02nd May 2007
Excellent 1st quarter results for Space Hotels in 2007 while its international partner, Supranational Hotels, reports optimum results at year-end 2006.
The 1st quarter of 2007 showed an exceptional economical performance by Space Hotels, the Italian partner of the large international hotelier group, Supranational Hotels. Total turnover grew by close to 10%. The foreign market showed excellent results in 2006 exceeding an increase of 18%. Worldwide online reservations soared, while in Italy there remained a noticeable preference for telephone bookings. One of the most interesting business trends was the increased number of travel agencies working with corporate clients and applying net prices.
Results of Space Hotels in Italy
In the 1st quarter of 2007, Space Hotels' total turnover increased by 9.23%. The domestic market did very well increasing by 26.88%. The foreign market showed excellent results in 2006 (+18.27%). The total number of reservations increased by 14.42% while online reservations, in particular, increased by a staggering 106.28%. All foreign reservations were made through the Gds or the Internet while 75% of reservations within Italy were through the toll free number. Another interesting aspect was the increased number of travel agencies working with net prices for their corporate clients.
Results of Supranational Hotels worldwide
Supranational Hotels, which represents almost 1,500 establishments in over 70 countries, registered a profit of 500,000 euros for 2006 even with a major technological investment of 600,000 euros. With a record of 368 new hotels ready to join Supranational in 2007, the group forecasts a double-digit growth in number of reservations (last year's profits reached 190 million US dollars with 1,200,000 nights booked). Niels Pedersen, Managing Director of Supranational, comments on the results obtained: "central to continuing success in electronic distribution is a fair no-penalty cancellations policy from hotels. Therefore, hoteliers should view their reasonable and flexible attitudes to cancellations as an old-fashioned service value that they should respect and retain".
A company with cutting-edge technology
With its 100 Space hotels in Italy and 1,500 hotels worldwide, Supranational Hotels is one of the largest international hotel representation and reservation groups. All affiliated establishments can be booked through 21 reservation offices, the GDS (code SX) or the Internet at www.spacehotels.it. As well, 800.813.013 is the toll-free number of its Voice Centre. Moreover, in 1987, Space Hotels, always on the cutting-edge of its sector, was the first hotel chain in Italy to implement a toll-free number.
Space Supranational Hotels Toll free no. 800.813.013
Email: email@example.com - Website: www.spacehotels.it
Press office c/o Marina Tavolato, Travel Marketing - Rome
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