Four travel firms top profit league tables
Four travel firms have made the Sunday Times’ Profit Track 100 league table.
Airline Services, which cleans, de-ices and maintains planes at 11 British airports, is in the 9th spot up from 78th last year while west London-based Jac Travel, which supplies travel companies with hotel rooms as well as selling packages and corporate travel, is in 15th position.
Jac Travel plans further growth in the Middle East, India and China and has seen profit grow 93% a year from £893,000 in 2008 to £6.5 million in 2011.
Travel Counsellors is 80th in the table which shows private companies with the fastest-growing profit, put together for the Sunday Times by Oxford-based research and networking-events company, Fast Track.
The company, founded by David Speakman in 1994, has 1,200 self-employed ‘travel counsellors’ selling tailormade holidays.
Holidays booked through overseas agents have been growing fast after the company exported its business model to Ireland, the Netherlands, Australia, South Africa and Canada.
Profit growth has grown an average of 48% a year from £1.4 million in 2007 to £4.5 million in 2010.
Tour operator Audley Travel is 90th, down from 26th position last year.
Last month private equity firm Equistone bought a majority stake in the travel company set up by Craig Burkinshaw and John Brewer. Its profits have grown by 45% a year from £2.9 million in 2007 to £8.8 million in 2010.
To be eligible, companies had to be registered in the UK, independent and to show profit growth over three years, exceeding profits of £3 million in the latest audited accounts.
By Diane Evans
Diane
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025