Travel Counsellors has reported record growth for 2018, with total transaction value for the whole company surpassing £600 million for the first time since its launch in 1994.
The company’s corporate division in itself saw a 16 per cent increase in sales in the last 12 months, totalling £151 million. Travel Counsellors says 2018 has been its ‘best ever’ year for corporate travel sales.
The news comes as Travel Counsellors reports a 17 per cent increase in sales made for 2019 departures to destinations outside of the European Union, such as New York, Florida, Dubai and Mexico.
This year saw a secondary management buyout of Travel Counsellors by Vitruvian Partners in June, and former Tesco CEO Matt Davies was named non-executive chairman in September.
Travel Counsellors for Business also appointed Mark Wilson as general manager following the division’s growth.
Steve Byrne, CEO of Travel Counsellors, said: “2018 has been a record-breaking year for Travel Counsellors, for both corporate and leisure travel sales. The results are a huge testament to the care and attention our individual Travel Counsellors and global support teams based across seven countries show, when looking after the travel arrangements of the hundreds of thousands of customers that travel with us each year.
“We’ve seen an increase in interest and sales to destinations outside of the EU next year, and anticipate this trend to continue as customers seek more value for money beyond the Eurozone. Our sales figures highlight that corporate travellers are still travelling for business, just as leisure customers are booking holidays to look forward to in 2019. As always, we remain focused on creating trusted relationships with our customers who rely on us to ensure that they enjoy seamless travel experiences, wherever they are in the world.”
business.travelcounsellors.com