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Dnata’s travel division sees 55% rebound in revenue

Operators
Rob Gill
10 November 2021

Dnata’s travel division has seen a recovery in sales over the past six months with revenue rising by 55% as holiday bookings rebounded.

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The division, which includes UK brands such as Gold Medal, Travel Republic and Travelbag, saw revenue rise to $40 million in the six months to the end of September, compared with $26 million during the same period last year.

The total transactional value (TTV) of dnata’s bookings reached $198 million during the period - up from a loss of $67 million last year. This loss in 2020 was caused by “significant volumes of refunds and pay-out in cancelled customer bookings” at the start of the pandemic.