When it comes to travel, Universal Travel Group (UTVG.OB) gets people going. Trading on the OTCBB, they are an air travel and air-cargo transportation agency in Southern China. Universal travel provides reservations, booking, and domestic and international travel and tourism services throughout the Peoples Republic of China.
With headquarters in Shenzhen, China, Universal Travel Group originally engaged in air-ticketing services. They then integrated cargo agency services, online hotel booking, and packaged tourism services. The company involves themselves in all these activities; however, they are mainly engaged in online travel services through their wholly owned subsidiaries.
They acquired Shenzhen Speedy Dragon Enterprises Ltd., a nationwide cargo logistics company. This subsidiary is in the Pearl River Delta in China. They also acquired Xi’an Golden Net Travel Serve Service Co. Ltd., which focuses on the domestic tourism market. This subsidiary provides air tickets, train tickets, packaged tours, and other services.
Universal Travel’s Shenzhen Yu Zhi Lu Aviation Service Company Ltd is an air travel company. They have a 9,000 square-foot call center. They also have over 100 customer service representatives for air-ticket booking, hotel reservations, packaged tours, and cargo agency services.
The company’s Shanghai Lanbao Travel Service Co. Ltd. subsidiary focuses on booking hotels through their website, www.cba-hotel.com. It is the first company combining the Chinese Characteristic Global Distribution System with the Hotel Distribution System. Customers’ sign on to the CBA website and can then access information from more than 3,000 hotel booking companies, over 200,000 hotels, and thousands of air-tickets companies and travel services companies globally.
Universal Travel Group continues to provide for business and consumer travel needs. They are well prepared for the coming Olympics in the country as well, and the logistics necessary to keep people and cargo traveling smoothly and efficiently. They hope to continue to move the company and their customers forward for many years to come.
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