Travel Advisers Unveil Unprecedented Corporate Reservations

Travel Advisors at Travel Counsellors have achieved remarkable levels of bookings for corporate sales in the UK.

This new level of sales is marking a historic milestone as the work-from-home specialists surpassed the £200 million annual threshold for the first time.

The Manchester-headquartered company witnessed a notable surge of 23 percent year-on-year in the Total Transaction Value (TTV), encompassing both leisure and corporate sales, reaching an impressive £933 million for the 12-month period concluding on October 31. The specific segment of UK corporate bookings witnessed a robust increase of 24 percent, totaling £209 million during this timeframe.

Owned by the private equity firm Vitruvian Partners, Travel Counsellors had previously announced the attainment of the £200 million milestone for total corporate travel sales in September. In BTN Europe's ranking of leading Travel Management Companies (TMCs), Travel Counsellors for Business secured the 14th position.

Steve Byrne, the CEO of Travel Counsellors, expressed satisfaction with the sales figures:

“We achieved continued transformational growth by disrupting the travel market and welcomed a record number of new customers who trusted our community of outstanding travel counsellors with their leisure and corporate travel needs.”

“Our very strong performance once again demonstrates the strength of our differentiated, disruptive and scalable business model, as well as growing customer demand for our trusted and personal travel advice.”

“Looking forward, I am extremely confident that we are exceptionally well placed to achieve further significant growth over the coming years. Our current trading remains very strong, and we already have more than £350 million of departures booked for 2024, which is up 30 per cent on where we were at the comparable time in 2023.”

 

Source: businesstraveleurope.com