommodation (http://www.yahoo.co.uk/travel/accommodation) brings you over 31,000 hotels and B&B’s listed geographically across the whole of the UK.

Offering the speed, flexibility and range of options you’ve come to expect from Yahoo!, the accommodation service couldn’t be easier to use. Peruse from country, to county, to town, or simply search at any point for the exact location, and type of residence you wish to stay in.

Once you’ve found the town or area you want, choose your price range and any added extras, such as an en-suite bathroom or a room with a TV. Yahoo! Accommodation then presents you with a list of choices, a map to get you there and the opportunity to secure your reservation.

Yahoo! Accommodation also brings you a lowest price promise for over 900 selected hotels and B&B’s throughout the country. This means that as soon as you reserve your room the price quoted on Yahoo! Accommodation is guaranteed. Yahoo! and InferNet are also developing a "frequent user Loyalty Club," which will give regular users even more discounts.

Speaking about the new service, Yahoo! UK & Ireland Producer Ralph Averbuch said: "I think our many users will find this a really helpful addition to our growing range of services. Working with InferNet, we’re not only helping them find practical information but also assisting them in the booking process."

The technology behind Yahoo! Accommodation is part of an innovative range of services being launched by The InferNet Group who won a New Media Age Award in 1997 for Leisurehunt. Steve Packard, CEO of InferNet said: "Our aim at InferNet is to provide Geo-spatial content solutions and Yahoo! Accommodation is a fine example of the benefits our solutions can provide. We envisage introducing online booking system for over 1,200 hotels by the end of April. I am sure Yahoo!’s users will find the service easy to use and the objectivity of the result will encourage them to use the service time and time again".

Yahoo! Accommodation is the latest in a series of services that Yahoo! has brought to the UK audience. It follows hot on the heels of the launch of Yahoo! Finance, Yahoo! Football and Yahoo! UK Business Pages in association with SCOOT™ and illustrates Yahoo!’s continued commitment to making the Web an easy to use and informative environment which provides the content that people really want.

About Yahoo!

Yahoo! Inc. (NASDAQ:YHOO) is a global Internet media company that offers a network of branded Web programming that serves millions of users daily. As the first online navigational guide to the Web, www.yahoo.com is the single largest guide in terms of traffic, advertising, household and business user reach, and is one of the most recognised brands associated with the Internet. Yahoo! Inc. provides the targeted Internet resources and communications services for a broad range of audiences based on demographic, key-subject and geographic interests. Yahoo! is headquartered in Santa Clara, California, and has European offices in London, Paris, Munich, and Stockholm.

About InferNet

Since its incorporation in September 1995, InferNet Limited has focused its efforts on developing Geo-spatial search tools for use on the Internet. InferNet has a comprehensive data set of digital maps of the world. InferNet pans to launch a global accomodation finder using this data, later this year. The data is consistent in format, of high quality and with global coverage.

InferNet is also producing a Global Geo-Coder product that will enable Latitude and Longitude to be assigned to an address anywhere in the world. Development is already underway and a product launch is expected in Q3 1998.

SOURCE: Yahoo! Inc.


Kate Rider
Yahoo! UK & Ireland
80-81 St Martins Lane
London WC2N 4AA
kater@uk.yahoo-inc.com
tel 0171 664 0428
fax 0171 664 0401
pr@uk.yahoo-inc.com

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