Carrentals.co.uk Reports Knockout Summer Results

Online, October 19, 2009 (Newswire.com) - 7 October 2009 - Car rental comparator website Carrentals.co.uk is in the middle of a 38% year on year expansion in its peak season reservations, (1 June - 31st August), and a further 72% boost in revenue, despite the troublesome global economic conditions.

The company, which compares vehicle rental deals from almost three dozen rental retailers including Alamo, Holiday Autos, Budget and Sixt, says the biggest blowouts were seen in a number of European holiday spots including Cagliari, Gerona, Valencia, and Glasgow airports.

Gareth Robinson, Managing Director of Carrentals.co.uk, says: "Despite concerns over the tourism market at the start of the year, our strategy has seen our sales outcome outstrip targets across the board. All of our target holiday spots have delivered booking volumes significantly up on previous yearly figures, showing the demand that still exists in the market."

Carrentals.co.uk, a previous award recipient at the Travolution Awards, and nominated for more in 2009, has continued to substanitally expand since an overhaul as a comparator website in 2007. It has achieved consistent growth in profits each year over the past twenty four months, and is pointed for a better financial result this year.

Gareth adds: "I believe that our carefully-managed expansion plans, coupled with a dedicated and experienced team behind us is now showing real bottom-line benefits, and I am very encouraged by the upwards revision of our year end forecasts."

Carrentals.co.uk's most in demand rental holiday spots for summer 2009 include Faro, Majorca, Malaga, Barcelona, London, Alicante, and Dublin.

"The website is successful because it works for both suppliers and customers," adds Gareth. "Suppliers know they are getting a fair deal because of its cost-per-acquisition (CPA) approach, meaning they only pay for an actual booking, while customers have grown to trust us for the low prices and range of rental retailers we offer.

"The travel market is very competitive, meaning retailers will only be successful if they offer an easy to use, effective and price sensitive service. We're proud of the results we've achieved, but we know there's still a lot more potential in the market so the coming year will be focused on building our service further and looking at new sectors where our approach can have an impact."

To compare the latest vehicle rental deals and for more information visit www.carrentals.co.uk.

About Carrentals.co.uk
Carrentals.co.uk was launched in February 2003 and has grown to become one of the UK's leading online car rental retailers.

In 2007 the company re-launched its website to create the first major online price comparator in the travel industry. Using the latest technology the Carrentals.co.uk website now searches up to 35 different car rental websites, providing an impartial comparison of the best prices available in over 9,000 holiday spots.

Car Rental Suppliers searched include Alamo, Budget, EasyCar, Ebookers, Hertz, Holiday Autos, Opodo, Sixt and Thrifty, with the Carrentals.co.uk technology quickly comparing prices and allowing customers to refine their search by car type.

The Carrentals.co.uk website also features over 5,000 pages of travel information in a mini-guide format.

In 2008 Carrentals.co.uk was voted Best Car Rental Website in the Travolution Awards. To book or for further information visit www.carrentals.co.uk

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Context
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