Cheapflights expects to exceed £1bn in sales for partners

Tuesday, 05 Aug, 2005 0

Projected sales driven by the Cheapflights family of price comparison websites to their travel partners are expected to exceed £1 billion this year.

The record figure includes sales generated by US sister site Cheapflights.com. The company said that US sales form a “significant contribution” just 26 months after its launch in May 2003.

The £1 billion prediction is based on data, including feedback from advertising partners, outlining current conversion rates of  ‘click-throughs’ from displayed prices to completed sales.

In June Cheapflights.co.uk alone, without including the sister sites’ additional traffic, was the fifth largest source of leads to the UK Travel-Agencies sector overall according to Hitwise UK.

Hitwise ranked Cheapflights.co.uk between the first and fourth largest source of traffic generated individually for partners such as Online Travel Company, Airline Network, Ebookers, Excel Airways, KLM, Lastminute.com and British Airways. Other sites such as Opodo, Travelocity and Thomson Flights also received a significant percentage of leads from Cheapflights.                                                      

Chief executive David Soskin said: “We are the one of the cheapest and most productive sources of leads to the travel industry. We have a unique product that over four million unique users visit each month. It is no surprise then that Cheapflights is experiencing its fastest growth rate ever. This year, we are expecting comfortably to double sales. 

“We continue to be the most frequently used travel comparison website in the country. Consumers turn to Cheapflights because no other travel comparison website can boast as extensive a list of deals from as wide a range of travel partners.”

Cheapflights Ltd is the parent company of Cheapflights.co.uk, Cheapaccommodation.com and Cheapholidaydeals.co.uk.

Report by Phil Davies

 



 

profileimage

Phil Davies



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...