Auto Europe is reducing their car rental rates by 5% due to the strength of the US dollar in comparison with foreign currency. For example, as of May 4th, the German Deutsche Mark listed at 2.2 and the Italian Lira listed at 2,160 against the US Dollar. This means that US travelers will receive more value for their dollar.

"We forecast 2000 to be a banner year for European travel. In addition to the strengthening dollar, there are also an extraordinary number of special events occurring in Europe this year and we want to encourage travelers to book early for the best savings," states Imad Khalidi, CEO and President.

In addition to rate reductions, travelers can also take advantage of early booking incentives with Auto Europe's Memorial Day Sale.

These savings include discounts up to 15% off any European car rental in addition to a guaranteed free one-car class upgrade, from compact to intermediate, in Iceland and Israel. Free one-week cellular phone rentals are available with any one-week car rental.

Additionally, Auto Europe is offering a 20% discount off any Mercedes Benz, prestige or sports car rental in Europe. This offer applies to any Mercedes Benz including the C, E & S Series, Mercedes Benz Van or any prestige or sports car rental. Also included with the discount is a free cellular phone rental for the duration of the car rental.

Airfare and hotel reservations are also on sale with Auto Europe, with travelers receiving a 5% discount off any airfare plus a 10% discount off any hotel services booked online.

Up to 15% discount offer valid for European rentals only, booked by May 31, 2000 for travel through August 31, 2000 and can be combined with free upgrade offer where applicable. Discount offer varies depending upon length of rental. Upgrade offer is valid for reservations booked now through May 31, 2000 for pick-ups by May 31, 2000. Available locations and applicable car categories vary depending upon renting location. The MB discount and free cellular phone rental are valid for reservations now through May 31, 2000 for travel through December 31, 2000. 20% MB discount may be combined with additional discount offers. All car rental discount offers apply to time and mileage only. Free cellular phone rental applies to first week rental charges only, excludes airtime, activation fees and any applicable delivery fees. Air and hotel savings are valid for reservations booked now through May 31, 2000 for travel through December 31, 2000. Hotel discount is applicable at any of the 2000 locations Auto Europe services, excluding Best Western properties. Offers cannot be combined with any other discount offer, can be discontinued at any time and are subject to change without notice.

Auto Europe, a subsidiary of Airtours, PLC, is a full service travel provider. Scheduled air is available to all major cities in Europe and hotel reservations can also be arranged at over 2000 3, 4 & 5 star European properties.

For additional information contact your travel agent or Auto Europe at (800) 223-5555. Visit their web site at www.autoeurope.com