In the first nine months of this year, Eximtur recorded a 14% increase in turnover, reaching 40.5 million EUR compared to the same period last year, and a 16.5% increase in the number of tourists.
For the entire year 2016, the company estimates a sales figure of 47 million EUR.
The business travel division grew by over 22%, representing approximately 65% of the total sales figure, specifically 28 million EUR. Eximtur Business increased its client portfolio by 20% during the analyzed period, and existing clients required more services compared to 2015.
Overall, the growth in sales volume in the first nine months of this year is driven by flight ticket bookings and sales being 10% higher than the same period in 2015, domestic tourism services (seaside) sales by 30%, domestic tourism services (spa, mountain, guesthouses, Danube Delta, and other destinations in Romania) sales by 112%, incoming/sales of tourism services in Romania for foreign tourists by 64%, and demand for domestic accommodation and organized corporate events, increasing by 46%.
This year, Romania recorded a 44% increase compared to 2015. The average package paid by the agency’s clients for the seaside was 707 RON/person, while for spa resorts, mountains, and the Danube Delta, it was 685 RON/person.
The most sought-after international destinations this year were Greece, Turkey, Bulgaria, Spain, Italy, tours, cruises in the Norwegian fjords, Canary Islands-Madeira-Morocco, or South America, as well as exotic vacations.
Significant increases compared to 2015 were recorded by Slovakia with a 182% growth, Slovenia – 56%, Great Britain – 53%, Spain – 25%, Austria – 20%, and Italy – 18%. The average price for an international package was 1,523 RON/person.
The most popular exotic destinations were the Maldives, Mauritius, and the Dominican Republic.
Source: Capital
Frequently Asked Questions
What is Eximtur’s projected turnover for 2016?
The company estimates a turnover of 47 million EUR for the full year 2016, following a performance of 40.5 million EUR in the first nine months.
Which segment is the main driver of Eximtur’s revenue?
The business travel division is the primary driver, accounting for approximately 65% of the total turnover, or 28 million EUR.
Which international destinations saw the highest growth in 2016?
Slovakia saw the highest growth at 182%, followed by Slovenia at 56% and Great Britain at 53%.