Sam's Club (NYSE:WMT) has launched Sam's Club Travel, a savings-centered online booking service for club members for business and leisure travel needs.
The digital service is available to members online and is a collaboration with Tourico Holidays, a provider of wholesale travel services. The program scales Tourico's proprietary technology to Sam's Club members and offers savings on 4,500 worldwide destinations, hotels, attractions, airlines, car rental brands and cruise lines. Both a la carte and vacation packages are available.
"Adding best-in-class travel savings to the portfolio of Sam's Club membership benefits reinforces our commitment to be the most valuable card in our members' wallets," said Seong Ohm, senior VP of merchandise business services at Sam's Club. "The savings a member receives by booking just one family vacation will justify the cost of their annual membership. Our members deserve to be rewarded with savings and convenience for every life event, be it a vacation, last-minute business trip or a night on the town. Tourico's business model keeps travel affordable and accessible for our members at a time when costs of fuel, flights and accommodations are steadily rising."
"Our industry-leading technology and global travel relationships provide Sam's Club members with virtually unlimited trip possibilities at the best value available," said Uri Argov, CEO of Tourico Holidays. "Our alliance also gives Sam's Club the advantage of being the first warehouse club travel program to offer multi-channel member support, 24 hours a day, 7 days a week, 365 days a year. As business and leisure travel expands globally, round-the-clock access is a vital member benefit."
Sam's Club Travel launches as U.S. demand rises for travel, despite increased prices on transportation and fuel. According to the U.S. Travel Association, domestic leisure travel is expected to rise 1.7 percent in 2014 to 1.6 billion trips, and business travelers are expected to take 452 million domestic trips this year.
Walmart has been busily rolling out new services. The retailer recently announced plans to sell auto insurance online and in some Walmart stores. It also has rolled out a new, affordable money-transfer service that will allow shoppers to send and receive up to $900 at a time at more than 4,000 U.S. stores.
-See this Sam's Club press release
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