Webjet moves ahead of pre-pandemic levels across key metrics.
Webjet is tracking 16% ahead of 2019 volumes for bookings and 1% ahead of pre-pandemic levels for Total Transaction Value (TTV) for the 12 months to 31 March, according to its latest financial report released this morning.
The online travel company posted a whopping $4.3 billion in TTV for the period and took 7.36 million bookings, while revenue also climbed by an impressive 164% to $364.4 million.
“Even though travel is yet to return to what it fully was, in the second half of FY23 we saw group bookings, TTV, revenue and EBITDA all ahead of where they were when the pandemic hit,” MD John Guscic said.
WebBeds was also called out as being a key driver of its strong results.
More details in today’s issue of Travel Daily.