Maintains its position leading the fast-growing segment
European tech travel company, Lastminute.com, has announced its unaudited results for the first half of 2024, sharing that its core product continues to grow year on year.
Dynamic Holiday Packages by lastminute.com has maintained its position as the lead of the fastest-growing segment of the European travel market.
According to the results, for the period from January to June 2024 Dynamic Packages achieved €823.2 million in Gross Travel Value (GTV), up 3% on the same period in 2023; €99.8 million in revenues, an increase of 16% year on year, and €45.3 million in Gross Profit – an uptick of 25% compared to H1 in 2023.
In a bid to continue to grow, lastminute.com.au continues to invest in its core product by entering new markets including Iceland, Mexico and Chile, further enhancing the product with new services and features.
This includes experiences, deferred payments and insurance protection, all designed to provide travellers with a more personalised, flexible travel option.
CEO of lastminute.com, Luca Concone, said of the results: “The results of the first half of 2024 confirm our strategic decision to focus on our core product.
“Although we experienced a slower start to 2024, we expect to improve our performance
in the second half of the year, bolstered by the implementation of our strategic actions, the summer peak period and the effects of our new Ryanair partnership.”
