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Webjet doubles Stay Then Pay sales

Webjet doubles Stay Then Pay sales

Online Travel agent Webjet has announced that sales under its Stay Then Pay product banner have thus far this year grown 100% relative to 2009.

The Stay Then Pay product, which allows guests to book online at hotels worldwide for a $10 upfront payment, is the fastest growing component of Webjet’s business, the company said.

Webjet last month posted a 40% increase in 1H profit to $5.2 million, from 32% higher revenue of $18.4 million.

WEB shares have today grown 1.32% to $2.300.

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