Spanish online travel booking company, eDreams ODIGEO, turned to profit in 2023, full recovery from three years of losses caused by pandemic-related restrictions. The firm reported a net profit of 32.4 million euros ($34.96 million), compared to a loss of 43.3 million euros the previous year. The company’s subscription programme, which charges an annual fee of about 55 euros for access to lower fares, was the main driver of profits. eDreams experienced an increase in its subscriber base, from 5.8 million in 2023, representing a 34% rise from the previous year. The company anticipates meeting its targets of 180 million euros in core earnings and 7.25 million subscribers.
Sail Through Time: Discover the Timeless Wonders of Upper Egypt Aboard Kenzy Dahabeya
Experience the magic of the Nile aboard Kenzy Dahabeya, a luxury boutique sailing cruise that offers an unforgettable journey between...
Read moreDetails
