Hotel booking engine Ratehawk.com claims quarterly record

RateHawk had very successful fourth quarter

Hotel booking engine Ratehawk.com has reported a new quarterly record with an 80% increase in total UK bookings in its fourth quarter.

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The company reported the total gross booking value in the UK doubled on Q3 in addition to the number of UK partners increasing by 25% to more than 800 travel professionals by the end of Q4.

RateHawk claims it has reached 15,000 partners worldwide from over 100 countries.

The site reports top domestic bookings in Q4 were London, Manchester and Liverpool, with top international trips including Saudi Arabia (Mecca, Medina), the US (Las Vegas, New York), Germany (Munich, Berlin), the UAE (Dubai), Russia (Moscow), Italy (Rome, Venice), France (Paris), Spain (Barcelona, Madrid) and Turkey (Istanbul).

In addition, RateHawk says 44% of Q4 bookings were 4-star hotels, 28% were to 5-star hotels and 20% to 3-star hotels.

Felix Shpilman, chief executive of RateHawk, said: “We recorded a strong fourth quarter in the UK driven by the competitive strengths of our product and the outstanding efforts made by our local UK team.”

“The revenue result marks a quarterly record for the company’s performance in the UK, exceeding the quarterly target.”

The fourth quarter for the company ended December 31, 2019.

Shpilman added: “For 2020, we expect to continue delivering solid long-term growth while staying focused on technology improvements, acquiring new partners, activating the existing ones and implementing important API integrations.”

In 2019, RateHawk was localised into Greek, Serbian, Hungarian, Bulgarian, Turkish and Romanian languages in addition to a redesign for mobile devices and tablets.

The site also claims to have updated the room section on the hotel page in an effort to make it easier for travel professionals to compare rates.

Shpilman said: “We receive a lot of positive feedback from our partners who recognise the benefits that RateHawk brings to them.”

“We will continue investing our resources into product and customer service.”