DGAP-News: Booking volumes rise by 9.7% in first quarter
(firmenpresse) - hotel.de AG / Miscellaneous
08.04.2010 09:59
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Booking volumes rise by 9.7% in first quarter; international business
maintains its positive performance
Nuremberg, 8 April 2010* - hotel.de AG, one of the leading worldwide online
hotel reservation services, can report booking volume growth of 9.7% to
Euro 100.9 million in the first quarter of 2010 (Q1 2009: Euro 92.0
million). International booking volumes, which rose by 13.8% to Euro 43.1
million, contributed significantly to this development (Q1 2009: Euro 37.9
million). The marked upturn in the international business already apparent
from the fourth quarter of 2009 has been driven in particular by the global
economic recovery. Italy and the UK, still negative in previous quarters,
have now made positive growth contributions once more, with booking volume
growth of 4.2% and 12.2% respectively. Especially strong performances were
seen once again in France (+26.3% on the previous year's period) and Spain
(+14.5% on the previous year's period). Booking volumes in Germany,
hotel.de's home market, also improved substantially, rising by 6.8% from
Euro 54.1 million to Euro 57.8 million. The conference business segment
contributed booking volumes of Euro 2.1 million (Q1 2009: Euro 3.1
million).
Number of bookings grows in line with booking volumes
The number of bookings increased by 9.5% from 461,407 to 505,390, and thus
grew at a similar rate to booking volumes. The international business
accounted for 166,351 bookings, 13.8% more than in the first quarter of the
previous year. The number of bookings in Germany increased by 7.8% to
339,039. 'The economic recovery has led conditions in the business travel
segment to gradually return to normal,' commented Dr. Heinz Raufer, CEO of
hotel.de AG. 'Following the drastic fall in room prices and average length
of stay per booking last year, these two key figures are slowly coming back
to pre-crisis levels. Bookings by our key account customers have also
picked up noticeably. Our business customers' travel volumes are like a
barometer of economic activity - one which is now clearly pointing
upwards.'
*The booking figures quoted here correspond to the data query status on
01.04.2010. Retrospective cancellations lead to a corresponding reduction
in booking totals.
hotel.de AG
hotel.de AG, with its international brand hotel.info, operates a free hotel
reservation service for companies and private customers at www.hotel.de and
www.hotel.info. The company offers more than 210,000 hotels worldwide for
booking online. Customers benefit in this respect from considerable cost
savings. hotel.de shows all available room rates for each hotel, thus
always enabling customers to select the lowest or most appropriate rate.
All bookings are forward simultaneously, securely and directly to the
individual hotel. This is guaranteed by the unique integration of hotels'
own reservation systems (so-called CRS and PMS systems) and hotel.de's own
myRES reservation system under hotel.de's standard user surface. hotel.de's
corporate application is already used by well-known companies, such as
BASF, SAP AG, Texas Instruments and Ernst&Young AG. Since January 2007,
hotel.de has extended its portfolio to include a conference enquiries and
booking system. Business customers in particular stand to save time and
money due to the optimised conference organisation processes facilitated by
this conference tool.
hotel.info
hotel.info - the international brand of hotel.de AG - was created to
promote the company's expansion into international markets. To acquire new
customers and hotels abroad, sales offices have already been opened in the
UK (London), France (Paris), Spain (Barcelona), Italy (Rome) and China
(Shanghai). The company's high share of business customers with
international operations facilitates its entry into new markets. The aim is
to establish hotel.info as the leading online hotel reservation service for
business and private customers in the foreign markets mentioned and then
step by step across the whole of Europe.
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Press contact:
hotel.de AG
Timo Vavrinec
Hugo-Junkers-Str. 15-17
90411 Nuremberg
Tel: +49 (0)911-59832-0
Fax: +49 (0)911-59832-11
E-mail: presse(at)hotel.de
www.hotel.de
Haubrok Investor Relations GmbH
Simone Gorny
Kaistraße 16
40211 Düsseldorf
Tel: +49 (0)211-30126-130
Fax: +49 (0)211-30126-5130
E-mail: s.gorny(at)haubrok.de
www.haubrok.de
08.04.2010 09:59 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: hotel.de AG
Hugo-Junkers-Str. 15-17
90411 Nürnberg
Deutschland
Phone: +49 (0)911 59832 2600
Fax: +49 (0)911 5983 211
E-mail: kleindienst(at)hotel.de
Internet: www.hotel.de
ISIN: DE0006910938
WKN: 691093
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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Datum: 08.04.2010 - 09:59 Uhr
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