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Associate Member
Very few, if any, businesses in the travel industry operate at 100% occupancy
or utilisation and would like to sell their excess capacity without having to
slash rates. This is where Direct Travel Club can help.
The Concept
The idea behind DTC is to allow corporate members to exchange their excess capacity
for Travel Tokens at their full rate or tariff which they can then spend to purchase
other services or redeem them for cash. If they chose to spend them they will
receive services for their full value. If however they decide to sell them or
a proportion of them they will receive 50% of their value in cash. This means
that companies or private individuals can therefore buy these Tokens at 50% of
their face value.
How does it work ?
Each associate member pays an annual membership fee and is then allowed to purchase
Travel Tokens through DTC. The value of each Token is £1.00 but the member
will only pay 50p. If for example a member wishes to buy 1000 Tokens this will
cost them £500.00. Remember the corporate member is selling his Travel Tokens
at 50% of there face value. Once the associate member has his Travel Tokens he
can then purchase services from corporate members. The price for the service will
be advertised in Travel Tokens and this is
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the rate that will be charged. For example if a hotel has a
normal rack rate equivalent to £100.00 per night the associate member will
be charged 100 Travel Tokens, but because he only paid 50p per Token, the room
is actually costing £50.00. A company who spends £10,000 per year
on travel related services will be able to have the same purchasing power for
a cost of £5,000.
How many Travel Tokens can each associate members purchase ?
An Associate member may buy a maximum of 1000 Tokens for a subscription of £50, 3000 Tokens for a subscription of £100 and an unlimited amount for a subscription of £200
How much does membership cost ?
As explained above the annual membership fee depends on how many tokens each members
wants to buy with the minimum fee being £50.00 The only other cost is a
commission fee of 2.5% charged by DTC on the purchase and sale of tokens. Vat
is also applicable at the current rate on membership fees and commission charges
but not on the value of tokens
How do I make a reservation ?
Complete the service request form which will be e-mailed to the host member who
will then reply within 24 hours as to the availability of the requested service.
If the reply is negative it means the host member cannot accept the booking
as requested. If you wish to try another host or change your requirements you
must complete a new service request form.
If the reply is affirmative the booking will be held for 48 hours by which
time you must decide whether or not you wish to proceed by clicking on the appropriate
link which will be e-mailed to the host member who will confirm their acceptance.
At this stage the token accounts of the members will be debited and credited
accordingly.
How do I join ?
Simply read our terms and conditions, then fill out the secure
online application form and submit it to the Direct Travel Club
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