Alltours is aiming for 4.5% growth next year with an expanded summer programme and new destinations after lower bookings but stable profits this year.
Germany’s fifth-largest tour operator today unveiled expected pre-tax profits of €52 million for the year ending October 2016 even though customer numbers are likely to fall by 241,000 to 1.63 million. The revenue figure was not disclosed. However, the company maintained its profits by sharply cutting back on full charter flights.
“Despite lower customer numbers, the Alltours Group is very satisfied with the financial results,” said managing director Markus Daldrup.
The volume decline was largely due to an overall loss of 260,000 bookings for Turkey, Tunisia and Egypt. In contrast, Alltours and its last-minute holidays brand byebye saw good growth for Spain, with a 6.9% rise in customer numbers, while there was also strong demand for Bulgaria (+38%), Greece (+6%) and Mexico (+20%).
Looking ahead, Alltours is targeting a 4.5% rise for both customer numbers and revenue in the 2016/17 year. Winter bookings are currently “going to plan”, although demand for Turkey remains below last year.
Europe programme
For summer 2017, Alltours has expanded its Europe programme significantly with new destinations, including Spain’s Costa Brava, Costa Dorada and Costa de Almeria as well as Corsica and Scandinavia. Capacity has been increased especially for Spain, Greece, Portugal and Bulgaria. Among new long-haul destinations are Mauritius and Curacao.
The overall hotel portfolio has increased from 2,900 hotels this summer to 3,355 for next summer, with about 10% of these exclusively bookable through Alltours. The group’s Allsun hotel chain will have 32 hotels, including 26 on Majorca.
There are diverging price trends, but overall prices will be stable. Alltours holidays will be cheaper in Egypt and Turkey (-5%), Tunisia (-4%) and Greece (-2%) as well as the UAE and Asia, but Spain will be between 2% and 2.7% more expensive.
“We see ourselves very well positioned with the summer programme for 2017 and will grow in the 2016/17 business year,” Daldrup stated. “We hope that Turkey, Tunisia and Egypt recover from the general weak demand so that we can adjust our growth upwards.”
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