Through Travelzoo's global network, CYTS will also tailor make exceptional deals for Travelzoo's 25 million subscribers worldwide.
For the past two years, Travelzoo Lv You Zu has published CYTS travel deals through the Top 20.
Ge Lei, Marketing Director of CYTS said, "Travelzoo is the world's most trusted and respected deal publisher.
Vivian Hong, President of Travelzoo Lv You Zu said, "We are thrilled to be forming a closer relationship with CYTS, one of the most trusted and outstanding travel brands in China.
A subsidiary of the Travel Distribution Services (TDS) Division of Cendant Corporation today announced that it has signed an agreement to form a joint venture with China CYTS Tours Holding Co.
This joint venture with CYTS, one of the innovators in the China-based travel market, gives Cendant the opportunity to become a key player in China's growing travel industry," said Sam Katz, chairman and chief executive officer of Cendant's Travel Distribution Services Division.
In addition to its existing hotel relationships, CYTS also provides the venture with the ability to include air content, package tour fulfillment capabilities and critical operating licenses throughout China.
As our economy in China grows, we are seeing a proliferation of individuals traveling and wanting to make their own arrangements, whether for leisure or for business purposes," said CYTS Chief Executive Officer, Jiang Jianning.
The joint venture will leverage the capabilities, relationships and local market expertise of both CYTS and SHTJ in China, as well as the knowledge TDS has amassed in targeting and servicing the FIT market.