The online travel agency eSky recorded a turnover of 7.4 million EUR in Romania in 2019, an increase of 27.5% compared to 2018, when it reported business of 5.8 million EUR, according to a company press release.
Also, globally, eSky had a total transacted value of 505.7 million EUR in 2019, marking an 81% increase compared to 2018, globally.
Last year, the number of bookings on eSky websites and mobile applications exceeded 2 million and grew by 65% compared to the previous year’s results.
The beginning of this year was very promising, even record-breaking, say company representatives. In January 2020, the total transacted value exceeded 51 million EUR at the group level, thus providing a growth of nearly 50% year-on-year.
Initially, the first signs of the spread of Covid-19 did not have a major impact on the company’s sales.
“However, since the end of February, when the epidemic developed rapidly in Italy and other Western European countries, and airlines successively canceled flights, the situation on the tourism market has changed. In this situation, the eSky Board of Directors immediately checked market opportunities and possible scenarios to maintain the company’s stability during the crisis. An action strategy was developed, including the implementation of a savings plan, as well as an internal reorganization of employee structures to use the company’s resources as efficiently as possible during the validity of administrative measures that limit travel possibilities,” the travel agency representatives added.
Source: Profit
Frequently Asked Questions
What was eSky’s turnover in Romania in 2019?
eSky recorded a turnover of 7.4 million EUR in Romania in 2019, which was a 27.5% increase compared to the 5.8 million EUR reported in 2018.
How many bookings did eSky achieve in 2019?
The number of bookings on eSky’s websites and mobile apps exceeded 2 million in 2019, growing by 65% compared to the previous year.
What strategy did eSky implement to handle the COVID-19 crisis?
The company developed an action strategy that included a savings plan and internal reorganization to optimize resources during travel restrictions.