Tourico Holidays continues to see growth across Europe and the Middle East, having reported a 300 percent revenue increase in the past five years.
“…after Brexit was announced we forecasted a 30 percent growth in UK room nights…“
With over 10,000 hotel partners across the region and a high demand for Tourico’s “ExclusiveDeals,” unique pre-purchased hotel rooms, hotel bookings for EME have increased 25 percent year over year.
“The European, Middle East travel market is one of the most stable in the world and many of its biggest source markets – like the U.S. and U.K. – are actually increasing their demand,” said Mark Redmond, Vice President of the European Region for Tourico Holidays. “For example, after Brexit was announced we forecasted a 30 percent growth in UK room nights. Today, we’re predicting an even greater increase of 41 percent. In such a reliable travel region, we’ve continued to partner with more hotels and now have over 10,000 hotel options in Europe and the Middle East.”
The U.S. accounting for 11 percent of total travel market in the region, UK accounting for another 11 percent, India and Germany each accounting for 5 percent of the total market share.
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