Expotel growth and aquisition

28th June 2007

Expotel has acquired Buckinghamshire-based specialist hotel booking agency, Russell Hotel Reservations. This comes at a tiem when the firm has also announced over 10 per cent growth in turnover in the first half of its financial year and further growth in the second half of this year is expected.
“The Russell Hotel Reservations agency has some excellent long-term customer relationships and fits our strategic vision to develop our hotel, travel, conference and event management services for the corporate and public sector markets,” says Expotel CEO, Ian Burnley. “I am very pleased with the progress we have made in recent months, during which time we have secured new business wins worth approximately £30million in annual contract value. In recent months we have re-emphasised our commitment to providing an integrated business travel offering and this has been well received by existing and prospective customers.”