May 28, 2008
Hostelworld.com, the leading provider of online reservations to the youth, independent and budget accommodation market reached a major milestone in its history this week when it celebrated 10 million bookings!
Hostelworld.com's CEO Feargal Mooney commented "We're absolutely delighted to have reached this booking milestone as it represents all the hard work by everyone involved in the site. Hostelworld.com has gone from strength to strength since its launch back in 1999. Consistent innovation and use of best of breed technology has enabled us to sustain the explosive growth we have experienced, allowing us to remain the number one online reservations site for the budget accommodation sector."
He continued "With the credit crunch making people relook at their holiday plans we have noticed a significant increase in bookings on this time last year. People do not want to forgo their sacred holiday and therefore are turning to a more affordable alternative - hostels - which offer a unique range of accommodations and top-rate facilities. Hostelworld offers every type of hostel to suit the more economically minded - from luxurious to family friendly, from eco to city central, all over the world."
Hostelworld.com is a leading provider of online reservations to the budget, independent and youth travel market. It offers confirmed online reservations for over 17,000 hostels and budget hotels in 168 countries worldwide. The site also offers budget travellers free podcasts, customised city guides, a travel social network and more. Hostelworld.com is headquartered in Dublin and is fully owned and operated by Web Reservations International Ltd (WRI).