Low Cost Travel sees sales more than double
Sunday, 07 Dec, 2009
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The Low Cost Travel Group has seen sales more than double to £109 million in the past year.
Pre-audited sales for the year to October 31 were up by 115%, with holidays and transfers booked for 1.2 million passengers.
This follows sales growing by 127% from £4.3 million in 2005 to £50.7 million in 2008.
The figures emerged as the group was placed 20th in the latest Sunday Times Virgin Fast Track 100 League Table published at the weekend.
The league table ranks Britain’s 100 private companies with the fastest growing sales over the past three years.
Low Cost Travel Group was founded in 2004 by chief executive Paul Evans and is made up of three main trading businesses selling hotels, flights and transfers through 3,500 travel agents, tour operators and directly to the consumer.
The group employs more than 150 staff, including a dedicated trade support and customer service centre team.
The lowcostholidays.com website was launched this year and is listed in the top 15 travel agency websites in the UK by Hitwise, attracting more than nine million unique visitors in the last 12 months.
Evans said: “We are very excited to feature on the Sunday Times Virgin Fast Track 100 League Table.
“We listen to what our customers really want when they are booking a holiday and with many of our holidays up to 50% cheaper than traditional packages we make it quick and easy for holidaymakers to find the right holiday at the right price.”
by Phil Davies
Phil Davies
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