Ryanair announces 5 year deal with Hostelworld.com

Ryanair, Europe’s largest low fares airline today (Tuesday, 28th August 2007) announced an exclusive 5 year deal with Hostelworld.com to provide hostel, B&B and guesthouse deals for Ryanair’s 50 million annual passengers through Ryanair’s website.

Hostelworld.com is the world leader for hostel, B&B and guesthouse reservations with over 13,000 properties available in 166 countries worldwide and offers Ryanair passengers a selection of over 5,500 properties throughout Europe. Reservations are secured easily and quickly on www.ryanair.com by paying a 10% deposit with the balance paid on arrival. Beds start from just €5 a night.

Welcoming this new deal, Ryanair’s Santina Doherty said:

“It has never been cheaper or easier to discover Europe on a budget with Ryanair and Hostelworld.com. Over the period of this deal, Ryanair will double in size, enabling Hostelworld.com to increase its market share while providing even more value accommodation for our millions of passengers”.

Ray Nolan, Chief Executive of Hostelworld.com said:

“We are delighted to renew our relationship with Ryanair. By partnering with Europe’s leading low fares airline we are providing the ideal accommodation solution for people looking for a budget break. Hostelworld offers hostel and B&B accommodation at every one of Ryanair’s 136 destinations. We look forward to working with Ryanair over the coming years to drive down the cost of travel for millions of European consumers”.

Nolan continued:

“Our partnership with Ryanair has been a fantastic success. Since 2003, we have booked accommodation worth more than €28 million across Europe. We aim to grow this significant ancillary revenue for Ryanair over the next 5 years.”