Vietravel posts 31% revenue growth

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SaigonTimes English - 11 month(s) ago 1 readings 1 duplicate news

HCMC – HCMC-based travel firm Vietravel in the year’s first half saw its revenue growing 31% compared to a year ago.

Vietravel posts 31% revenue growth

By Tuong Vi - The Saigon Times Daily

HCMC – HCMC-based travel firm Vietravel in the year’s first half saw its revenue growing 31% compared to a year ago.

Alongside price cuts, the tour operator has launched a promotional program with prizes totaling VND8 billion during the summer.

As for the domestic travel segment, Vietravel registered a 20% year-on-year growth rate while it recorded a growth rate of 25% in outbound tourism.

There was a pick up in domestic tours taking in destinations in the country’s central and northern regions, Phu Quoc Island and the Mekong Delta as the company offered 40-45% discounts under the stimulus program.

Tours to Cambodia, Thailand Singapore and Malaysia grew significantly given attractive prices. Meanwhile, high-income travelers still chose destinations such as the U.S., Japan, South Korea, Dubai and Egypt.

Vietravel now arranges five tours to the U.S and Dubai monthly, 2-3 tours higher than last year. The number of tourists taking these tours is high, at over 30 per trip.

For this summer, the tour operator unveils promotions on 50 out of 300 tours. As of May 16, it served nearly 73,000 tourists.

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