Wix Announces Revenue of $33.9 Million, New WixHotels

Web-based cloud development platform Wix announced $33.9 million in revenue in its second quarter earnings report. The corporate also rolled out its latest app WixHotels specifically targeted on the small hotel industry.

The earnings represent an 82 percent increase year over year, the corporate reports. During  a quarterly earnings call April 6, Avishai Abrahami, Wix co-founder and CEO, revealed that the location has eclipsed 50 million registered users. The corporate says it has 1,019,000 premium subscribers, a 62 percent increase year over year.

In an announcement released following the earnings report, Abrahami explained :

“Our exceptional growth is an immediate results of our constant expansion of offerings at the Wix platform. By developing more products and solutions that cater to the wishes of our users, we’re providing them with the technology to simply build a pro-looking website in addition to with business management capabilities that deliver a whole solution for his or her digital presence beyond website creation.”

The company also took the time to elaborate on WixHotels .

Wix says the app will enable small, independent hotel, motel, and bed and breakfast owners to regulate the booking in their rooms online. WixHotels is designed to permit hotel owners to post room availability, rates, after which to create a reservations portal for its customers.

The company says WixHotels is integrated directly right into a business’s website and can even handle billing. Within the earnings call Abrahami said:

“We make it super easy for a hotel owner to construct a completely-integrated reservation and booking engine onto their Wix site, including displaying room availability, details and pricing, inventory management and taking payments.”

The company also provided some comments from early adopters of the brand new WixHotels app. In an emailed testimonial forwarded to media sources by Wix representatives, Sunny Gandhi, General Manager of an America’s Best Value Inn franchise in Morton, Ill. said:

“WixHotels allowed us to unify our booking engine and room management directly into our Wix site. Previously we needed to integrate and manage an third-party booking system. WixHotels is way easier to take advantage of, looks amazing and blends perfectly with our site design. Most of all, it’s all together now, our site and our booking engine, and we’re capable of easily and seamlessly manage and grow our business from a single location online.”

Wix is a cloud-based do-it-yourself Website design platform offering both free and premium services. The corporate’s offerings include website templates and drag and drop design tools plus a Wix App Market with additional features. The company was founded in 2006 and has 550 employees with offices in Israel, the U.S., Brazil, Lithuania and Ukraine.

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