DGAP-News: hotel.de AG: Booking volume growth continues: 19.0% rise to Euro 107.96 million in third quarter of 2010
(firmenpresse) - hotel.de AG / Key word(s): Miscellaneous
07.10.2010 10:30
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Booking volume growth continues: 19.0% rise to Euro 107.96 million in third
quarter of 2010
Nuremberg, 7 October 2010* - Booking volumes at hotel.de AG showed further
growth in the third quarter of 2010 as well. Year-on-year, booking volumes
rose 19.0% from Euro 90.73 million to Euro 107.96 million. With growth of
20.1%, the company's international activities performed even better than
its domestic business (+18.2%). Booking volumes in France (measured in
terms of hotel location) showed a particularly marked improvement, rising
by 31.7%. Overall, international booking volumes totalled Euro 45.90
million (Q3 2009: Euro 38.21 million), while domestic booking volumes
amounted to Euro 62.06 million (Q3 2009: Euro 52.51 million).
Length of stay and room rates also on the increase
The trend towards longer stays also continued in the third quarter of 2010,
as did the slight rise in room rates. While corporate customers in
particular cut their travel budgets noticeably in the past economic crisis,
this customer group is now beginning to ease the controls placed on travel
activity. hotel.de in turn stands to benefit from higher reservation
volumes per booking as a result.
Bookings pass the half-a-million mark
As in the two previous quarters, the number of bookings made also rose
compared with the previous year. A total of 533,645 bookings were made via
hotel.de and hotel.info in the third quarter of 2010, equivalent to a 13.3%
increase on the previous year's period (Q3 2009: 470,992). The
disproportionate rise in booking volumes compared with the number of
bookings made documents the trend towards longer hotel stays and higher
accommodation prices already referred to above.
This overall growth is attributable both to the trend towards inexpensive
online reservation systems and to the investments made by hotel.de AG in
acquiring new customers, especially abroad. 'Consistently pressing ahead
with our internationalisation strategy has enabled us to further expand our
international market position in recent months. In our marketing and sales
activities, we will be continuing to focus both on acquiring new booking
customers and on expanding the range of international hotels on offer',
commented Dr. Heinz Raufer, CEO of hotel.de AG. Compared with domestic
bookings, international bookings are characterised by higher average
lengths of stay, and thus by higher booking volumes, and are therefore
especially important for improving the company's key earnings figures in
the longer term.
* The booking figures stated here correspond to the data enquiry as of
01.10.2010. Booking figures may be reduced by subsequent cancellations.
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&Co. KG
Simone Cujai
Tel: +49 (0)211-171835-37
Fax: +49 (0)211-171835-38
E-mail: s.cujai(at)haubrok.de
www.haubrok.de
07.10.2010 10:30 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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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: vavrinec(at)hotel.de
Internet: www.hotel.de
ISIN: DE0006910938
WKN: 691093
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in München, Düsseldorf, Stuttgart
End of Announcement DGAP News-Service
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Datum: 07.10.2010 - 10:30 Uhr
Sprache: Deutsch
News-ID 32317
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Kategorie:
Business News
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