Posting its full-year financials on Tuesday (18 June), the consortium reveals its pre-tax net profit for the 12 months to the end of September 2023 had increased to £1.2 million, up from £619,815 year earlier.
Global sales turnover, meanwhile, increased by almost 20% from £12.5 billion at the end of its 2022 financial year to £15.6 billion. Advantage said the uptick was mainly driven by a "buoyant" UK outbound travel market, with British members delivering £7.6 billion in turnover – £5.7 billion from business travel and £1.9 billion from leisure.
