Rail Europe reports record year

Rail Europe reports record year
By admin

Rail Europe recorded a new record in 2012 with sales exceeding 200 million euro ($261m) for the first time, as Australasia once again "led the way".

The rail distributor saw overall sales rise 16% year on year with traveller numbers hitting 2.6 million.

Chief executive Pierre-Stephane Austi said the results exceeded initial forecasts.

"Despite a difficult worldwide economic context, Rail Europe managed, once again, to achieve double digit growth, contributing to the growth of the whole industry and affirming its leadership role," he said.

Australasia recorded revenue of 47 million euro ($61.36m) and traveller numbers of 158,000, with sales up 15% on the previous year. 

Top performers in the region included high spead services the TGV and the Eurostar along with those into Switzerland on Lyria. Benelux, Italian, Spanish and British trains have also been selling strongly. Swiss and France rail passes remained popular with a surge in Eurail Pass sales also being seen.

Rail Europe indicated the growth is set to continue this year, with the introduction of new product, partnership and promotional programs, new distribution methods and "close support" to all markets.

2013 will also see full-year results of the direct connection of Italy's Trenitalia and Deutche Bahn distribution systems to Rail Europe's, with the distributor expects with produce "significant sales".



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