Thursday, October 05, 2006

Stock NewS: Asiatravel total room nights jumped 42 pct in year to September

Online travel service provider Asiatravel.com Holdings Ltd said its total online room nights jumped 42 pct year-on-year in its financial year ended September. In its fourth quarter, total online room nights grew by 45 pct from a year ago. On average, total online monthly room nights increased by 55 pct in July, 52 pct in August and 29 pct in September. "The growth in September was partly impacted by the slow arrival of leisure and business travelers into Singapore during the IMF/World Bank meeting and the military coup in Thailand," Asiatravel said in a statement.

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