Tourico Holidays, a global leader in wholesale travel brokerage, has announced that it increased room nights in Scandinavia by 60% year-over-year in 2015 and increased gross revenue by 35% year-over-year.
The world’s fastest growing travel wholesaler also signed eight new “Exclusive Deals” agreements – or pre-purchased hotel room blocks – with Scandinavian-based properties, guaranteeing its clients discounted rates of up to 60% off of retail.
Tourico Holidays recently struck Exclusive Deals agreements with hotels in Copenhagen, Oslo, Stockholm, Gothenburg, and in Malmo. The company expects to have a total of 20 Exclusive Deals in the region by the end of 2016.
“With nearly 5,000 distribution clients in over 100 countries, Tourico Holidays has the only network in the world that can drive demand to a particular region of the world – rather than just service it,” said Steve Skidgel, Executive Vice President of Global Product Development for Tourico Holidays.
“As large suppliers in Scandinavia continue to partner with Tourico, and as the company continues to dedicate additional resources to the market, we anticipate that the growth in this region is just getting started.”
Tourico is currently in partnership talks with some of the leading hotel brands in Scandinavia. As the company begins to ramp up its involvement in the region, Tourico will rapidly grow its sales and product team on the ground to better support its burgeoning partner network.
“With room nights, bookings, Exclusive Deals agreements, and partners all increasing in 2015, we expect that momentum to continue building throughout this year,” Skidgel said.
“Suppliers and distributors alike are beginning to realize that Tourico can help their businesses reach their full potential.”