JacTravel, has been awarded the Queen’s Enterprise Award for international trade on account of its export growth. Overseas sales have nearly tripled in the six years to 2015, rising to over 80% of the business.
Company figures show net profits rose from £2 million in 2009 to £7 million in 2013 and in 2014. Total sales increased from £70 million to £166 million, with the overseas component up from £50 million to £140 million. The number of employees in the UK rose from 51 to 242. Now in its 41st year, JacTravel is one of the world's premier suppliers of online hotel bookings. The company is also a market-leading provider of tailored tours to groups visiting the UK and Ireland, including an established sports division offering bespoke sports tours and a range of services around sporting events such as Premiership Football, Euro 2016, 6 Nations Rugby and NFL.
The company serves 92 countries worldwide, with a portfolio of over 12,000 directly contracted and over 100,000 indirectly contracted hotels. It handles 1.5 million bookings annually; has a global distribution network of 20,000 travel partners and 14 offices employing more than 500 staff.
Chief executive Terry Williamson said: “We’re delighted to win the Queen’s Award which is significant recognition of our efforts to grow and develop JacTravel into a global market leader.”
INFORMATION FOR EDITORS
Established in 1975, JacTravel is one of the world’s leading suppliers of hotel accommodation for the global travel industry and provider of specialist inbound travel services to the UK and Ireland. With headquarters in London, regional offices throughout the UK, Europe, Asia, the Middle-East and North America and worldwide representation, our team of over 500 travel professionals is well placed to serve over 20,000 clients globally. This is facilitated by a directly contracted inventory of more than 12,000 hotels and, an additional aggregated portfolio of over 100,000 properties and an extensive range of preferred group tour suppliers.
A multiple award winning business-to-business specialist, JacTravel operates a number of distinct but complementary divisions:
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