Marshal Turism eyes 10% growth

Ziarul Financiar 04.02.2004

Travel agency Marshal Turism logged 5% turnover growth in 2003, up to more than $15m, and envisions at least 10% growth this year, said Ion Antonescu, chairman of the agency. This would account for turnover up to some $16.5m. Nonetheless, turnover actually dropped 13% in euros in 2003. "The outgoing segment was last year's best-performer, as sales went up 100%. We expect this segment to continue growing this year, too," Antonescu said. Marshal's revenues from the ticketing activity went down last year. "Ticketing accounted for 45% of the total revenues, outgoing was 25%, incoming - 15%, while the rest of revenues, which came from domestic tourism, represented 15%, Antonescu added. ZF