The global company, with headquarters in Spain, expects to maintain growth rates above the market across all its divisions.
MADRID – TUI Travel Accommodation & Destinations, part of TUI Travel PLC, one of the world’s leading leisure travel companies, has announced an increase of total transaction values (TTV) by 10.4% from the previous year to 3.694 billion euros for the year ended 30 September 2013. With headquarters in Spain and an infrastructure in 61 countries, the company has confirmed its plans to maintain growth rates above the market across all its business lines.
TUI Travel Accommodation & Destinations (A&D) is a global provider of hotel accommodation and destination services. With a workforce of 10,509 people (15,590 including joint ventures), the company reported an 8% workforce increase in 2013. In Spain, where the company has its headquarters, the workforce grew 5% to 2,879 people compared to 2012.
A&D competes in the international tourism industry with its three Divisions: Destination Services Division, a global provider of services in destination; Hotelbeds Division, focused on Bedbank and the Transfer and Activity Bank; and The Late Rooms Group Division, an online accommodation retailer with three well distinguished brands focusing on the end customer. TUI Travel A&D has market-leading brands such as Destination Services, Intercruises, Hotelbeds, Bedsonline, LateRooms.com (UK), AsiaRooms.com (Asia) or MalaPronta.com (Brazil).
2013 global highlights include:
- Total transaction values grew to 3.694 billion euros, up 10.4% year on year.
- Record EBITDA result of 116 million euros, 9% more than in 2012.
- Workforce increased 8% up to 10,509 people in 61 countries.
2013 highlights in Spain include:
- Total transaction values grew to 3.694 billion euros, up 10.4% year on year.
- Record EBITDA result of 116 million euros, 9% more than in 2012.
- Workforce increased 8% up to 10,509 people in 61 countries.
Joan Vila, Managing Director of TUI Travel A&D, commented: “We are very pleased by the continuous double digit sales growth rate obtained again this year. We have registered sales growth across all our business lines and we continue to focus on innovation, market diversification and products as well as investment in businesses with fast growth possibilities”.
He added: “Our goal for the next years is to continue growing above the market. We will continue to invest in fast growth areas in Asia and Latin America and Africa”.
Photo caption: Joan Vila, Managing Director of TUI Travel A&D, and Andres Garcia-Tenorio, Finance Director TUI Travel PLC.
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