Wow. Don't know what the analysts think of the latest Flight Centre result but it looks pretty good to me with a record before tax profit of almost $120m for the six months to December 31, 2011. The travel retail powerhouse is trading 20%-22% ahead of the same period last year after seven months and is now looking at an increase in full year profit of between 10% to 18%.
An interesting fact running counter to the general economy: Flight Centre's sales staff numbers increased 8% to 11,866 while shop numbers grew to 2313. "At December 31, 80% of FLT's 14,840 people were in sales roles," the company said. It recorded profits in 9 of its 10 regions with the strongest growth coming from Australia, UK, Dubai and Canada. Losses in the US were cut by half to $3.3m.
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Events
Bookings Open: No Vacancy SEA
- Where: Bangkok
- When: June 26, 2012
- Program: Click Here
- Bookings: A$399 Early Bird
Book now for No Vacancy Southeast Asia at the Banyan Tree Bangkok.
The program is shaping up really well with some great speakers from Thailand, Singapore, Indonesia, Malaysia, Hong Kong, United States and Australia already confirmed.
There's a focus on web, distribution, innovation, revenue management, sales, digital marketing and technology - no fluff, just the facts. Speakers include:
- Bill Barnett, Managing Director, C9 Hotelworks
- Bill Black, President, SilverNeedle Hospitality
- Scott Blume, Group CEO, PT Raja Kumar International
- Ben Emery, Director of Revenue Strategy, Southeast Asia, Marriott International
- Mark Flower, Director of Commercial - Southeast Asia, IHG
- Timothy Hansing, CEO, Red Planet Hotels
- Craig Hewett, Co-Founder, Wego.com
- Sonia Kapoor, Director, Nielsen
- Markus Keller, Regional Director of Sales & Distribution - Asia Pacific, Accor
- John Koldowski, Special Advisor - Strategic Intelligence Centre, PATA
- Dan Lynn, CEO, AirAsia Expedia
- David Perry, General Manager, Gran Melia Jakarta
- Robert Rosenstein, President, Agoda
- Jagdish Sandhu, Director, Revenue Management & Distribution, Banyan Tree Hotels and Resorts
- Sen Sun-Moon, Director, Horwath HTL
- Jessica Tham, Corporate Director - Yield Management, Berjaya Hotels & Resorts
- Jerome Wise, Vice President – Global Internet Marketing Services, TravelClick
- Michelle Wohl, Vice President Marketing, Reinvate
Sponsor support has been great so far, adding depth and credibility to what will be a great day.
Please get in touch with Martin Kelly if you want to speak, sponsor or contribute in any way. Further details will be posted soon.
Sydney, September 7, 2012
DISTRIBUTION: THE NEXT WAVE
The signs are all good for TRAVELtech 2012.
Lots of early interest, loads of great discussion points and some excellent speakers already confirmed.
Still trawling for ideas, though, so if you have any, please send them through to conference director Martin Kelly.
Same with sponsorship requests.
The program will be announced in early June.
Meanwhile, view photographs from TRAVELtech 2011.
You can also this link to see great 360 degree panorama shots of the conference from Panedia.
TRAVELtech is Australia's original web travel, marketing and distribution event.
It features a compelling program, great speakers and fantastic networking.
See you there!
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