Travelzest  

STRATEGY & OBJECTIVES

 

Travelzest’s strategy is to develop
a unified travel Group that shares ideas, resources, and a high level of service
to further the experience we provide
to our customers

Vision

To be a highly profitable, sustainable high-growth travel group offering travellers the best available online and offline travel retail service and a range of specialized holiday experiences.

Markets

We are focused on consumer markets that have high outbound travel patterns and stable economies, and travel programs to destinations that allow for improved margins and the potential for integrated tour operating activities.

Priorities for 2009-2010
  • Cross - selling of unique tour operating product through existing distribution channels.
  • Complete the implementation of new innovative marketing and advertising capabilities in all our retail consumer offerings.
  • Launch of new retail offerings to the UK market that promotes all Travelzest's tour operating products.
  • Continue to inmprove systems and operations in all offices.
  • Implementation of centralized corporate policies and controls.

Strategy

We are focused primarily on developing our consumer offerings, capturing more market share, and building stronger more active customer databases.
We continue to leverage our unique and innovative advertising and marketing capabilities across the Group, while at the same time, reviewing new opportunities to manage the travel experience of our customers through integrated low-risk tour operations to various destinations. We continue to build our customers’ awareness of the Travelzest Experience and our dedication to providing a unique holiday with the highest level of service.
Travelzest’s strategy is to develop a unified travel Group that shares ideas, resources, and a high level of service to further the experience we provide to our customers.

Key Objectives:
  • Strengthen revenue streams by growing market-share in retail operations through superior marketing and distribution.
  • Develop strong retail brands with specialist tour operator sub-brands that focus on the high-growth sectors or destinations.
  • Leverage the unique capabilities of Travelzest’s online and offline distribution channels and their inherent strengths.
  • Rapidly improve the operational process of each business unit to be more efficient and more scalable.
  • Utilize centrally managed shared services and systems to eliminate duplication of tasks and resources, develop more unified systems and more scalable operations.
  • Adhere to the highest levels of corporate governance through centrally managed policies and internal audit practices.
Looking Forward
We see numerous opportunities to expand our retail and tour operations, and we continue to review new strategies to grow the business globally.

Summary

Travelzest continues to identify new opportunities for improving our existing operations and developing more sustainable revenue streams and ultimately improved earnings.
Our focus is on increasing our market share in the United Kingdom, Canada, and USA through unique retail offerings. We also will improve our tour operations to provide a more cohesive offering to our customers. We continue to maintain a low risk, scalable business model within the products we offer and the operations we run.

We see further opportunities for Travelzest to expand its consumer base to new markets, as well as review new destinations and products that will enhance our tour operating programs.
Travelzest has also implemented a Group-wide corporate governance policy that encompasses, among other items, centralized treasury management, expense and contract controls, and HR management.