News: Haz Holdings, Inc.,has entered into agreements with Air France, American Airlines, China Airlines and Continental Airlines.
Haz Holdings, Inc. Announces Agreement between Its Hotel Marquis & Suites and Certain Airlines to Provide Passenger Accomodations
SEATTLE, Feb 12, 2007 (BUSINESS WIRE) -- Oncology Med, Inc. (OTC: ONCM) ("Oncology Med" or the "Company"), today announced that Hotel Marquis & Suites ("Hotel Marquis") (www.hazhotels.com), the wholly-owned hotel chain of its merger partner, Haz Holdings, Inc., a Delaware corporation ("Haz Holdings"), has entered into agreements with Air France, American Airlines, China Airlines and Continental Airlines to provide accommodations to stranded air travelers who are booked on flights departing from George Bush Intercontinental Airport in Houston, Texas and San Antonio International Airport in San Antonio, Texas.
Under the agreements, passengers on these airlines whose flights are overbooked, delayed for an extended period and/or cancelled are entitled to receive vouchers good for a complimentary room at either the Hotel Marquis and Suites Intercontinental Airport hotel in Houston or the Hotel Marquis Airport in San Antonio. Hotel Marquis bills the airlines for those rooms issued to passengers presenting vouchers upon check-in.
Karim Bhanji, CEO of Haz Holdings Inc., stated, "We are delighted that these airlines have chosen Hotel Marquis to provide accommodations to passengers who may face unexpected changes in their travel plans."
The Company announced on February 5, 2007 that it has entered into an agreement to merge a wholly-owned subsidiary of the Company into Haz Holdings, Inc. The Company expects the merger to be completed sometime in March 2007. |