hotel.de posts bullish figures

hotel.de AG, has posted its quarterly figures which show booking volumes rose to a new quarterly record of Euro 107.8 million, up 53.1% on the same period in the previous year.

Total booking volumes in the months of April to June (volume of reservations made in the 2nd quarter) rose from Euro 70.4 million in the equivalent period last year to Euro 107.8 million.

The international business, which grew by 61.7% to Euro 50.1 million, accounted for 47% of total bookings in the 2nd quarter already. The most rapid growth was reported by the French business, which grew by around 70%. hotel.de nevertheless also stepped up the pace of growth in its German business, which expanded by 46.4%.

“Even though we have once again reported very high year-on-year growth rates both in Germany and abroad, our figures would have been even better had it not been for the EURO 2008 football championship”, commented Dr. Heinz Raufer, CEO of hotel.de, with regard to the figures. “Our private customer business benefited from additional bookings due to the championship. However, this major sporting event also led numerous business customers to postpone travel.”
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