Published on Wednesday, April 11, 2012

Cheapflights records increase in flight searches

Cheapflights Media saw a 5% increase in flight searches in the UK in the first three months of this year compared with 2011.

Overall, the company's first quarter global traffic was up 11% over the same period last year and the monthly visit average for the period was 13.2m visits.

CEO Hugo Burge said many consumers were trading down to short-haul trips, but he said the market was still buoyant.

Cheaplights was again elected a Top Ten Winner for 2011 by Experian Hitwise, which ranks travel websites.

By Linsey McNeill

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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.