The TUI Travel Center/Eurolines travel agency network will record sales of over 100 million EUR this year, 30% more than last year. The highest growth was seen in exotic destinations – Thailand, Maldives, Dominican Republic, Mexico, Sri Lanka, etc.
The weakest performance, with a growth of only 10%, was recorded by domestic destinations.
Overall, the turnover of the Eurolines group, consisting of 22 companies and owned by businessman Dragos Anastasiu, increased by 20% in 2017, reaching 150 million EUR.
Sales of holiday packages through the TUI TravelCenter and Eurolines networks increased by 50% compared to 2016.
For TUI TravelCenter, the growth comes mainly from increased sales for Mediterranean destinations – Greece, Turkey, Spain, Cyprus, Malta – and for exotic ones.
Exotic destinations such as Thailand, Maldives, Dominican Republic, Mexico, Sri Lanka, and Tanzania are increasingly sought after by Romanians as they become more accessible.
Eurolines representatives expect, however, that next year holidays in Turkey will become up to 10% more expensive, compared to the average of 690 EUR/package recorded this year.
Green Village Resort in Sfantu Gheorghe, Danube Delta, will end 2017 with a turnover of approximately 2.2 million EUR, 22% higher than the previous year.
The number of Romanian and foreign tourists who visited Green Village Resort increased by 10% in 2017 compared to 2016, to over 11,000 people.
The Eurolines Group maintains its focus on technology and digitalization investments by developing booking system platforms, investing in a CRM system, automating internal processes, and continuing website investments.
The company aims to increase the share of online sales, which currently represents less than 10% of the total. In the next 5 years, the target is for online sales to reach 40% of total sales.
For next year, TUI TravelCenter estimates a 12% increase in sales, while Green Village Resort has set a turnover target 15% higher and the continuation of investments worth 300,000 EUR.
Nova Travel estimates a turnover of 13.1 million EUR for 2018, an increase of 6% compared to this year’s level.
For Danubius Travel, a 40% increase in turnover is expected in 2018, up to 29 million EUR, achieved through sales growth on the two platforms: hotel-link.ro and cruise-link.ro.
The entire Eurolines group targets a 15% increase in turnover compared to 2017.
Source: Perfect Tour
Frequently Asked Questions
Which destinations saw the highest growth for TUI TravelCenter in 2017?
Exotic destinations such as Thailand, the Maldives, and the Dominican Republic saw the most significant growth due to increased accessibility for Romanian travelers.
What are Eurolines Group’s digital transformation goals?
The group aims to increase online sales from under 10% to 40% of total revenue within the next five years through investments in CRM, automation, and booking platforms.
What is the financial outlook for the Eurolines Group in 2018?
The group targets a 15% overall turnover increase, with significant growth expected from Danubius Travel (+40%) and Green Village Resort (+15%).