Weeks on months of growth

Weeks on months of growth

Hedging currency in advance and offering an extensive product portfolio has enabled The Travel Corporation to buck the reportedly downward trend in overseas bookings, its Australia-based ceo, claims.

Bookings for 2105 are up for TTC’s international operations, in particular business to Europe, despite a flailing Australian dollar dropping 17% against the Euro year-on-year, the company said.

The “significant increases” in sales for the rest of 2015 have been across its guided holiday, escorted touring and river cruise brands Trafalgar, Insight Vacations, Contiki and Uniworld.

“We are fortunate to be able to report that despite Australia’s recent economic challenges, we’ve held up well and we are extremely encouraged by the positive growth in business, particularly to Europe,” TTC Australia ceo John Weeks said.

According to TTC, Trafalgar’s Eastern Mediterranean sales are up 22% compared to 2014 figures, while interest for Scandinavia on Insight Vacations is up 30% and Contiki’s Eastern European holidays are also up 25% year-on-year.

Weeks attributes the brands’ value proposition across its outbound travel range and the company’s cost-structure, which protects customers against further currency fluctuations, as key factors toward the growth.

“One of our core strengths within TTC is our ability to carefully hedge currency up to a year in advance, which gives us the distinct advantage of being able to guarantee prices for our guests, irrespective of whether the AUD declines,” he said.

“We also made a strong commitment to extending the breadth and depth of product across the board this year, which has paid dividends and undoubtedly added to the appeal of travelling with one of our brands.”

With prices set in August 2014 and guaranteed until October, Weeks confirmed there would be no surcharges imposed at any time across its entire range of products despite a worldwide currency flux.

Latest News

  • Destinations
  • News

APT Launches 2025 Asia Adventures

APT has launched its Asia Adventures for 2025, including new luxury holidays in India, Sri Lanka and Japan. Five new tours lead guests to the highlights of India, including a seven-night cruise along the rarely travelled Lower Ganges aboard the Ganges Voyager. Further south, Sri Lanka’s greatest destinations are revealed on a new 15-day Land […]

  • Cruise
  • Luxury
  • News

Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit

Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]

  • Luxury

Malolo Island Resort opens brand new Spa

Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]