lowcostbeds sees 80% sales growth
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Lowcostbeds (LCB), the Switzerland-based bed bank, achieved an 80% surge in international business for the year ending October 2014.
The company, which celebrated its 10th anniversary in 2014, revealed a strong set of results for its landmark year, with 65% of its two million passenger sales now coming from outside the UK.
Commenting on the company’s growth during this year’s ITB Asia trade show in Singapore, LCB’s managing director for Asia Pacific, Adam Alford, said; “We are tremendously encouraged by the early signs and gradually refining a leading position with future plans for growth across all Asia Pacific markets.
“LCB in a short time has positioned itself as a firm player in an already active demanding marketplace. Our unique approach, coupled with our clear and concise service has been extremely well received by our different travel partners throughout the region for our first financial year. In addition, we are continuously adding content and ensuring a quick and efficient delivery to the market, which is already contributing to a significant impact in revenues.”
Lowcostbeds, which forms part of the Lowcosttravelgroup, now sells from 47 countries across Europe, Latin America, Asia Pacific and the Middle East.
“We now have a team of local buyers in Thailand with plans to hire market managers specific to Asia. Our aim is to have 10k unique hotels by the end of this year in Southeast Asia. We will continue to invest in more inventory, management and distribution, as we build a fully operation al global business. The future indeed is looking very exciting,” Alford added.
Comments are closed.