2010 Tech Track 100
Rank: 62 Hostelbookers.com
Travellers in Stockholm can use its website to book a stay in a Boeing 747 cockpit
Founded in 2003, Hostelbookers.com allows travellers to compare prices and book rooms in more than 20,000 hostels, guest houses and campsites in 3,000 cities worldwide. Accommodation providers pay a fee when a booking is made through the company’s website, but the service is free for travellers. This has contributed to growth as Hostelbookers.com claims it is able to offer beds at nearly 9% less than its main competitor. Under chief operating officer David Smith, sales at the London company grew 46% a year from £2.7m in 2006 to £8.3m in 2009.
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Founded in 2003, Hostelbookers.com allows travellers to compare prices and book rooms in more than 20,000 hostels, guest houses and campsites in 3,000 cities worldwide. Accommodation providers pay a fee when a booking is made through the company’s website, but the service is free for travellers. This has contributed to growth as Hostelbookers.com claims it is able to offer beds at nearly 9% less than its main competitor. Under chief operating officer David Smith, sales at the London company grew 46% a year from £2.7m in 2006 to £8.3m in 2009.
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Company facts
Hostelbookers.com
Online accommodation booking agency
Company website
| Sales growth | 45.76% pa |
| 2009 sales | £8.3m |
| 2006 sales | £2.7m |
| 2009 staff | 77 |
| Founded | 2003 |
| Location of HQ | London |
| If applicable: * = annualised figures ‡ = draft accounts |
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