Pre-tax profits at Club Travel rise by 13.7% to €3.9m

Pre-tax profits at the largest travel agency in the country, Club Travel last year increased by 13.7% to €3.9m.

Boosted by the purchase of the Budget Travel brand, revenues at Club Travel increased by 9.4% from €77.1m to €84.4m in the 12 months to Oct 31, 2011.

Liam Lonergan, managing director and owner of Club Travel, said yesterday: “It is a challenging environment out there and the industry continues to be very demanding, but we are relatively pleased having done reasonably well last year.