Online booker WRI’s profits up 30%

WEB Reservations International (WRI), which owns several online accommodation booking websites, increased its profits by almost 30% in 2006.

Online booker WRI’s profits up 30%
Sat, 06 Oct, 2007 - 01:00
Ian Guider

The company, which is backed by U2 manager Paul McGuinness, recorded pre-tax profits of €16.6 million up from €12.8m in 2005.

WRI owns a number of online accommodation brands including Hostels.com, Hostelworld.com, Boo.com, Trav.com and Worldres.com. The company, which is based in Dublin, also provides accommodation through third parties, including Ryanair.

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