SiteMinder Transactions Double to USD 4.2 billion

Hotel Channel Manager SiteMinder doubled booking transaction revenue to USD4.2 billion in the year to June 30. SiteMinder says its RDX platform processed 10.5 million reservations at an average value of USD390 – USD50 more per booking than the previous year.

“A rapidly expanding global property base and strong diversification in distribution channels are behind the rapid growth in year-on-year booking revenue,” said David Williams, Executive Sales and Marketing Director, SiteMinder.

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