October 01, 2014 11:28 PM ET

Hotels, Restaurants and Leisure

Company Overview of Tourico Holidays, Inc.

Company Overview

Tourico Holidays, Inc. operates as a travel distributor. The company provides online access to cruise lines, flights, and hotels in North America, Europe, Asia, Latin America, and the Middle East. It also offers host-to-host connection; a Web site solution that helps in bringing the client’s travel business online; and Jetbuzz, an automatic deal alert software, which helps clients in receiving and distributing hotel deals to their customers. Tourico Holidays, Inc. was incorporated in 1994 and is based in Altamonte Springs, Florida. It has product procurement teams in Orlando, New York, Las Vegas, Rome, Paris, London, Buenos Aires, Curitiba, Tokyo, Tel Aviv, Dubai, Taipei, Chengdu, and Sydney...

220 East Central Parkway

Suite 4000

Altamonte Springs, FL 32701

United States

Founded in 1994

Phone:

407-667-8700

Fax:

407-667-8850

Key Executives for Tourico Holidays, Inc.

Tourico Holidays, Inc. does not have any Key Executives recorded.

Tourico Holidays, Inc. Key Developments

Tourico Holidays Announces Earnings Results for the First Quarter of 2014

Tourico Holidays announced earnings results for the first quarter of 2014. The company reported financial results for its first quarter of 2014, highlighted by a 79% increase in year-over-year earnings. The company cited a sharp increase in demand from its hotels business including a 29% surge in hotel bookings and a 25% rise in room nights as contributing factors to its 27% top line revenue growth. The company also noted key investments made in its distribution technology and in its international sales and group sales teams as primary drivers of its early 2014 growth.

Tourico Holidays, Inc. Expands its Direct Connect Network of Branded Hotels

Tourico Holidays, Inc. announced that it is has expanded its network of Direct Connect hotel partners to over 13 branded chains covering more than 125 countries. Newly added and expanded partners such as IHG(R) (InterContinental Hotels Group), Wyndham Hotel Group and Choice Hotels International(R) will now join existing Direct Connect partners, including Hilton Worldwide, Best Western(R), Caesars Entertainment(R), Sandals and more. As a result of Tourico Holidays' aggressive Direct Connect initiative, its travel distribution clients now have access to real-time pricing and booking data for branded hotel products around the world. Clients now also have greater visibility into last-minute availability as well as flash-sale pricing and other promotions. The entire Tourico Holidays hotel inventory -- including the newest partner data -- can be accessed through the company's current booking channels, including www.Touricoholidays.com and Host-to-Host XML connectivity. Tourico Holidays can also provide custom distribution solutions for travel technology companies, including a while-label solution that conveniently hosts its entire travel inventory.

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