Carrentals.co.uk Reports Great Summer Trading

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 19, 2009 -- Car hire comparator Carrentals.co.uk is celebrating a 38% year on year improvement in its season reservations, (1 June – 31st August), and a related 72% improvement in revenue, despite the problematic economy.

The company, which compares vehicle hire offers from almost 40 hire providers for example Alamo, Holiday Autos, Budget and Sixt, says the biggest improvements were seen in a number of European destinations for example Cagliari, Glasgow, Gerona, and Valencia airports.

Gareth Robinson, Managing Director of www.Carrentals.co.uk, says: “Despite concerns over the tourism market at the start of the year, our strategy has seen our sales performance outstrip targets across the board. All of our target destinations have delivered booking volumes significantly up on prior yearly results, showing the demand that still exists in the market.”

www.Carrentals.co.uk, a previous prize recipient at the Travolution Awards, and nominated for more this year, has continued to show impressive expansion since it re-launched as a comparator in 2007. It has achieved consistent growth across profits every year over the past two years, and is looking for a bigger and better financial success this year.

Gareth adds: “I believe that our carefully-managed expansion plans, coupled with a dedicated and experienced team behind us is now showing real bottom-line benefits, and I am very encouraged by the upwards revision of our year end forecasts.”

www.Carrentals.co.uk’s top hire destinations for summer 2009 include Alicante, Faro, Malaga, London, Majorca, Barcelona and Dublin.

“The site is successful because it works for both suppliers and customers,” adds Gareth. “Suppliers know they are getting a fair deal because of its cost-per–acquisition (CPA) approach, meaning they only pay for an actual booking, while customers have grown to trust us for the low prices and range of hire providers we offer.

“The travel market is very competitive, meaning providers will only be successful if they offer an easy to use, effective and price sensitive service. We’re proud of the results we’ve achieved, but we know there’s still a lot more potential in the market so the coming year will be focused on building our service further and looking at new sectors where our approach can have an impact.”

To compare the latest vehicle hire offers and for more information visit www.carrentals.co.uk.

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