POINT ROBERTS, WA BudgetHotels.com, an Internet hotel reservations provider, reported that revenues were up $801,518 for the 2000 fiscal year, representing an increase of 24.8% over 1999. Internet website revenue increased 133% over the previous year, and advertising board revenue increased by 21%.
William Marshall, president/CEO, stated that the company expects to generate significant revenues and earnings in the coming year through its agreement with Pegasus Solutions, which will increase the number of properties on BudgetHotels website from 3,000 to 40,000. (3/8/01)