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
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.