Αρχική Companies RateHawk marks sixth anniversary and reports strong quarter results in Greece

RateHawk marks sixth anniversary and reports strong quarter results in Greece

Celestyal Cruises

RateHawk.com, an online system for booking hotels, air tickets and transfers for travel professionals, marks six years of trading in April 2022 and reports strong growth in Greece. 

Overall first quarter, the net booking value in the Balkans region rose 2.6 times compared to Q1 2021. By the end of Q1 2022 the number of partners in Greece has increased by 26% year-on-year marking more than 800  travel professionals, among which are prominent travel agencies, tour operators, API partners, and other professionals. The total number of RateHawk’s partners has increased by 42% year-on-year and exceeded 27,000 partners in 120 countries. 

Felix Shpilman, CEO of Emerging Travel Group, which manages RateHawk, commented: «The strong business results in Greece have been driven by several factors. Firstly, the general easing of travel restrictions plays a significant role in returning confidence to travel and ramping up demand. 

Secondly, RateHawk’s focus on product superiority and excellent support provided in the most volatile business environment are highly regarded by our partners, and their growing number speaks for itself.

However, the growth would not be so outstanding if not for our brilliant Greek team’s hard work and persistence. Our plan for the next quarter is to further enhance the regional team and recruit more staff to be even better positioned to continue the expansion in Greece and deliver RateHawk to local travel professionals». 

The top domestic destinations in terms of bookings made by Greek travel professionals in Q1 2022 are Athens, Thira, Thessaloniki. The leading choices for outbound trips are Italy (Rome, Milan, Venice), Germany (Berlin, Cologne, Frankfurt), the UAE (Dubai, Abu Dhabi, Sharjah).

The preferred accommodation categories booked by Greek travel professionals in Q1 are 4-star hotels (47% of total Q1 bookings) and 3-star hotels (25%), followed by 5-star hotels (22%).

The top choices for flight bookings were Germany, Italy, and Ukraine. Transfer services were most often booked in Italy, France, and the UAE.

RateHawk officially launched in Greece in 2018. Today it provides travel professionals with over 1.7 million accommodation options, up 21% from a year earlier. The service sources its inventory from over 140 global suppliers (+17% YoY) and 51,000 direct hotel contracts (+45% YoY).

In 2021 RateHawk launched its air ticket offering providing tickets from over 350 airlines, including more than 150 low-costers. The platform also provides transfer routes in over 150 countries. 

RateHawk has a mobile app available to the partners using iOS or Android devices. The number of downloads exceeded 17,000.

RateHawk employs more than 90 sales people worldwide. The sales teams are located in 30 countries covering 120 markets globally. Over the last year, the platform was localized into three new languages: Portuguese, Czech, and Chinese. Currently, RateHawk is available in 19 languages.

About RateHawk

RateHawk is an innovative B2B booking platform developed by the Emerging Travel Group, featuring hotels, flight tickets, transfers, car rentals, and other travel-related services.

RateHawk’s mission is to offer users the best prices for any type of travel service in any location. 

RateHawk provides its clients with 1.7 million hotels from over 51,000 properties contracted directly and 140 wholesalers, flight tickets from over 350 airlines, as well as transfers in over 150 countries.

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