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Media : Travel Professionals International

TPI Releases Strong 6-Month Financial Results
02/14/2012 - Travel Professionals International

WINNIPEG, CANADA – Travel Professionals International (TPI), Canada’s largest network of independent travel consultants, today releases its 6-month financial results for the period ended 31 January 2012, showcasing double-digit year-over-year growth in travel sales and consultant service fees.

The privately-held company experienced a 22% increase in total travel sales revenue with ITC sales in particular showing the group’s largest product increase at 26% – a change from the previous year’s trend that saw dynamic packaging and FIT travel achieving the largest product increases.

Service fees related to travel sales increased 27%, driven by TPI’s independent travel consultants receiving an average of 7% more in service fees per booking for the value-added services they provide to their clients.

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Since its founding in 1994 by Morris Chia, Travel Professionals International (TPI) has been the premier provider of outsourced travel solutions to independent travel consultants and agencies. Backed by a head office support team of over forty highly skilled travel professionals, innovative technological solutions, and excellent supplier relationships, over 800 TPI Associates are available to provide full-service travel solutions to leisure and corporate travelers. More information is available at www.tpi.ca and www.tpiworldwide.com. TPI - We'll Take You There

TPI is a member of the I.A.S. - Independent Agency Services Corp. group of companies. www.iascorp.ca

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Contact: Tim Morgan, Director, Corporate Development, I.A.S. - Independent Agency Services Corp.
Tel: 1-204-987-3336 Fax: 1-204-987-3338 E-Mail: tmorgan@iascorp.ca