2023 sales: $1.2 billion
Previous ranking: Unranked
Employees: 4,500 full-time, 2,000 part-time
919 N. Market St., Suite 725
Wilmington, DE 19801
Email: d.lei@trevolution.group
Website Executives
FOUNDER/PRESIDENT: Alex Weinstein
EVP, INDUSTRY RELATIONS: Peter Vazan
MANAGING DIRECTOR, INDUSTRY RELATIONS: Gerard McEvoy
COMPANY FACTS
* Privately held company.
* Sells flight tickets and in-flight extras directly to private and corporate customers.
* Works with 700 independent contractors.
* $102.2 million in gross bookings by hosted agents.
* Sales: 30% leisure; 20% business; 50% other (visiting friends and relatives segment).
* Part of the Dyninno Group.
2023 DEVELOPMENTS
* Launched direct ticketing operations in the Philippines, which quickly became the company's top-performing region in both traditional leisure tourism and VFR segments. Outbound sales increased 60% in this emerging market.
* Gross bookings increased 26% from the previous year.
* Teamed with NDC aggregator AirGateway to provide customers with more flight options and to offer access to customized real-time travel content of more than 15 global airlines, including carriers such as Lufthansa Group, United Airlines and Emirates.
* Launched Dreamport, an online learning management system to share its expertise with independent travel managers. The effort "helps us to improve the lives of those with limited earning opportunities and reinforces our commitment to being a socially responsible entity that strives to make a positive impact on the world today and tomorrow."
* Received the Green Partnership Certificate from long-term industry partner Lufthansa Group for the company's commitment to more sustainable aviation. Company was one of the first U.S.-based consolidators to purchase sustainable aviation fuel and integrate it into its internal policy to offset the CO2 levels, reduce emissions by up to 80% and offer more sustainable flying options.
LOOKING AHEAD
* Launching a B2B service.
* Launching Dreampass, a mobile app to consolidate the group's entire product portfolio, including ASAP Tickets and Skylux Travel.
* Expects continuous expansion into new global markets to reach new gross revenue milestones while implementing innovative initiatives, product launches and long-term industry partnerships.