WRI buys another slice of budget and youth market - TravelMole


WRI buys another slice of budget and youth market

Monday, 04 Mar, 2004 0

Hostels of Europe has been bought by Web Reservations International (WRI), which takes online bookings for the budget and youth travel market. Dublin-based WRI already owns hostelworld.com and hostels.com, which sell nights at hostels and budget hotels. The company owns a number of websites selling adventure holidays and activities and tours for the budget, independent and youth travel market. WRI also licenses its reservations technology to affiliate websites including those of Ryanair and Lonely Planet. Hostels of Europe is based in Belgium, and was founded in 1999. It operates a websites featuring 450 hostels in Europe, including Hostelseurope.com and Hostels.net. WRI marketing director, Niamh Ni Mhir, said: “The purchase of Hostels of Europe strengthens our position as the main distribution channel for hostel beds worldwide. Europe is our largest market for hostel bookings and is a dynamic growth sector.” The details of the deal have not been disclosed. WRI says its strategy hinges on organic growth, but has not ruled out further acquisitions. Report by Ginny McGrath



 



Most Read

Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail

Sophia Hyder Hock on Global Social Inclusion in Tourism

Sustainable Tourism: Don Welsh on Community Values and Global Collaboration

Jane Cunningham: Enhancing European Engagement in Tourism

Kristin Dunne: Navigating Destination Strategy

Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM

Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life

Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms

Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand

Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims

TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka

Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari