India Emerges as the Top-Performing Region for Independent Travel Managers

Trevolution Group, the global travel industry leader operating ASAP Tickets, Skyluxtravel and other major travel brands, has announced India as the top-performing market for its new travel platform Dreamport. The innovative digital tool was first launched in India in April of this year to empower and unite Independent Travel Managers, and during the first seven months of Dreamport’s launch, over 51,000 freelancers from different parts of the country have signed up to use the platform as a source of everyday income. Delhi, Mumbai, Muzaffarnagar, Hoshiarpur and Bhadrak are the leading Indian cities most travel agents come from, while the United States, Nigeria, the Philippines and India are the most popular international destinations Dreamport customers from around the world choose to fly to. 

India and Uzbekistan were strategically chosen as the first launch markets for the platform, and since September, it is also available across Moldova, with more than 56,000 unique applications up to date. Over 30% of travel agents have also passed the assessment process. 

India has historically been one of the most popular travel destinations for American and Canadian passengers, and today the demand for transpacific flights is exceeding pre-pandemic volumes. That is also reflected in Dreamport agent sales during the first months of the platform’s launch resulting in over 15,000 flights sold to the most popular global destinations across the traditional leisure tourism and the emerging visiting-friends-and-relatives segment. 

The platform provides an all-inclusive and free training program to individuals, including beginners, covering various topics from marketing, sales and customer service to travel industry standards and digital tools. It also offers a user-friendly interface that guides agents through the process of creating and managing a travel business. Through Dreamport, users receive customer requests from ASAP Tickets and Skyluxtravel, travel ventures of Trevolution Group, and earn a commission on each sale. The platform’s commission structure is highly competitive, enabling users to earn a substantial profit while performing services from anywhere across the country. 

Dreamport is developed as a comprehensive consolidating tool that allows gig workers to get contracted as Independent Travel Managers, making freelancing in the travel industry accessible and tackling unemployment issues among young adults. It is set to transform the global travel market by offering a unique opportunity for motivated individuals to earn income and build a career in the travel business while servicing millions of industry customers fully remotely. The main responsibilities of an Independent Travel Manager include providing customer service and offering the best options for travel routes and international airfare tickets, as well as auxiliary travel products.    

“Remote work has allowed me to grow regardless of my physical location and it provides me regular income. I always dreamed of living in my hometown, and thanks to Dreamport, I was able to move back and build my own travel business. I started my remote work journey slightly over three months ago and I am already reaching my objectives by earning the desired amount of money and saving up for my future goals. This is my first individual business, and it is one of the very few ones that you can start with zero investment to fulfill your entrepreneurial dream,” says Dreamport’s Independent Travel Manager from Cherikonda, Maya Kapoor-Miller. 

Dreamport is accepting new applications for its Independent Travel Manager program. Interested individuals from anywhere in India are invited to visit the Dreamport website to learn more about the program and sign up for free: https://www.dreamport.me/. 

 

About 

Dyninno Group, which operates International Travel Network, ASAP Tickets, Skyluxtravel, Dreamport and other travel brands, has established itself as the market leader in the travel business, specializing in the visiting friends and relatives’ segment. Over 730,000 unique airline tickets and vacation packages were sold by the companies under the Trevolution Group brand in 2022, making it the fifth-largest travel consolidator in the US. 

Survey Reveals: Most Travelers Go Abroad to Visit Friends and Relatives

ASAP Tickets has released new market research, revealing the main reasons for travel in 2023. 63% of air travelers say they go abroad to visit friends and relatives. Over one-half (60%) do it once or twice a year, and the majority (55%) prefer to travel together with one or several family members. 

Purpose of Travel 

When it comes to the main reasons for traveling, the survey shows that visiting friends and relatives is the most popular response for 62.92% of customers. 10.06% prefer exploring new cities and sightseeing (9.27%), but 6.71% say they fly abroad for business arrangements or to enjoy a beach vacation (5.13%). Male travelers visit foreign countries for work purposes more often (7.64%) than women (5.63%), while female passengers typically prefer leisure trips. Almost one-third, or 27.7% of female travelers, fly overseas to explore new cities, do sightseeing and indulge in beach vacations. Among men, only 22.57% or roughly one in every five respondents travel for a leisure vacation. 

Frequency of Travel 

With the travel volumes exceeding pre-pandemic levels throughout 2023, for many people traveling is again an integral part of their everyday lives. According to travel habits research, 59.53% of passengers travel by air one to two times a year. One in every three travelers (28.49%) does it once in several years. Meanwhile, for 9.82% of all respondents, quarterly travel is a must, and only 2.16% do it regularly on a monthly basis. The survey also reveals that men turn out to be more active air travelers compared to women. Over 76% of them go abroad at least once a year, while among female passengers 65% travel one or several times annually. 

                             

Company for Travel 

According to the survey, over half (55.60%) of Asaptickets customers travel together with their family members or other relatives. One-third of them (30.65%) are dedicated solo travelers who prefer to explore the world on their own or travel alone for work. 8.84% reveal they usually have friends accompanying them, and only 2.55% of the respondents have answered to go abroad with their coworkers. In comparison, male travelers are more open to traveling solo (33.91%) instead of going abroad with friends (6.92%). However, female travelers say that 11.68% of them prefer going abroad in friends’ company. On average only one in every four women (26.64%) chose to fly on their own. 

 

Methodology: Research conducted by Asaptickets and conducted among adults who have traveled for business or leisure in the past 12 months using Asap Tickets and Skylux Travel agency services in the United States and Canada. In total, more than 1,000 respondents aged 18 and above. 

A New Digital Platform Launched to Unite Travel Entrepreneurs in Moldova

Dyninno, an international group of companies, that provides products and services in the travel, finance, entertainment and technology sectors in over 50 countries, announces to have launched Dreamport, a new online platform, in Moldova. Dreamport allows gig workers to get contracted as Independent Travel Managers, making freelancing in the travel industry accessible. The digital platform is developed as a comprehensive consolidating tool that allows independent travel managers to earn income fully remotely. It was first launched back in April across India and Uzbekistan, and since the beginning of September, it is also available for aspiring travel entrepreneurs in Moldova.  

During the first six months of Dreamport’s launch, over 56,000 people from different parts of the world have signed up to use the platform as a source of everyday income. Balti and Orhei are the top Moldovan cities travel agents come from, while the United States, the Philippines, India and Nigeria are the most popular international destinations customers choose to fly to. 

Dreamport is a fully digital platform meant to work as a tool that enables anyone, without being bound by geographical limitations, to be trained and contracted as an Independent Travel Manager and build a career in travel business. This innovative platform is set to transform the global travel market by offering a unique opportunity for motivated individuals to get expertise and earn income while servicing millions of travel industry customers entirely remotely. The main responsibilities of a travel manager include providing customers with information on travel routes and offering international airfare tickets, as well as auxiliary travel products.  

The new platform offers an all-inclusive and free training program to individuals, including beginners, covering various topics from marketing, sales and customer service to travel industry standards and digital tools. Additionally, Dreamport provides customer leads to its travel managers to initiate sales. It also offers a user-friendly interface that guides agents through the process of creating and managing a travel business. Through Dreamport, users receive travel requests from Dyninno group’s travel services, such as ASAP Tickets and Skyluxtravel, and earn a commission on each sale. The platform’s highly competitive commission structure enables users to make a substantial income while performing services from anywhere across the country.  

According to the Founder of Dyninno, Alex Weinstein, the company aspired to establish a platform that would offer opportunities to individuals worldwide. “Moldova is more than just a business location for me – it’s a connection to my roots, and I’m excited to create opportunities for the people of Moldova. Our leadership team, including myself, started the professional journey as travel agents and built their careers with us. With two decades in the travel industry, we firmly believe in the transformative force of giving back, as it not only improves the lives of those with limited earning opportunities but also reinforces our commitment to being a socially responsible entity that strives to make a positive impact on the world. And this time, I am particularly excited to introduce the launch of our new platform in Moldova,” says Weinstein. 

Based on the latest statistics by The World Bank*, the unemployment rate in Moldova has been gradually decreased during the past 10 years reaching 2.3% in 2022. However, among young adults this number was more than twice as high in the same period reaching 13.2% in 2012 and dropping down to 8.1% last year**. Although the rate of unemployment among young adults is comparable to the average of other countries in the European Union, the risk of being unemployed is twice as high for young people as for adults. The lack of decent employment opportunities is a major push-factor for migration, particularly for youth from rural areas, where young adult unemployment is even higher than in urban areas.***  

Dreamport platform is therefore made as a comprehensive tool to help tackle unemployment issues among young adults. With the rapid development of digital technologies and with remote work setting becoming more common across the globe, the travel manager’s job is a smart solution for those looking for more flexibility and independence on day-to-day basis. The only requirements for the platform application are thus a good level of English and a stable internet connection. No previous industry experience or education is required, as world-class training is provided to teach skills and knowledge in sales, communication, active listening, business acumen, discovery, curiosity, and collaboration.  

Dreamport is accepting new applications for its Independent Travel Manager program. Interested individuals from anywhere in Moldova are invited to visit the Dreamport website to learn more about the program and sign up for free: https://www.dreamport.me/. 

* https://data.worldbank.org/indicator/SL.UEM.TOTL.ZS?locations=MD  

** https://data.worldbank.org/indicator/SL.UEM.1524.ZS?locations=MD  

*** https://www.oecd.org/countries/moldova/youth-issues-in-moldova.htm  

 

About 

Dyninno Group, which operates International Travel Network, ASAP Tickets, Skyluxtravel, Dreamport and other travel brands, has established itself as the market leader in the travel business, specializing in the visiting friends and relatives’ segment. Over 730,000 unique airline tickets and vacation packages were sold by the group’s travel brands in 2022, making it the fifth-largest travel consolidator in the US. 

The Philippines Emerges as the Leading Travel Market for Trevolution Group

Trevolution Group, the global travel industry leader operating Asaptickets, Skyluxtravel and other major travel brands, reports selling over 117,000 airline tickets to and from the Philippines in the first three quarters of 2023, thus indicating a stable 16% growth across the market compared to the same period last year. This amounted to nearly 183 million USD in gross bookings, or over 20% of the group’s total gross profit during the nine months. 

Since commencing direct ticketing operations in the region in early 2023, the Philippines has become the top-performing market globally for Trevolution Group in both traditional leisure tourism and the emerging visiting-friends-and-relatives (VFR) segment.

Historically, it has ranked among the favored tourism spots for international leisure travelers, and presently, the surging demand for transpacific flights significantly surpasses pre-pandemic levels. Thus, in the first nine months of 2023, Trevolution Group has reported a significant 60% increase in outbound tourism from the Philippines, which indicates this market’s rapid recovery and growth. This year, from January to September, there has also been a 12% increase in inbound tourism compared to the same period last year. According to the Philippines Department of Tourism, a total of over 4 million foreign nationals and overseas Filipinos have arrived in the Philippines in the three quarters of 2023, which is close to the country’s target of welcoming 4.8 million visitors from abroad this year, and Trevolution Group’s businesses are a constant contributor to reaching this goal. 

The Philippines is now in the state of full post-pandemic tourism recovery, and next to Manila, Cebu also plays a crucial role in regional development. Over the past years, Cebu has evolved into a thriving economic center and tourism hub, and it is one of the fastest developing cities in the Philippines. That is also reflected in Trevolution Group’s latest business results where during the past nine months Cebu contributed to 10.5% of the total flight tickets sold to and from the Philippines airports showing a 12.5% gross booking revenue increase compared to the three quarters of 2022. The Philippines Department of Tourism sees Cebu as one of the strongest driving forces for the economic development of the region in the upcoming years, and the emerging VFR segment is predicted to constitute a significant part of the travel business, especially across inbound tourism. 

Class of Travel 

The growing demand for international travel to and from the Philippines is also reflected in the substantial increase in sales across all cabin classes during the three quarters of this year. That resulted in a 59% growth in flights booked from the major airports across the Philippines in Economy and a high 79% growth in Business class compared to last year’s data for the same travel period. Meanwhile, the demand for inbound Economy tickets has increased by 11% and by 29% in Business class, which again indicates the notable return of the business travel. International businesses are growing, and the Philippines are becoming a major player in today’s global economy.  

Based on Trevolution Group’s sales results, another cabin class that keeps showing a positive tendency among Filipino travelers is Premium Economy, thus indicating a growing demand for more affordable yet upgraded comfort. Additionally, majority or 90.5% of all tickets purchased to the Philippines were round-trip tickets compared to almost the same proportion or 91% in 2022. That is another indicator of the emerging VFR travel segment that is especially popular among 4.4 million Filipino Americans who have strong ties to the homeland and who are booking most round-trip tickets from the US to the Philippines.  

Likewise, the share of one-way tickets has also stayed at nearly the same level and amounted to 9.5%, compared to 9% during the nine months last year. The proportion of outbound return tickets, however, is at only 42.5% in 2023 vs. 38.8% in 2022 indicating a minor growth which clearly highlights the ongoing return of global leisure travel with different destination airports. 

Booking Window and Terms 

Almost half or 48% of all global travelers flying to the Philippines in the first three quarters of 2023, purchased their tickets over three months prior to the departure date. This number has increased slightly since the last year when 43% of Trevolution Group’s passengers would book their flights over 90 days ahead. Such a pattern indicates that the travel industry has now finally recovered to a pre-pandemic state, and people feel more confident again in making their travel plans further in advance, especially when it comes to VFR travel. Thus, only 10% of all inbound flight tickets are purchased up to 10 days before the trip in 2023, compared to 9.5% in 2022.  

Meanwhile, according to the Group’s ticket sales from the Philippines, air passengers tend to make more last-minute decisions and, therefore, only less than one quarter or 23.5% of all travelers secure their tickets over 90 days in advance, while 14.5% choose to do it up to 10 days in advance. Last year, however, the sales data showed a slightly different pattern, with more passengers (17.5%) making last-minute bookings and only 20% of them purchasing tickets over three months in advance.  

In addition to that, the number of short-term bookings for up to 10 days from the Philippines has decreased in both 2023 and 2022, and the average length of stay abroad is now 61.9 days vs. 62.3 days in the same period last year. This indicates that travelers still tend to make up for the two pandemic years and thus feel more confident about spending more time abroad now that the industry has recovered, especially when visiting their friends and family or working remotely. Meanwhile, for travelers coming to the Philippines, this period is twice as low, with 33.6 days or an average of one calendar month in the first nine months period of 2023 compared to 37.7 days within the same 9-month timeframe last year, which is an average length of stay abroad for leisure travel. 

Destinations 

Following the last year’s pattern, the vast majority of visitors coming to the Philippines in the three quarters of 2023 originated from the United States, Canada and Japan, also adding Australia to this list and choosing Manila (76%) and Cebu (10%) as the main arrival airports. Similarly, the top five departure cities to the Philippines remained Los Angeles, San Francisco, New York, and Toronto, followed by Chicago, and most inbound passengers flew with Philippine Airlines, EVA Air and China Airlines following the global pattern where the most popular airlines listed are also the top carriers to the Philippines. 

Meanwhile, majority of air travelers starting their journey from the Philippines in the three quarters of 2023 chose such popular global destinations as the United States, Canada, Japan and Singapore, as well as flew domestically within the country. Thus, Los Angeles, Toronto, San Francisco, New York and Vancouver remained the top destination cities, similarly to the corresponding period of 2022, with an average of 50% more tickets booked from January to September in 2023 and Philippine Airlines, EVA Air and United Airlines as the top three air carriers of choice. As the proportion of the America-based Filipino community is continuously growing, this pattern is heavily influenced by VFR tourism being one of the main reasons for these passengers frequently flying to the Philippines and back to North American cities, as well as vice versa instead of other global destinations.  

“For many years, tourism has been an important sector of the Philippines economy, and we are proud to have Trevolution Group among the top global businesses contributing to the regional growth and supplying the demand for international travel. During the first three quarters of the year since launching direct ticketing operations in the Philippines, we have established a strong presence across the region highlighting the Philippines as our largest travel market across Asia and globally,” Alex Weinstein, the Founder of Dyninno Group commented. 

 

Trevolution Group incorporates the travel businesses of the Dyninno Group of companies, which provides products and services in the finance, travel, and entertainment sectors. Trevolution Group has established itself as the market leader in the travel business, specializing in the visiting friends and relatives’ segment. Over 730,000 airline tickets and vacation packages were sold by Trevolution Group in 2022, which makes it the fifth-largest travel consolidator in the US.  

For further details, please contact pr@dyninno.com 

Trevolution Group Reports Record Airfare Sales Results in the Indian Market

Trevolution Group, the global travel industry leader operating ASAP Tickets, Skyluxtravel, Dreamport and other major travel brands, has announced record sales for its travel operations across the Indian market during the three quarters of 2023. Reported business results indicate a solid 37% market growth compared to the same period last year highlighting India as one of the leading travel destinations for international airline passengers across the traditional leisure tourism, as well as the emerging visiting-friends-and-relatives (VFR) segment. Over 59,220 flight tickets have been sold to and from India’s main airports, resulting in almost 103 million USD in gross bookings or more than 11% of the overall company’s gross profit during the nine-month period. 

India has historically been one of the most popular travel destinations for American passengers, and today the growing demand for transpacific flights is strongly exceeding pre-pandemic volumes. In the first nine months of 2023, Trevolution Group has reported a 22% increase in inbound tourism compared to the same period last year. This growth aligns with the country’s ongoing initiatives to strengthen its tourism sector. This year, from January to September, there has also been a significant 179% increase in outbound tourism from India, which indicates this market’s rapid recovery and growth. International businesses are expanding, and India is becoming a major player in today’s global economy. 

The past summer has been the busiest travel period up to date, and the upcoming holiday season is predicted to show the same pattern with an even higher demand marking 2023 as the year of record boom across the Indian market. 

Class of Travel  

Travel from India has seen a substantial increase in sales across all major cabin classes during the first nine months of the year. That resulted in a high 193% growth in flights booked from India in Economy and a 139% growth in Business class compared to last year’s data. Meanwhile, the demand for inbound Economy tickets has increased by 17% and by 11% in Business class. Based on recent sales results, another cabin class that keeps showing a positive tendency among Indian travellers as well as globally is Premium Economy, thus indicating a growing demand for affordable and reliable comfort. The numbers of ticket class types sold most frequently signal the gradual return of business travel, also highlighting the emerging VFR segment that is especially popular among 4.4 million Indian Americans. Additionally, 83.5% of all tickets purchased to India were round-trip tickets, while the share of one-way tickets has stayed at nearly the same level and amounted to 16.5%, compared to 16% in 2022. The predominance of outbound return tickets, however, is slightly less distinct with a 41% share in 2023 and 29% last year indicating the gradual return of leisure tourism in this region. 

Booking Window and Terms 

Over one-third or 36% of all global travellers flying to India in the first nine months of 2023 purchased their tickets more than 90 days prior the departure date. Last year, however, this number was relatively lower with only 31% of airline passengers booking their flights over three months in advance. This indicates that the travel industry has now finally recovered, and the travel sales show an increasing pattern of people making their travel plans further ahead. Thus, only 15% of all inbound flight tickets are purchased up to 10 days before the trip. Meanwhile, according to ticket sales from India, passengers tend to do more last-minute decisions and, therefore, only less than one-sixth of all travellers buy their tickets over three months in advance while almost 16% choose to do it up to 10 days in advance. In addition to that, the number of short-term bookings for up to 10 days from India has decreased in both 2023 and 2022, and the average length of stay abroad is now 97 days vs. 89 days in the same period last year. This shows another trend, indicating that people still want to make up for the two pandemic years and thus tend to spend more time abroad, especially when vising their friends and family. Meanwhile, for travellers coming to India, this period is three times lower with 32 days in the first nine months of the year compared to 33 days in the same timeframe last year, which is an average length of stay abroad for international leisure travel. 

Destinations 

According to Trevolution Group recent sales data, the majority of foreign visitors coming to India in the first nine months of 2023 originated from the United States, Canada, as well as the United Kingdom and the UAE following the last year’s pattern and choosing Mumbai and Delhi as the main arrival airports. Similarly, the top five departure cities to India remained New York, San Francisco and Chicago, followed by Los Angeles and Dallas with Air India, Qatar Airways and Turkish Airlines being the most popular carriers. Meanwhile, the majority of travellers starting their journey in India flew to destinations including the United States, Canada, the UAE, the United Kingdom, and within the country. Thus, New York, San Francisco, Chicago, Dallas as Washington remained the top destination cities just like in the same corresponding period of 2022 with Emirates Airlines, Air India and Turkish Airlines as the top three air carriers. That again is heavily influenced by VFR tourism, which is one of the main reasons for Indian passengers frequently flying to North America instead of other global destinations. Indian diaspora in the US is growing and these people have strong ties with India. Likewise, this trend is also directly linked to Trevolution Group launching ticketing operations in the UK at the beginning of 2023, where a large portion of the population is of Indian descent. 

“India’s growing economy and expanding international business relations are fuelling a rising demand for global travel. The three quarters of 2023 have proven a strong increase in international travel between Asia and other regions. Our strategic partnerships, such as the one with Air India, are a key driver of this success; with Air India now serving three major Indian airports from San Francisco – Mumbai, Delhi, and Bangalore – we’re witnessing a growing demand for our services among both our loyal customer base as well as new clients. The strong revenue growth is a testament to our continued focus on supplying the demand, growing capacity, introducing innovations and securing positions in this robust market,” Alex Weinstein, the Founder of Dyninno Group commented. 

 

Trevolution Group incorporates the travel businesses of the Dyninno Group of companies, which provides products and services in the finance, travel, and entertainment sectors. Trevolution Group has established itself as the market leader in the travel business, specializing in the visiting friends and relatives’ segment. Over 730,000 airline tickets and vacation packages were sold by Trevolution Group in 2022, which makes it the fifth-largest travel consolidator in the US.  

For further details, please contact pr@dyninno.com 

Trevolution Group Introduces NDC Aggregated Air Travel Services

Trevolution Group, the global market leader operating Asaptickets Skyluxtravel, Dreamport and other travel brands, has announced implementing New Distribution Capabilities (NDC) in its airline ticket distribution as of September 2023. By partnering with AirGateway, a world-leading NDC aggregator, by the end of the month, Trevolution Group will offer its customers instant access to customized travel content of over 15 global airlines, including several major carriers such as Lufthansa Group, United Airlines, Emirates, Finnair, Air France-KLM, American Airlines, British Airways, Iberia and others.  

As the travel industry continues to evolve and adapt to the needs of customers around the globe, NDC has recently emerged as an ultimate game-changer. It is an improved industry standard, developed by the International Air Transport Association (IATA), to facilitate a direct exchange of data between the leading industry players, thus transforming the way air products are retailed to corporations, leisure and business travelers. Meanwhile, NDC aggregator is essentially a third-party technology provider that serves as a centralized platform between airlines and travel agencies to provide instant connections to multiple airlines’ NDC contents, such as flight inventory, supplementary services, and pricing, including those options that may not be available through traditional distribution channels. 

Another advantage of introducing NDC is the ability to offer a transparent shopping experience with customized offers and personalization. Thus, Trevolution Group travel brands can now leverage the data to better understand traveler preferences and offer tailored travel packages that are unique to each customer based on their travel history, preferences, behavior, and airline loyalty details, making the booking experience more convenient and effortless. Likewise, the NDC technology allows airlines to return these personalized offers, apply discounts based on loyalty status, or provide alternative payment options such as miles. 

While the traditionally used global distribution system (GDS) model only permits airlines to display prices and schedules, the NDC standard provides real-time information. As Trevolution Group moves forward with the new integration, a full range of NDC services will be introduced and offered to its customers in the upcoming months. As a result, air travelers will benefit from real-time updates and seamless integration to make instant alterations to their bookings, from seat upgrades to itinerary changes, without having to wait for confirmation from the airline. Additionally, the implementation of NDC will provide instant flight updates, ensuring that customers are always aware of any changes to their travel plans. Airlines will thus send passengers direct alerts about flight delays or gate changes, offer upgrade options, or notify customers about in-flight services and amenities.  

“After signing the partnership agreement with AirGateway, Trevolution Group travel brands can get quick and easy access to full range of fares and ancillary products from multiple airlines at once with just a single integration. This means that we are able to provide our customers the very best flight options that suit their preferences and budget, regardless of where in the world they are flying to. By the end of the year, we expect to sell over 20 thousand airline tickets via NDC, while during 2024 our goal is to reach 150 thousand ticket sales. And although it requires significant infrastructure investment, we are ready to invest in the future,” Peter Vazan, EVP of Industry Relations at Trevolution Group comments. 

_

Trevolution Group incorporates the travel businesses of the Dyninno Group of companies, which provides products and services in the finance, travel, and entertainment sectors. Trevolution Group has established itself as the market leader in the travel business, specializing in the visiting friends and relatives’ segment. Over 730,000 airline tickets and vacation packages were sold by Trevolution Group in 2022, which makes it the fifth-largest travel consolidator in the US.

For further details, please contact pr@dyninno.com.

Trevolution Group’s Airfare Sales Cross $623 Million Milestone 

Trevolution Group, the global market leader operating Asaptickets, Skyluxtravel, Dreamport and other travel services, has announced commercial results for the first half of 2023 showing record performance in airfare sales. During the past six months, the Group’s total gross bookings reached 623.57 million USD exceeding the same period last year by 43% and resulting in over 435,210 sold tickets across its travel brands. This indicates almost 92% growth in the number of tickets sold compared to the pre-pandemic period for Trevolution Group, which continues its market expansion and now also offers direct ticketing to customers across the Philippines and the UK since the beginning of this year.  

  • Gross travel bookings, which refers to the total dollar value, generally inclusive of taxes and fees, amounted to 623.57 million USD, indicating an increase of 43% from the prior year 1H; 
  • The number of unique tickets issued reached 435,210, increasing by 43% vs. H1 in 2022; 
  • Premium economy class has shown a significant increase going up in demand by 130%; 
  • The share of one-way tickets amounted to 23% of all tickets sold; 
  • The number of auxiliary products and services increased by nearly 30% vs 1H2022. 

Trevolution Group has been a global expert market leader for almost two decades and has developed extensive expertise in the Visiting Friends and Relatives segment. The VFR form of travel is also strongly indicated by its most popular travel destinations, with the Philippines, India, Italy, the United Kingdom, and the United States being the top five most visited countries so far in 2023. Compared to the previous year, ticket sales to Italy have grown by over 40% and to the United Kingdom by 36%, while India has shown a 39% growth and the Philippines – a close to 13% increase. Thailand and Indonesia have surfaced as emerging travel destinations, leading to a significant increase in the count of Trevolution Group customers traveling to these sought-after vacation destinations, more than doubling the previous figures. 

Because of the worldwide economic context, ticket prices have risen on average compared to the first six months of last year: economy class by 4%, premium economy by 19%, business class by 22% and first class by a substantial 30+%. The highest price increase is observed in first class, where consumers are less sensitive to airfare fluctuations and can promptly adjust to ongoing inflation.  

Airfare ticket type   Price change 1H2023 vs 1H2022, %  
Economy   4%  
Premium economy    19%  
Business class    22%  
First class   More than 30%  

Meanwhile, the share of one-way tickets stayed at nearly the same level and amounted to 23%, compared to 20% in 2022, which has more than doubled from 11% in 2019.  

According to the latest sales data, the average advance purchase period continues to be lower than in the pre-pandemic period when people would plan their travel longer ahead. Thus, in the first half of 2023, 19% of airline passengers booked their flights up to 10 days in advance, while 11% chose to do it 11-20 days ahead and 9% bought their airfare tickets up to a month in advance. While only one-fifth of all passengers bought airline tickets over three months in advance back in 2022, this year, almost 30% of air passengers chose to secure their flights 90 and more days ahead. That is directly linked to the ongoing recovery of post-pandemic travel – a longer booking window indicates greater travel confidence and the desire to compensate for all the trips that were once canceled because of travel restrictions. 

Booking window             % of air tickets sold, 1H2022          % of air tickets sold, 1H2023  
< 10 days                                                  22%  19%  
11-20 days                                               12%  11%  
21-30 days                                               10%  9%  

Similarly, to last year, most passengers chose to fly business class, and one in every ten travelers in 2023 flew business class. In addition, the premium economy class has shown a significant increase going up in demand by 130% compared to 2022, which indicates the travelers’ growing desire for comfort and more affordable flight upgrades. As a result, the number of auxiliary products and services has also increased by almost 30% in 2023 versus 2022 and by 108% compared to 2021, again indicating the increased interest in additional travel products being available all at once when placing a booking.  

 “While 2022 was a very strong and dynamic year for us, we are excited to have yet again exceeded our growth during the first half of this year. With travel volumes being back to pre-pandemic levels, we are actively catering to our customer demand by expanding our operations, offering more innovative travel products and entering new markets. So far in 2023 we have launched direct ticketing services across two of our leading markets in Europe and Asia, making affordable travel even more accessible to people around the globe. The first six months of the year have already allowed us to reach our goals that were set last year, and we are maximizing our performance to ensure an even better travel experience and reach new heights by the end of this year,” Peter Vazan, EVP of Industry Relations at Trevolution Group commented.  

Trevolution Group incorporates the travel businesses of the Dyninno Group of companies, which provides products and services in the finance, travel, and entertainment sectors. Trevolution Group has established itself as the market leader in the travel business, specializing in the visiting friends and relatives segment. Over 730,000 airline tickets and vacation packages were sold by Trevolution Group in 2022, which makes it the fifth-largest travel consolidator in the US.

For further details, please contact pr@dyninno.com.

New Appointment of Trevolution Vice President and CEO of Dreampass

Following the product development strategy, Trevolution Group, the global market leader in the travel business, has announced an esteemed international executive to join the company’s multinational team. Roman Zilberman has been appointed the Vice President of Trevolution and CEO of Dreampass, a forthcoming mobile product developed to consolidate the entire portfolio of the group, including its largest global brands Asaptickets and Skyluxtravel. 

The upcoming mobile application is set to consolidate the group’s travel and fintech products, as well as provide a number of third-party services. Scheduled for release by the end of 2023, the application is designed to unify and streamline a comprehensive range of travel-related products and services for the group’s customers. From purchasing flight tickets to renting cars, accessing personal concierge services, and initiating third-party offerings, the application will serve as a centralized platform for all their travel needs. By consolidating all of these features, Trevolution Group aims to enhance the convenience and provide a seamless experience for its customers across the globe. 

“The development of new product and a new appointment marks a significant milestone for us in our quest for innovation and customer-centric solutions. With his strategic expertise and innovative mindset, Roman will play a crucial role in shaping the future of travel experiences for our customers around the globe,” says Alex Weinstein, a Chairman and Founder of Dyninno Group of Companies, President of Trevolution. 

In his role as Vice President of Trevolution Group and CEO of DreamPass, Roman Zilberman will play a pivotal part in the development of the innovative DreamPass application, as well as drive sales of travel, financial, and other products within the Trevolution ecosystem. His extensive expertise in strategy, private equity, and investment banking, combined with a strategic vision, will significantly contribute to the growth and success of the company.  

Zilberman brings a remarkable background in finance and consulting to his new position. Prior to joining Trevolution Group, he held key roles such as Chief Strategy Officer and Vice President at a leading financial group in Eastern Europe from 2020 to 2023, where he served on the board of prominent insurance companies and banks. Before that, Roman spent over seven years (2012–2020) at McKinsey & Company as an Associate Principal, where he earned accolades for his invaluable contributions and strategic guidance to financial institutions across CIS and South Africa.  

_ 

Trevolution Group incorporates the travel businesses of the Dyninno Group of companies, which provides products and services in the finance, travel, and entertainment sectors. Trevolution Group has established itself as the market leader in the travel business, specializing in the ‘visiting friends and relatives’ segment. Over 730,000 unique airline tickets and vacation packages were sold by the companies under the Trevolution Group brand in 2022, making it the fifth-largest travel consolidator in the US.  

For further details, please contact pr@dyninno.com. 

 

Asaptickets Awarded as the Best Travel Agency of 2023 

Asaptickets, part of the Trevolution Group, has been recognized as the Best Travel Agency of 2023 by the International Travel Awards. This recognition underscores Asaptickets’ outstanding performance and leadership in the global tourism industry, solidifying its position as a market leader.

Since its establishment in 2001, Asaptickets has emerged as the go-to solution for travelers seeking cost savings on flights and vacation packages while receiving top-notch customer service. Specializing in the visiting friends and relatives (VFR) segment, the company has become a prominent player in the travel business. In 2022 alone, Asaptickets served over 3,500,000 airline customers, making it the fifth-largest travel consolidator in the US market. Notably, the company achieved record-breaking results by surpassing pre-pandemic levels by 37% in the same year.

Continuing its commitment to excellence, Asaptickets expanded its operations to the Philippines and the UK earlier this year, further solidifying its position as a leading and cost-effective choice for budget-class travelers. The company offers seamless routing and airline combinations, not only within the US but also globally.

The recognition from The International Travel Awards is a significant milestone for Asaptickets. This renowned industry award honors businesses in the travel, tourism, and hospitality sectors from over 70 countries. Each year, thousands of businesses vie for these prestigious awards, but only a select few earn the title of the best travel establishments as determined by professional judges. Hosted and managed by Golden Tree Events Organizing and Managing in Dubai, UAE, the Awards celebrate excellence across various aspects of the travel industry, including hotels, tourism boards, attractions, and travel companies.

In 2023, the Awards took place for the fifth time, with competition in the saturated tourism segment reaching new heights.

Trevolution Group Launches Dreamport Platform to Empower Travel Entrepreneurs Worldwide 

Dubai, UAE Trevolution Group, which operates Asaptickets, Skyluxtravel,  International Travel Network, and other global travel brands, announces a new product launch. Dreamport.me is an online platform that aggregates Independent Travel Managers globally. The platform is meant to work as a tool that enables anyone, regardless of location to be trained and contracted as an Independent Travel Manager. This innovative platform is set to transform the travel industry by offering a unique opportunity for aspiring individuals to get expertise and earn while servicing travelers fully remotely in the travel industry. 

Dreamport offers an all-inclusive free training program to individuals, including inexperienced ones, covering a range of topics such as marketing, sales, customer service, travel industry standards, and tools. Additionally, the platform provides customer leads to its travel managers to initiate sales. The platform offers a user-friendly interface that guides through the process of creating and managing a travel business. Through Dreamport.me, users receive travel requests from other Trevolution travel services such as Asaptickets and Skyluxtravel and earn a commission on each sale. Dreamport’s commission structure is highly competitive, enabling users to earn a substantial profit while performing services from home or anywhere in the world.  

“Most of the C-level executives in our company, including myself, started our careers as travel agents. There are so many energetic and creative people, who are looking for opportunities – and we want to create this chance for them to develop and do more, become more. Having been in the travel industry for almost 20 years, our business believes in the power of giving back to society, as it not only improves the lives of those with limited earning opportunities but also reinforces our commitment to being a socially responsible entity that strives to make a positive impact on the world,” says Alex Weinstein, the Founder of the Group. “That is why we invite individuals to unlock their potential and open the door to their dreams; hence the name – Dream (a cherished aspiration) + Port (from an airport, from Puerto –  door). We want our clients to be served by people who are just as passionate, and who take pleasure in what they do.”   

To leverage the boundless potential of the digital world and connect with a global audience without being bound by geographical limitations, Dreamport is a 100% online platform. It offers travel managers independence, mobility, and options for a flexible schedule while building a career in the travel industry. The key requirements for the platform application are a good level of English and a stable internet connection. No previous industry experience or education is required, as world-class training is provided to teach skills and knowledge in sales, communication, active listening, business acumen, discovery, curiosity, and collaboration. The main responsibilities of a travel manager include providing customers with information on travel routes and offering airfare tickets, as well as auxiliary travel products. 

Dreamport is now accepting applications for its Independent Travel Manager program. Interested individuals from across the world are invited to visit the Dreamport website to learn more about the program and sign up for free. For more information, please visit https://www.dreamport.me/