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Article: HRN Dominates On-line Hotel Bookings -- Being an On-line Niche Player Pays Off.
- Article from:
- Business Wire
- Article date:
- October 6, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS--(BUSINESS WIRE)--Oct. 6, 1999--
HRN Accounts for Over 20 Percent of all Internet Bookings Worldwide;
Projected Internet Revenues to Reach More than $135,000,000
in 1999
Hotel Reservations Network (HRN) a USA Company (Nasdaq:USAI), and the Internet's primary source of discount accommodations and the world's leading hotel consolidator, is continuing its explosive growth on the Internet (www.hoteldiscount.com).
According to Jupiter Communications, total on-line dollar expenditures for hotel bookings for 1999 is expected to be $633.7 million. With 1999 Internet revenues expected to reach more than $135,000,000, HRN has ...