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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