Boatbookings.com announces Summer 2009 results, grows 60% from 2008

Boatbookings.com Press Release

20 October 2009

Boatbookings.com announces results for Q3 2009 - revenues up 60%

Boatbookings.com announced today that, despite the difficult economic times, revenues during the July - September Quarter surged 60% from 2008. The yacht charter firm saw strong growth in many areas, including its offices in Florida/Caribbean, the French Riviera, Southeast Asia and the Indian Ocean.

"We were excited to see such a strong rebound in the yacht charter market", said Tom Virden, Founder, "we saw a large number of last minute bookings as people gained more confidence about an anticipated end to the recession. We marketed specials and last minute charters quite heavily, and clients realised that despite everything they still wanted a charter holiday this year. Some people booked smaller boats, and some booked for shorter timeframes, but in the end they decided to go for it."

"We have been highly encouraged by the strong showing of our Ft Lauderdale Office, where bookings to the Bahamas, Florida and the Caribbean are up substantially and this momentum has continued through October. We also continue to see strong growth in Thailand and the Indian Ocean - people are realising that these up-and-coming charter areas offer amazing opportunties for holiday charters", Virden added.

The company also continued to invest in technology during the quarter, launching the first Yacht Charter iPhone app and adding signficant functionality to the web site. Yachts that a client is interested in can now be stored in a "My Yachts" section, so that they can be easily found, compared and enquired upon.

About Boatbookings.com

Boatbookings.com is the world's largest online boat chartering service offering more than 8,000 yachts worldwide. We work with the top international yacht charter operators to provide the largest and most diverse selection of yachts and boats anywhere. These include sailing boats, motor yachts, catamarans, super and luxury yachts, and specialized boats for regattas, entertaining and business functions. Boatbookings.com provides fast, efficient service and competitive prices on its boats so that customers can be assured they're getting the yacht for their needs.

Boatbookings.com believes that effective use of technology can make boats easier and more enjoyable to charter. We've introduced many technological firsts and have pioneered the use of social media, mobile computing, search technology, mapping and advanced client tracking for yacht chartering. Boatbookings.com prides itself on its ability to take the stress out of boating holidays, whether for a one day charter or a week-long tour of the Caribbean or Mediterranean.

Boatbookings.com has offices in London, Cannes, Athens, Sardinia, Ft Lauderdale, Singapore and Valencia in order to be able to provide boats and charter services in all major yacht charter locations, worldwide. More about Boatbookings.com. The Benefits of a Yacht Charter Broker.

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Press Contacts:

If you are a member of the Press or Media and would like to contact Boatbookings.com, please contact the following:

  UK/European Office US Office
Contact Capucine de Vallee Sharon Bahmer
Address
City, State, Post Code

Dukes Court, 32 Duke Street
St James, SW1Y 6DF, London, UK

360 NW 49th Ave,
Plantation, Fl 33317

Phone +44 (0)20 7193 5450 +1 954 584 0026

Fax +44 (0)207 990 7650 +1 954 584 0027

Email capucine@boatbookings.com sharon@boatbookings.com

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