Alltours has seen its profit and revenue increase in the past financial year 2022/23. Profit (before interest and taxes, ed.) rose to approximately 74 million euros. That is 21 percent more than in the previous financial year. Turnover grew by 7 percent. With around 2 million passengers, the number of passengers remained stable compared to the strong year before. “Despite a difficult economic climate characterized by inflation and consumer reluctance, we can look back on a successful financial year,” said owner/founder Willi Verhuven on Monday at the presentation of the figures. “In the 2021/22 financial year, we already exceeded the pre-Covid level. We were able to continue our growth trajectory in 2022/23. Overall, we are very profitable – with equity of well over 60 percent, which is above average in the industry. Thanks to our highly efficient way of working, we have been able to absorb a large part of the cost increases of the past year internally and thus keep prices for our customers relatively stable compared to the industry average.” The strong growth for Alltours last winter 2022/23 came from the destinations of the Canary Islands and Egypt. Last summer, the company recorded the largest increase in Turkey and Greece. The major holiday destinations in Spain were able to pick up where they left off last year. Long-haul destinations showed a flatter growth curve as a result of higher airfare prices and the weak euro. Even in the current 2023/24 travel season, the demand for leisure travel will not decrease, says Verhuven. “People want to escape from everyday life. They want to travel, despite and precisely because of the many crises. This trend will continue in the coming year given the expected positive development of private consumption and falling inflation. For the current financial year, alltours expects a growth of 3 percent in number of passengers and 6 percent in turnover, despite the global crises. “After the relatively large price increases in the past financial year, only moderate price increases of 3 to 4 percent can be expected in this financial year.”
