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TravelManagers targets $700M in sales amid luxury travel focus
At its annual national conference in Hobart, TravelManagers discussed its recent financial performance and future growth strategies. Despite a 4% downturn in sales during the April-March financial year—attributed to global factors such as inflation and conflict in the Middle East—the company remains optimistic.
TravelManagers has set a sales target of $700 million over the next two to three years, representing approximately 40% growth. The company is also prioritizing the luxury travel segment, which it identifies as a highly resilient and growing area, and plans to launch a new luxury proposition in the near future.
In Tasmania, the hospitality and infrastructure sectors continue to evolve. The Tasman Hotel in Hobart has gained recognition as a premier luxury destination, recently appearing on the World’s 50 Best Hotels list. Meanwhile, in Burnie, local authorities have unveiled a master plan for a new indoor sports center and upgrades to existing facilities to meet community demand.
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What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The luxury travel sector is a primary focus area for TravelManagers. karryon.com.au
- [○ 1 SOURCE] TravelManagers plans to launch a new luxury travel proposition soon. karryon.com.au
- [○ 1 SOURCE] TravelManagers is targeting $700 million in sales within the next two to three years. karryon.com.au
- [○ 1 SOURCE] TravelManagers saw a 4% decrease in sales during the April-March financial year. karryon.com.au