After the brand “hotel.de” has successfully been implemented in Germany, the company now focuses more and more on its expansion into Europe. Therefore, the international brand “TravelRes” was created and all relevant country domains were ensured in 2006. It was the same year in September when under the domain “TravelRes” a programme for corporate customers was started in Great Britain and a subsidiary was opened in London. Since January 2007, another subsidiary in Paris has been about to support acquisitions of new customers and hotels under travelres.fr in France.

To now enlarge the international presence of hotel.de also in Southern Europe, another office was established in Barcelona in November. First customers are subsidiaries, affiliated and mother companies of existing German business clients located in Spain. But also Spanish enterprises, which currently at a greater extent are looking for online and direct booking systems, are to be acquired by TravelRes Ibérica. Having established the hotel.de brand TravelRes in England and France as a leading hotel reservation service for business clients, hotel.de now aims at doing so in Spain under www.travelres.es.

In Spain, the number of bookings is developing favourably as well: In 2007, more than 100.000 room nights amounting to almost 10 million Euros have been generated by TravelRes up to now.

Dr. Heinz Raufer, C.E.O. of the hotel.de AG: „We are glad to represent our company with another office in Spain now. Thereby, we will be able to consistently increase our positive growth figures in the Spanish hotel market.”

---------------------------------------------------------------------------------------------

hotel.de AG

hotel.de AG, based in Hamm and Nuremberg, Germany, London, UK and Paris, France runs a free of charge hotel reservation service for companies and private users on www.hotel.de, www.travelres.com, www.travelres.fr, www.travelres.es, hotel.at and www.hotel.ch. hotel.de/TravelRes offers 210,000 hotels worldwide to be booked online. In 2007, hotel.de has enlarged its business model - focussing on the placing of hotel stays - by the fast-growing segment of procuring conference hotels for corporate clients. Compared to other booking channels, hotel.de/TravelRes customers benefit from considerable cost savings. These partially result from the very low hotel rates which hotel.de/TravelRes is able to negotiate with hotels, thanks to its high booking volume. Additionally, hotel.de/TravelRes always displays all rates available for every single hotel (e.g. promotional rates, corporate or weekend rates), so that the customer can choose the lowest or best-fitting rate. Another major advantage of hotel.de/TravelRes is the fact that booking confirmations are sent right into the hotel's computer - making a reservation fast, safe and reliable. This is enabled by hotel.de/TravelRes' unique integration of the hotels' central reservation systems (so-called CRS) under one consistent user surface. Well-known companies, such as Wella AG (subsidiary of Procter & Gamble), SAP AG, ThyssenKrupp AG, degussa AG, Logica CMG GmbH, Ernst & Young AG, Wal-Mart, Texas Instruments Inc., Deutsche Börse Group, Munich Re Group and others already use the hotel.de/TravelRes corporate application.