DGAP-News: hotel.de AG: Booking volumes up 17.4% to Euro 94.30 million in 2nd quarter of 2011
(firmenpresse) - DGAP-News: hotel.de AG / Key word(s): Miscellaneous
hotel.de AG: Booking volumes up 17.4% to Euro 94.30 million in 2nd
quarter of 2011
07.07.2011 / 12:00
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Booking volumes up 17.4% to Euro 94.30 million in 2nd quarter of 2011
Nuremberg, 7 July 2011 - hotel.de AG can report commissionable net booking
volumes* of Euro 94.30 million for the second quarter of the 2011 financial
year. This figure corresponds to the quarterly volume of 'new orders
received' which was up 17.4% on the previous year's figure (Q2 2010: Euro
80.32 million). International booking volumes grew by 20.1% from Euro 34.47
million to Euro 41.41 million, accounting for around 43.9% of total booking
volumes (Q2 2010: 42.9%). The domestic business improved by 15.3% from Euro
45.86 million to Euro 52.89 million.
Commissionable net booking volumes for the first half of 2011 as a whole,
now amount to Euro 182.74 million, up 13.1% on the previous year's figure
of Euro 161.52 million.
Growth in commissionable net checkout volumes
Commissionable net checkout volumes, the key figure presenting the volume
of commissionable accommodation respectively departures actually taken up
in the period under report, amounted to Euro 91.00 million in the second
quarter of 2011 (Q2 2010: Euro 82.89 million), 9.8% ahead of the previous
year's figure. In the period from January to June, commissionable net
checkout volumes totalled Euro 163.10 million (previous year: Euro 150.20
million), corresponding to year-on-year growth of 8.6%.
Dr. Heinz Raufer, CEO of hotel.de AG commented on the recent developments:
'Despite the growth achieved compared with first quarter, we are still not
satisfied with the development in our commissionable net checkout volumes
in the second quarter. The weaker level of growth compared with booking
volumes respectively the incoming orders was due to the relative weakness
of incoming orders in the first quarter of 2011, a factor now reflected in
commissionable net checkout volumes in the second quarter of 2011.
Individual foreign markets, for example, posted below average performances.
Given the very positive development in booking volumes in the second
quarter, we expect to see a further improvement, also in terms of our
commissionable net checkout volumes, in the third quarter.'
Ongoing growth in booking figures
The number of bookings made also continued to rise, increasing by 11.2% to
480,042 in the second quarter of 2011 (Q2 2010: 431,803). A total of
941,858 bookings were made in the first six months as a whole, 9.3% up on
the previous year's figure of 861,643.
In view of the positive overall booking figures for the second quarter and
the traditionally stronger business performance in the second half of the
financial year, the Management Board of hotel.de AG is upholding its
forecast of generating sales growth in a low double-digit percentage range.
* The booking figures stated here correspond to the data inquiry status on
01.07.2011. Booking figures may subsequently be reduced by cancellations.
Since the first quarter of 2011 we have converted our reporting to net
booking volumes adjusted for non-commissionable bookings. Net booking
volumes correlate more closely to net checkout volumes and thus provide a
more exact indication of the company's future sales performance. The
previous year's figures have been adjusted accordingly.
About hotel.de AG
hotel.de AG operates a global hotel reservation service for companies and
private customers at its www.hotel.de and www.hotel.info addresses.
Available in 37 languages, these websites enable customers to book
accommodation at more than 210,000 hotels in all categories easily, quickly
and at optimal prices. More than 4 million private and business customers
from all around the world now place their trust in this service to book
hotels. When selecting their hotel they can refer to more than 1,5 million
personal hotel evaluations. Well-known companies such as BASF, SAP AG,
Texas Instruments , Ernst&Young AG and many more use hotel.de's corporate
application to book hotels for business travel.
Based in Nuremberg, hotel.de AG also has a branch in Hamm (Westphalia) and
sales offices in the UK (London), France (Paris), Spain (Barcelona), Italy
(Rome), China (Shanghai) and Singapore. The company was founded in 2001 and
was publicly listed in October 2006. In 2010, the company mediated
reservation volumes in excess of Euro 390. million.
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Press contact:
hotel.de AG
Aleksander Szumilas
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
Dorothea Schneider
Tel: +49 (0)89-21027-520
Fax: +49 (0)89-21027-598
E-Mail: D.Schneider(at)haubrok.de
www.haubrok.de
End of Corporate News
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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: szumilas(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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131231 07.07.2011
Datum: 07.07.2011 - 12:00 Uhr
Sprache: Deutsch
News-ID 34560
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