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In
our latest bi-weekly domain
sales report (published March
15), we noted that it was the first report of the
new year that had no publicly reported six-figure
(or higher) sales to chart. Given all of the
global economic issues we are seeing now, some
wondered if that meant trouble ahead for top tier
domains after their strong start to 2023. We
cautioned that one report provided far too little
data to draw any meaningful conclusions from and Sedo
underscored that today when they announced a
$380,000 sale of TopHotels.com. |
Image
from Bigstock
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As of
this writing, that ranks as the 3rd highest sale reported
so
far in 2023 (we will be adding it to our
YTD Top Sales Chart in our next report that
will be out Wednesday evening, March 29). That
trails only Help.com ($3 million at
Above.com in January) and another Sedo sale, Giveaway.com
at $400,000, last month. It looks the buyer
acquired TopHotels.com as an upgrade for
their established hotel booking site at TheTopHotels.com
as TopHotels.com is now forwarding to that site (it
was directed elsewhere prior to the sale).
We are
also hearing about some even bigger sales that have
been getting closed under NDAs this month. As the
year goes on we will continue to see ups and
downs but the value of a strong Internet
presence has been proven over and over again in
recent years, which in turn has kept demand for
quality domains high. While we are on this topic, if
you missed it, let me again point you to our
new
Cover Story in which one of the world's
top domain brokers, MediaOptions.com Founder
Andrew Rosener, breaks short and long term
prospects down in a way that will give you a new
understanding of both today's global economic
picture and how domains fit into the current and
future business climate.
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