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Habbo Hotel earns Sulake solid first quarter

Sulake, the Finnish parent company of virtual tween community Habbo Hotel, has released its 2010 first quarter results, revealing a revenue increase of more than 25%, compared with the same period last year and sales of US$20 million.
May 21, 2010

Sulake, the Finnish parent company of virtual tween community Habbo Hotel, has released its 2010 first quarter results, revealing a revenue increase of more than 25%, compared with the same period last year and sales of US$20 million.

The results, marking the best quarter in the company’s 10-year history, are attributed to a better user experience, increased viral recommendations and a larger user base. Additionally, activities and presence on social networking sites like Facebook and other new acquisition partnerships have contributed to the growth. Also, the global online advertising market recovery resulted in solid growth in ad sales business.

Habbo Hotel is currently open in 32 countries in 11 different languages. More than 15-million unique visitors spend a total of 45 million hours playing Habbo Hotel each month.

About The Author
Wendy is Kidscreen’s Associate Editor. When she’s not sourcing material for the brand's daily email newsletter, she’s researching, writing and connecting with others about the newest trends in digital media. Contact Wendy at wgoldman@brunico.com.

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