Franchisee’s of the company are making record profits and sales in comparison to last year
The Travel Franchise has celebrated a booming January, with sales values up by 65 per cent YoY and profits up by 83 per cent YoY.
The franchise recorded their highest on record sales values at the end of January 2023, which were up by up 27 per cent in comparison to its previous busiest day, which was earlier in January. The average number of bookings per franchisee per month has increased by more than 50 per cent, and the company is seeing big gains for cruises with the average number of cruise bookings per day having increased by 2.5 times.
Paul Harrison, co-founder of The Travel Franchise, says: “The number of bookings made by each member is our best measure of success as it shows our franchisees are eager and active. The fact that it is higher than ever before proves that they are expert, confident and well-trusted by customers. This is naturally reflected in our sales.
“High-ticket luxury and milestone holidays are still in high demand as people are investing more in dream trips. Pre-pandemic, we used to book £10,000 holidays every few days, now they are as frequent as every other booking. Our increased sales and booking values show that people will sacrifice many other lifestyle items before they reconsider their holidays.”
Franchisee Lloydie Gardiner bought a franchise when a road traffic accident forced him to give up his job. He has recently sold £150,000 worth of holidays in just two weeks.
Lloydie says: “I’ve taken £280,000 in January and I’m also currently pricing up a big overseas wedding in the Maldives for 2024 which will be worth around £200,000.” Last year Lloydie turned over £1.3 million in holidays and he expects a growth of at least 15 per cent this year.
Franchisees that have only just launched their travel businesses recently are also experiencing huge success. One member has booked holidays worth £105,000 in the 55 days since starting her business alongside her full-time job in the NHS.