Latest NewsHilton Hotels Corporation sees turnover from internet bookings surge(31 October 2006 10:22)Hilton Hotels Corporation expects to make more than $2.5b (£1.3b) in turnover this year from bookings made through its websites. This represents huge growth of 253% from five years ago when turnover from its websites was $709m (£373m). Bookings through Hilton-branded websites, which have increased at 30% year-on-year since 2002, were up by 39% in third quarter of 2006 compared with the same period a year ago. Website bookings currently represent 17.2% of the company’s overall total bookings, compared with 9.1% in 2002. In contrast, contribution of third-party online agencies has remained flat at 3% of total bookings, and currently represents 15% of Hilton’s entire internet business. Hilton Hotels sells Metropole sites for more than £400m >> Article continues below
Hilton boss plans expansion in Europe and China >> London Hilton Tower Bridge hotel opened >> Hilton appoints Radisson Edwardian Hotels man to support UK & Ireland >> By Chris Druce E-mail your comments to Chris Druce here. Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%. Source: CatererSearch |
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