A jump in the site revenue
Not a massive one but a jump nonetheless.
Chances are that it’s down to one of the oddities of the recession. Most of our internet income comes via the stable of accommodation listings sites that we run. Since holiday accommodation falls in the category of discretionary expenditure you’d think that this income would go down quite sharply during a recession. So it did initially, but the accommodation owners read the news too and have realised that their income should be dropping. This in turn means that they start advertising more which initially showed up in increased numbers of new entries on the sites and now seems to have started to show up in increased adsense revenue.
Definitely peculiar effects, but the question is what’ll happen during the rest of the year?
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