Skyscanner revenues soar 28%

Skyscanner revenues soar 28%

Scottish tech giant Skyscanner saw revenues soar 28% to £120m last year as visitor numbers to the site increased by 48%.

Skyscanner took important steps in 2015 to improve its product for travellers and to bolster further the pool of talent that builds the product and takes it to market.

This included the opening of two new offices, engineering hubs in London and Sofia, in addition to the expansion of existing spaces in Budapest and Miami.

The firm’s continued investment into its mobile technology in particular helped its performance throughout the year as mobile visitors grew 60%, representing 59% of its total visitors.

Gareth Williams, Skyscanner CEO and co-founder, said: “2015 was another strong year for Skyscanner, showing solid progress in our strategy of expansion beyond our home market, into mobile and beyond flights.

“Our first-half focus on investing in our product drove momentum for the business in the second half.

“We also saw excellent growth in travellers planning their trips on Skyscanner all around the world, especially on mobile and in the important regions of Asia Pacific and the Americas.

“Skyscanner’s global coverage, our direct relationships with partners and travellers and the self-built technology that underpins our success, account for our solid performance in 2015.”

Skyscanner’s acquisition of Youbibi in 2014 also helped the firm break into new markets as the number of visitors from China increased by 67%.

It also performed strongly in the Americas which saw a 55% growth in visitors, more than doubling in the US. The company also launched in Mexico.