Audley Travel reports rise in annual profits
Audley Travel saw profits rise last year as it moves towards digital growth.
The tailor-made experiential travel specialist operator’s adjusted earnings [ebidta] grew by £9 million to £34 million in 2018.
The improvement came as group revenue went up by 22% to £291 million in the year to December 31.
Audley’s US business significantly grew revenue by 58% to £75 million.
“The business continues to devote significant resource to developing new and unique product to capitalise on the growing demand for high quality, personalised and experiential travel,” the company said.
CEO Nick Longman said: “I am pleased with our performance in the past year and about the prospects of our business going forward.
“I am delighted to welcome Dan Robb and Chris Bayley to our leadership team as chief marketing officer and chief technology officer respectively. Both joined us in May 2019.
“Dan will be spearheading the diversification of our marketing channels while Chris will lead our digital transformation programme, both with the aim of increasing productivity and delivering a continually enhanced client experience.”