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    ASWN   CH0404880129

ASMALLWORLD AG

(ASWN)
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ASMALLWORLD : now offers customer more than 1,000 hotels to book with the ASMALLWORLD Collection

04/29/2021 | 12:25pm EDT

EQS Group-Ad-hoc: ASMALLWORLD AG / Key word(s): Product Launch
ASMALLWORLD AG now offers customer more than 1,000 hotels to book with the ASMALLWORLD Collection

29-Apr-2021 / 18:22 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


ASMALLWORLD AG (SWX:ASWN) now offers customer more than 1,000 hotels to book with the ASMALLWORLD Collection

Zurich, 29.04.2021 - ASMALLWORLD AG has announced that the ASMALLWORLD Collection, its online hotel booking engine, now offers customers more than 1'000 of the world's best hotels: an increase of 400 from when the service went live in July 2020. This milestone follows the recently announced agreements with Hyatt, Marriott, Hilton and Shangri-La, all of which have welcomed ASMALLWORLD into their preferred travel agency programs, giving ASMALLWORLD access to their large hotel inventory.

Today, ASMALLWORLD announced that the ASMALLWORLD Collection (www.asmallworldcollection.com), its online hotel booking engine, has expanded its offering to more than 1'000 hotels.

The ASMALLWORLD Collection focuses exclusively on the world's best hotels, while offering its customers extraordinary benefits like room upgrades and US$ 100 hotel credit at no extra cost. The service is open to ASMALLWORLD members as well as non-members.

The ASMALLWORLD Collection launched its services in July 2020 with 600 hotels. Since then, an additional 400 hotels have been added, offering customers more choices for existing destinations, as well as expanding the geographic reach of the Collection to new destinations.

Going forward, more hotels will be added on an ongoing basis to reach the near-term target of 1'200 hotels, which should be achieved towards the end of 2021.

"The ASMALLWORLD Collection now offers an incredible selection of the world's best hotels and with our exclusive 'ASMALLWORLD Preferred Rate,' we offer our customers extra benefits at no additional cost. It really is now a fantastic offering just a few months after launch, and I am confident that this online travel business has the potential to become a significant contributor to our bottom line once global travel activity resumes," comments ASMALLWORLD CEO Jan Luescher.

New partnerships with the world's leading hotel groups

The ASMALLWORLD Collection has partnered with four major hotel chains: Hyatt, Marriott, Hilton and Shagri-La. All of them have welcomed ASMALLWORLD to their preferred travel agency programs, giving the company access to a large pool of hotels to choose from.

In addition, these partnerships allow ASMALLWORLD to offer its customers additional benefits like room upgrades and US$ 100 hotel credit at no extra cost.

As announced in March, customers now also have the opportunity earn loyalty points with four of the world's leading loyalty programs when booking with the ASMALLWORLD Collection: World of Hyatt, Marriott Bonvoy, Hilton Honors and Shangri-La Golden Circle. Earning loyalty points with these programs is usually limited to their own sales channels and is another important advantage for ASMALLWORLD over other online travel agencies.

 

The ASMALLWORLD Group

ASMALLWORLD is the world's leading travel & lifestyle community, focusing on experiences: the modern-day definition of luxury.

Centred around the ASMALLWORLD social network, the company operates a digital travel & lifestyle ecosystem which enables and inspires members to travel better, experience more and make new connections.

Members of the ASMALLWORLD social network connect through its app and website, where they can meet other members, engage in online discussions, receive travel and lifestyle inspiration, and enjoy a wealth of travel privileges.

Members also meet in person at over 1'000 global ASMALLWORLD events every year, ranging from casual get-togethers in major cities around the world, access to exclusive launches, shows, galas, soirees, exhibitions, major global sporting events, and larger flagship weekend experiences hosted in iconic destinations such as Saint-Tropez and Gstaad.

Other businesses of the ASMALLWORLD travel & lifestyle ecosystem include:

ASMALLWORLD Private, a high-end travel agency offering personalised travel curation service

ASMALLWORLD Collection, an online hotel booking engine focused on the world's most admired hotels, offering the unique "ASMALLWORLD Preferred Rate" (expected to go live in Q1 2020)

ASW Hospitality, a hotel management company that operates and manages the iconic North Is-land resort in the Seychelles

First Class & More, a subscription-based smart luxury travel service that allows members to enjoy luxury travel at insider prices

The World's Finest Clubs, the world's leading nightlife concierge offers its members VIP access to the most exclusive nightlife venues around the world

For more information, please visit:

www.asmallworldag.com

www.asw.com

www.first-class-and-more.de

www.first-class-and-more.com

www.asmallworldprivate.com

www.asmallworldcollection.com

www.finestclubs.com

www.asmallworldhospitality.com

www.north-island.com

Contact:

ASMALLWORLD AG
Jan Luescher, CEO
Löwenstrasse 40
CH-8001 Zurich
press@asw.com



End of ad hoc announcement
Language: English
Company: ASMALLWORLD AG
Löwenstrasse 40
8001 Zürich
Switzerland
ISIN: CH0404880129
Valor: A2JE3W
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Stuttgart, Tradegate Exchange; SIX Swiss Exchange
EQS News ID: 1190823

 
End of Announcement EQS Group News Service

1190823  29-Apr-2021 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1190823&application_name=news&site_id=zonebourse_sftp

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Financials
Sales 2021 13,5 M 14,6 M 14,6 M
Net income 2021 0,90 M 0,97 M 0,97 M
Net Debt 2021 0,70 M 0,76 M 0,76 M
P/E ratio 2021 40,0x
Yield 2021 -
Capitalization 36,4 M 39,3 M 39,3 M
EV / Sales 2021 2,75x
EV / Sales 2022 2,82x
Nbr of Employees -
Free-Float 27,0%
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Asmallworld AG Technical Analysis Chart | ASWN | CH0404880129 | MarketScreener
Technical analysis trends ASMALLWORLD AG
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 1
Last Close Price 3,20 CHF
Average target price 6,40 CHF
Spread / Average Target 100%
EPS Revisions
Managers and Directors
Jan Luescher Chief Executive Officer & Director
Daniel Sutter Head-Finance & Controlling
Michael Manz Chairman
Alexander Koenig Director
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