Latvia, Statistics, Tourism

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 16:56

Profit of Latvia's Tez Tour operator shrink in 2015

BC, Riga, 03.08.2016.Print version
Last year sales and profit of Latvia's Tez Tour operator dropped, according to Firmas.lv business database, writes LETA.

The company last year generated EUR 21.92 mln in sales, down 2.5 percent from 2014 when its sales reached EUR 22.48 mln. Tez Tour's profit last year amounted to EUR 455,248, which is by 29 percent lower than EUR 645,578 earned in 2014.

 

The management said in its report that last year excursion and cruise programs in such directions as Greece, Italy, the western part of the Mediterranean rose.

Four new charter flight programs to Rhode Island in Greece and Verona in Italy.

Tez Tour last year also focused on development and improvement of its winter programs for trips to ski resorts in Austria and Italy.

 

The company has covered new resort regions, has included new hotels and organized additional flights to Salzburg for the year end holiday season.

 

Tez Tour this year plans to research local and foreign markets in order to provide new services to the existing customers and attract new customers.

                                              

Tez Tour, registered in 2002, has a share capital of EUR 2,846. Its sole owner is Luxembourg-registered company Azimuth Investments S.A.

 






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