Asiatravel.com's full-year net loss widens to $3.8m

Asiatravel.com has sunk deeper into the red.

The online travel and hotel reservation service provider said it posted a net loss of $3.77 million for its year ended Sept 30, 2012, compared with a loss of $1.6 million a year ago.

Revenue decreased 12% to $90.4 million from $102.27 million a year earlier.