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TUI Travel Accommodation & Destinations maintains strong growth in 2014

The company registered an EBITDA growth of 13% during last fiscal year; Hotelbeds, the leader bedbank worldwide, experienced 18% growth in roomnight sales. Intercruises, the world leading cruise handling company, increased portcalls by 11% compared to the previous year.

PALMA DE MALLORCA – TUI Travel Accommodation & Destinations (A&D), part of TUI Travel PLC, has closed another successful fiscal year growing sales by 10% in 2014 (year ending 30 September), reaching 4,048 million euros in Total Transaction Value (TTV). EBITDA increased by 13% to 132 million euros, with EBITA reaching 100.6 million euros. The company has once again significantly outperformed the global tourism industry, which has registered only 5% growth in international tourist arrivals amid increasing global challenges.

A&D growth highlights include:

  • 18% increase in its bedbank Hotelbeds’ roomnight sales.
  • 11% growth worldwide in portcalls handled by the Intercruises brand.
  • 39% increase in TTV sales from the transfer and activity bank.
  • 12% growth in employees worldwide up to 11,789 people across 68 countries.
  • 18% growth in head office staff based in Palma de Mallorca, now employing 1,588 people supporting the global operations worldwide.

In the words of Joan Vila, Managing Director, TUI Travel A&D, “It’s been a great year for A&D. Against a backdrop of intensifying competition we have once again achieved excellent financial results in almost all our segments. Our robust business models have enabled us to continue to outstrip average market growth rates worldwide.

In the years to come we expect our business to continue to grow and expand globally. In particular we will continue to focus heavily on the Americas and MEAPAC (Middle East and Asia Pacific) regions, as well as on the development of our presence in Africa.”

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