Tour operator Paralela 45 estimates it will record a turnover of 25 million EUR this year, up from 24 million EUR in 2020, when the travel agency reported a massive drop in revenue as a result of the COVID crisis and restrictions imposed by authorities.
The budgeted turnover for 2021 represents less than 45% of the pre-COVID business, which was approximately 60 million EUR in 2019, and the company’s revenues continue to depend on the evolution of the health crisis and the decisions of the authorities.
Frequently Asked Questions
What is the estimated turnover for Paralela 45 in 2021?
Paralela 45 estimates a turnover of 25 million EUR for the year 2021.
How does the 2021 turnover compare to pre-pandemic levels?
The 2021 budgeted turnover is less than 45% of the 60 million EUR recorded in 2019.
What factors impact the company’s revenue in 2021?
Revenues remain dependent on the evolution of the health crisis and government decisions.