Coach and holiday specialist Caledonian Leisure saw annual turnover rise by 40% to £55 million last year over 2022, according to newly-released company figures.
The firm, which operates under the Caledonian Travel and UKBreakaways brands, was established in 2021 and expects to handle its one millionth customer this summer.
The company strengthened Caledonian Travel’s presence in Scotland earlier this year with the acquisition of Glasgow-based operator Tartan Travel and added new departure points in Edinburgh and the east of Scotland.
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Further expansion of its network of regional travel centres has also been a key priority with new centres in high footfall central locations in Leeds and Newcastle, taking the total number to seven.
Caledonian has also moved into the hotel sector with the launch of The Caledonian Collection, a group of Caledonian branded hotels in UK holiday resorts, following the investor-led acquisition of the Claymore Hotel in Arrochar, Torbay in Torquay and Liberty’s in Blackpool.
Finance Director David McDonald said: “The business is in a very robust position at the moment, and we’re confident that the investments we have made this year will further accelerate our growth.
“The satisfaction of our customers is always our main focus, and it is for this reason we have retained Abtot protection for our customers in order to provide still further security alongside our trust account. We’re very excited for what the next 12 months has in store.”
Commercial Director Martin Lock added: “Sustaining a steady rate of growth across our brands is great news and we are encouraged by recent research which shows that over 50% of our customers intend to travel more with us over the next 12 months.
“Gaining customer loyalty is essential in the travel industry, and our network of agents play a key role in delivering our award-winning service and experience to customers.
“We thank them for their support and look forward to worker closely with new and existing partners going forward.”
Managing director Graham Rogers said: “We are delighted to share another year of strong financial results for 2023 and have ambitious plans to build on this going forward as we continue to develop our product portfolio, infrastructure and commercial partnerships.”