Travel agents are needed more than ever, Helloworld says.
Helloworld Travel has reaffirmed its full-year guidance this morning, with the company’s March quarter update indicating its retail networks in Australia and NZ are benefitting from a strong rebound in travel appetite.
Fueled mainly by airline capacity growth, cheaper airfares, and an increasing trust in travel advisors more broadly, HLO’s Total Transaction Value (TTV) for the March quarter was $854.9 million, a significant lift on the Q3 FY23 result of $596.3 million.
The update also showed that Underlying EBITDA for the March quarter was $14.6 million, representing mild growth on the $14.2 million in Q3 FY23.
Helloworld also revealed that network numbers across its key agency businesses have stabilised over the last 12 months, with the update confirming that ongoing investment in supporting agents’ commercial outcomes through marketing, training, and systems development will be a key focus.
More details in today’s issue of Travel Daily.