Travel firm posts record-high sales in 2024

CEBU, Philippines — Global travel company Trevolution Group has announced record-breaking results for 2024, driven by surging travel demand from the Philippines.

The company sold over 163,520 airline tickets for flights to and from the country, covering business travel, leisure tourism, and the growing Visiting Friends and Relatives (VFR) segment.

These sales contributed more than US$212.7 million in gross bookings, representing 17.73 percent of Trevolution’s total revenue, which exceeded US$1.2 billion for the year.

The total number of tickets issued for Philippine routes increased by 7.86 percent from 2023, with outbound travel surging by 35.36 percent. Economy class accounted for 98.2 percent of all bookings, reflecting a 7.83 percent increase in demand. One-way ticket purchases rose by 31.84 percent, making up 20.81 percent of total sales.

Manila remained the primary gateway, welcoming over 75 percent of foreign arrivals. Transpacific travel demand from the Philippines grew by 3.1 percent, with the United States and Canada emerging as the top source markets. Philippine Airlines, EVA Air, and China Airlines were the most preferred carriers for travel to and from the country.

A growing preference for shorter, more frequent international trips was also evident, with the average length of stay for Filipino travelers decreasing from 50 days in 2023 to 36 days in 2024.

Additionally, last-minute bookings increased, with 10.8 percent of inbound flights purchased within 10 days of departure, reflecting renewed confidence in travel flexibility.

Outbound travel from the Philippines saw the most significant expansion, growing by over 35 percent. This trend highlights the country’s economic progress and evolving travel behaviors, including greater demand for adventure, cultural experiences, and quick getaways.

“Travel demand to and from the Philippines underscores the country’s economic resilience and shifting traveler preferences. Infrastructure enhancements, strategic partnerships, and initiatives like the Thailand-Philippines cooperation are set to propel the tourism sector forward. With outbound travel surging and last-minute bookings rising, we see a shift toward more dynamic travel patterns,” said Alex Weinstein, founder of Dyninno Group, which operates Trevolution Group.

Dyninno Philippines, based in Cebu, handles the travel business arm of the Dyninno Group of Companies, known as the Trevolution Group, which employs over a thousand employees at its Cebu site.

Trevolution Group, which owns brands such as ASAP Tickets, Skylux Travel, Triplicity, Vagamo, Dreamport, and Oojo, remains a leader in both leisure and corporate travel.

In 2024, the company sold over 980,090 airline tickets and vacation packages, further strengthening its position as a key player in the global travel industry.