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Travel Counsellors first-half sales reach £328m

Travel Counsellors has reported global sales of £328million in the first half of the year, up 12% compared to the same time period in 2017.

UK bookings increased to £242 million, up £30 million from 2017.

The growth has been driven by the corporate travel sector. In 2018, global corporate travel bookings increased by 12% to £75million, with UK sales rising by 15% to £60million.

The company said sales have also been bolstered by post-World Cup bookings in July, which saw a 20% increase compared to the same period last year.

The most popular destinations by booking volume so far this year are Dubai, Barcelona and Las Vegas. The top selling locations for summer 2018 and 2019 are Spain, Greece, the USA, Italy and Turkey.

Travel Counsellors was acquired by Vitruvian Partners in a secondary management buyout from Equistone Partners Europe last month.

Steve Byrne, chief executive at Travel Counsellors, said:This year we have recruited 155 more Travel Counsellors who run their own leisure and corporate travel businesses from their home offices, and following our backing by Vitruvian, we will continue to invest in the tools, technology and support that allows them to deliver uniquely personal travel services for their clients.”

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