Global travel wholesaler pre-buys 44,000 room nights.
ORLANDO and NEW YORK CITY – Tourico Holidays, a global leader in wholesale travel brokerage, announced that it has agreed to terms to pre-purchase 44,000 room nights at Grand Hyatt New York, providing Tourico clients with exclusive selection and prices on hotel rooms at the four-star hotel in Midtown Manhattan. The current partnership with Grand Hyatt New York will run through March 2016.
“By partnering with Grand Hyatt New York and pre-buying a large quantity of room blocks, we can ensure that our clients have exclusive access to favorable room prices right in the heart of Manhattan – even during peak season,” said Dermot Quigley, Executive Vice President of Global Product Development for Tourico Holidays. “Tourico is not only offering clients unbeatable prices that they can pass on to their customers, we are also allowing clients to sell this unique inventory at a higher profit margin.”
New York City is Tourico Holidays’ most active and profitable market in the world. In 2014 alone, Tourico sold over 500,000 room nights in the destination, accounting for 23% of the company’s income in North America and 14% of Tourico’s total global income. Tourico stationed an office in the city over 10 years ago and today the company has six dedicated employees in the area.
The luxurious Grand Hyatt New York is conveniently connected to the city’s renowned Grand Central Terminal, and is just steps away from the Broadway theaters, Times Square, the Empire State Building, and 5th Avenue shopping. The hotel also offers 60,000 square feet of meeting and event space along with a dedicated concierge team to assist with leisure and business arrangements.
Photo caption: Grand Hyatt New York.
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