28th Aug 2007 10:23
Ryanair Holdings PLC28 August 2007 HOSTELWORLD.COM WINS RYANAIR CONTRACT FOR 5 YEARS BEDS FROM €5 AND €10,000 WORTH OF DISCOUNTS THIS WEEK ON HOSTELWORLD AT RYANAIR.COM* Ryanair, Europe's largest low fares airline today (Tuesday, 28th August 2007)announced an exclusive 5 year deal with Hostelworld.com to provide hostel, B&Band guesthouse deals for Ryanair's 50 million annual passengers throughRyanair's website. Hostelworld.com is the world leader for hostel, B&B and guesthouse reservationswith over 13,000 properties available in 166 countries worldwide and offersRyanair passengers a selection of over 5,500 properties throughout Europe.Reservations are secured easily and quickly on www.ryanair.com by paying a 10%deposit with the balance paid on arrival. Beds start from just €5 a night. Welcoming this new deal, Ryanair's Santina Doherty said: "It has never been cheaper or easier to discover Europe on a budget with Ryanair and Hostelworld.com. Over the period of this deal, Ryanair will double in size, enabling Hostelworld.com to increase its market share while providing even more value accommodation for our millions of passengers". Ray Nolan, Chief Executive of Hostelworld.com said: "We are delighted to renew our relationship with Ryanair. By partnering with Europe's leading low fares airline we are providing the ideal accommodation solution for people looking for a budget break. Hostelworld offers hostel and B&B accommodation at every one of Ryanair's 136 destinations. We look forward to working with Ryanair over the coming years to drive down the cost of travel for millions of European consumers". Nolan continued: "Our partnership with Ryanair has been a fantastic success. Since 2003, we have booked accommodation worth more than €28 million across Europe. We aim to grow this significant ancillary revenue for Ryanair over the next 5 years". About Ryanair Ryanair is the world's favourite airline and will guarantee the lowest fares forover 50 million international passengers this year on over 545 routes and across26 countries. About Hostelworld.com Hostelworld.com is a leading provider of online reservations to the budget,independent and youth travel market. It offers confirmed online reservations forover 13,000 hostels and budget hotels in 166 countries worldwide. The site alsooffers budget travellers free podcasts, customised city guides, a travel socialnetwork and more. Hostelworld.com is headquartered in Dublin and is fully ownedand operated by Web Reservations International Ltd (WRI). * The next 1,000 Ryanair customers who book a hostel on www.hostelworld.com/ ryanair will receive a €10 discount voucher, which can be used against booking fees on Hostelworld.com Ends. Tuesday, 28th August 2007 Peter Sherrard - Ryanair Pauline McAlester - Murray ConsultantsTel: 00 353 1 8121228 Tel: 00 353 1 4980300 Nell Ward, [email protected]: 00 353 1 4980724 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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