Iberian Escapes Achieves Outstanding Revenue and Profit Growth, Expands Services, and Showcases Strong Financial Position
QUARTEIRA, Portugal (PRWEB) June 21, 2023 -- Iberian Escapes (APCS Lda), a premier inbound Travel Agency specializing in mid to high-end tourism experiences in Spain and Portugal, proudly announces remarkable financial success and strategic expansions in its services, underscoring its position as a leading player in the industry.
In 2022, Iberian Escapes achieved extraordinary results with a gross income surpassing €1.22 million. The company's net profit, after all deductions, reached an impressive €106,559, a significant increase compared to the previous year's €3,872, which was heavily impacted by the challenges posed by the Covid-19 pandemic.
The momentum has continued into 2023, with gross revenue for the period ending in May estimated at approximately €518,000, compared to €278,000 during the same period in 2022. Both the Tailor-Made Vacations and Vacation Rentals divisions contributed to this growth, showcasing Iberian Escapes' ability to capture market demand and deliver exceptional experiences to its customers.
Building upon its success, Iberian Escapes is excited to announce its plans for expanding its tailor-made vacations to include France and Morocco by the end of the year. This strategic move allows the company to offer a wider range of unique and curated experiences in these sought-after destinations, catering to the diverse preferences of discerning travelers.
In the Vacation Rentals division, Iberian Escapes will begin managing three apartments in the Lisbon region in early Q3 2023, as part of its ongoing effort to increase the number of properties under management. This expansion reinforces the company's commitment to providing exceptional accommodation options and further establishes its presence in the vacation rental market.
Notably, Iberian Escapes maintains a debt-free status, reflecting its sound financial management practices and long-term stability. Additionally, the company owns the freehold of its office, which was recently revalued in December 2022 at a value of €233,000, solidifying its assets and contributing to its strong financial position.
Furthermore, Iberian Escapes has experienced a rapid increase in website traffic, signaling growing interest and engagement among travelers. In 2021, the company recorded 315,110 sessions on its website, which grew
substantially to 754,746 sessions in 2022, representing a remarkable percentage increase. The positive trend continues in 2023, with the number of sessions opened in the first five months reaching 598,977, compared to 214,796 during the same period in 2022. The company now consistently receives over 150,000 sessions per month, according to data sourced from Google Analytics. This growth can be attributed to Iberian Escapes' ongoing investment in content marketing, which has successfully attracted and captivated a larger audience.
"We are thrilled to announce our exceptional financial growth, strategic expansions, and strong financial position," said Steven Vigor, CEO and Founder. "Our increased revenue and profits demonstrate our commitment to delivering outstanding travel experiences, while our debt-free status and ownership of the office signify our stability and long-term vision. We are excited about our upcoming expansions into France and Morocco and our continued investment in content marketing to engage and serve our valued customers."
As Iberian Escapes continues to innovate and cater to the evolving needs of travelers, the company remains dedicated to providing exceptional services, fostering financial strength, and delivering unforgettable bespoke journeys across Spain, Portugal, France, and Morocco.
About Iberian Escapes (APCS Lda): Iberian Escapes is a leading inbound Travel Agency based in Spain and Portugal, specializing in mid to high-end tourism experiences. With a passionate team of professionals, the company offers tailor-made vacations, vacation rentals, and exceptional customer service to discerning travelers seeking unforgettable experiences.
For media inquiries, please contact: Steven Vigor, CEO, Iberian Escapes. [email protected]
Steven Vigor, APCS Lda, https://www.iberian-escapes.com, 351 289009580, [email protected]
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