April 22, 2024

Travel Counsellors’ business travel boom

Business travel is growing rapidly at Travel Counsellors. Recent financial figures show the company's corporate travel arm, Travel Counsellors for Business, now represents a quarter of revenue and has grown by 18% in the last year.

As a whole, sales at the independent travel company have hit a record £578 million, jumping 14% compared to the same period last year.

They are the firm’s first financial results since it was bought out by Vitruvian Partners in May 2018.

The total transaction value was further boosted by record sales in January this year, peaking on January 31 with £5.1m in sales – the highest the company has ever achieved in a single day.

The majority of corporate travel sales derived from the company’s operations in the UK and South Africa. The firm says the spike in growth is attributable to an increase in tech investment and delivering tailored travel experiences to corporate travellers.

According to the company: “This sizeable and constantly ‘on-the-move’ customer group is taking advantage of the company’s continuous investment in mobile app technology, enabling quick access to all travel information as well as a direct line of communication to their personal Travel Counsellor.”

Travel Counsellors’ Chief Executive, Steve Byrne (pictured), says: “These results reflect the growing number of Travel Counsellor business owners taking advantage of a technology platform, and global knowledge-sharing community, to create highly personalised, corporate and leisure travel experiences for customers.”

Manchester-headquartered Travel Counsellors, founded in 1994, delivers bespoke travel booking services to leisure and corporate travellers by harnessing a global network of 1,800 franchisees across seven countries.