Web Reservations International (WRI), global market leader in online reservations for budget, independent and youth travel (“BIYT”) accommodation sector has announced ambitious plans for growing the popularity of its online platform in key markets worldwide. Having doubled in size since 2007 WRI is set to increase its Dublin based workforce by a further 25% this year, with similar growth strategies planned until 2012. The majority of the new roles are within the IT and software development departments, showing that despite the recession there is still strong global demand for online travel services.
Feargal Mooney, WRI CEO said “Our strategy is to aggressively grow our business through key initiatives including localisation of our unique content network, further expansion in growth markets such as South America and South East Asia and the opening of a new data centre to drive further online performance. Essential to that growth is the continued recruitment of a high calibre and talented team to create ongoing synergies and value as our vibrant and passionate online community who use our services, continue to advocate our brands. A major initiative for this year has been the re-launch of our flagship website Hostelworld.com, enhancing site performance and further improving the customer search experience.”
Mooney continued “While the majority of the roles we are creating are within our software development team we also have some exciting opportunities within our business development and account management teams, as we continue to grow our unrivalled choice of properties, which currently stands at over 24,000 worldwide.”
WRI is an Enterprise Ireland client company. Kevin Sherry, Enterprise Ireland’s Head of Internationally Traded Services said:
“Enterprise Ireland’s strategy is to promote the development of innovative world-class companies and support them to achieve a strong foothold in international markets. WRI are an excellent example of this. WRI is a global company, headquartered in Ireland that has successfully carved out a leading position in global markets, particularly in Australia, China and more recently South America. They are a prime example of the type of internationally-focused companies that will be at the forefront of Ireland’s future economic prosperity.“
About Web Reservations International
WRI provides technology, distribution and marketing solutions to accommodation and other travel suppliers worldwide through a network of owned sites and affiliate partners. Headquartered in Dublin, Ireland, WRI was founded in 1999 and has representative offices in Shanghai and Sydney. WRI has developed award winning websites including hostelworld.com, hostels.com, bedandbreakfastworld.com, boo.com and trav.com, and has successful affiliate relationships with many of the world’s leading brands. The WRI business model is simple and fully automated where travellers pay a modest non refundable deposit when they book accommodation on line which is retained by WRI. The balance is paid by customers directly to the accommodation provider at check-in. Hostels and other accommodation providers rely on WRI’s advanced technology platform to allocate inventory, manage pricing and receive bookings within a fully automated process.