Cheapflights Announces Record Marketshare and New Appointment

As part of further international expansion, Cheapflights.com has announced the appointment of Andrew Canellos in the new position of Director of Marketing, U.S.  Canellos will be responsible for developing Cheapflights.com’s marketing strategy and is joined by four other key new industry experts in the U.S. Boston headquarters; Howard Mulcahy - Data Acquisition Manager, Nat Cramer, Online Marketing Manager, Mona Strick, Business Development and Neil Yetts, Newsletter Production.  Cheapflights.com is recruiting for further team members as part of its success and expansion.


RECORD TRAFFIC, RECORD MARKET SHARE

According to Hitwise, of the 552 online travel sites in the travel agent category, Cheapflights ranked #16 with a .53% market share for the month of May.  For the week ending 4th June Cheapflights.com market share was 5% below Kayak.  In addition, Cheapflights.com reports that unique visitors to the site have climbed to over 1 million unique users for the month of May, 2005. (Source: Webtrends).

Cheapflights.com has a proven, profitable and scaleable business model that, without any external funding, has grown from 70 travel ‘advertising partners’ and traffic of 300,000 unique users a month in early 2000, to currently over 900 ‘partners’ worldwide and a combined monthly traffic of 4 million users, one million of which are US users.
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