Online booking travel agency Wotif.com has reported a record year profit of AU$53 million, growing its share of the online booking market for accommodation and flights.

The company posted a 21.6 per cent rise in full-year profit, including an increase in net profit after tax of AU$9.5 million on FY2009, the company reported.
"It was never going to be an easy task to beat last year's numbers, so it is a real credit to the team here to have delivered another record outcome - increasing profits by AU$9.5 million, up 22 percent on last year's strong gains," Wotif CEO Robbie Cooke said.

The profit increase was attributed to strong sales of 7.1 million room nights across the Wotif Group and a 23 percent increase in revenues from the sale of flights.

The flight sales totalled AU$6.4 million in revenue and included receipts from the newly-launched Wotflight.com.

"We see the sale of flights as an incremental value-add and a logical expansion of our offering to Wotif's large customer base," Mr Cooke said.