Online Vacation Center Holdings Corp, a Florida holding company focused on building a network of diversified vacation marketers, has enhanced the company’s successful “Cash Back” Shareholder Benefit Program.
Online Vacation is one of the country’s largest cruise retailers with a wide range of products that can be cross-sold to an extensive customer base. Its portfolio of travel companies, including Online Vacation Center, Dunhill Vacations News and Curves Travel, allows customers to research, plan and purchase a vacation.
The Shareholder’s Benefit Program started a little more than one year ago. The program provides shareholders owning 500 or more shares of company stock a 5-percent Cash Back on every cruise purchased and booked with Online Vacation Center. There are no limitations on annual usages or purchase prices of the cruises. The company is also allowing shareholders to refer their friends, family and associates. Those eligible shareholders will then receive the same 5-percent cash back when their referral travels along with them.
In regards to this morning’s announcement, Ed Rudner, the Company’s President and CEO, stated, “We believe that the Shareholder Benefit Program has substantially increased our shareholder base, and we’re pleased that our shareholders have found the cash back rebate to be so worthwhile. One shareholder has claimed benefits under the program 5 times for her own travel and one time for a friend. She’s due to receive payments totaling over $1,600 – now that’s a savvy traveler who knows how to maximize the value of our great cruise deals.”
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