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Online hotel reservation company rolls out expansion program
Wednesday, May 14, 2008

EasyToBook.com, an online hotel booking agency, is currently rolling out an extensive and ambitious expansion operation. The company is expanding from three European destinations to over 2.400 global destinations. The new destinations are being added from now through July 2008. EasyToBook.com’s completely renewed website will offer around 20.000 hotels worldwide. Dublin, London, New York, Paris and Prague have already been added to the website as the first new cities.

"Due to the combination of the best choice in accommodation, the lowest room rates, a highly user friendly booking system and the new global destinations, EasyToBook.com is rapidly becoming a leading online hotel booking company and a major force to be reckoned with," said the agency. The company aspires a ranking on the Deloitte Technology Fast 500 EMEA list, which contains the fastest growing technology companies in Europe, Middle East en Africa.

Mrs. Michal Hubschmann, co-founder & CEO, says: “I am proud to say that by the third quarter 2008 we will have succeeded in our goal to become a global hotel booking agency. During three consecutive years our company results have shown a tremendous annual increase of much more than 100%. Over 2007 we boasted a gross sales of over 36 million euro. We expect to reach 75 million euro in hotel reservations in 2008. The first quarter in 2008 looks promising. With over 13 million euro gross sales we start the year ahead of budget. We achieved this with a mere three destinations. Therefore, with so many more destinations, we expect our results to continue to increase significantly. We also expect many more repeat visitors and actual bookers due to the added cities.”

Theodore Koumelis - Wednesday, May 14, 2008
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How will the currently developing financial crisis and oil prices rally affect the tourism industry?.

they will have temporary and minimal effect and the situation will stabilize in a year or two

we should be looking at a restructuring in the international tourism movements and trends

it is still too early to access the impact on world tourism, medium or long term

we will see more tourism closer to home, and less international travel

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