2GO ties up with

The Philippines’ largest shipping logistics company, 2GO Travel, has teamed up with the largest online ferry ticket distribution network in the world in a bid to expand its international market.

2GO Travel vice president Stephen Tagud said the partnership with would broaden the ticket distribution of 2GO Travel and open the Philippines to a broader international market. The partnership is expected to make the booking of cruise tickets in and around the Philippines easier.

“This unprecedented partnership shows that Philippine sea travel has a bright future and is truly world class,” Tagud said., owned and operated by Travel Gateway Ltd., which promotes the services of 140 of the top ferry companies in Europe, North America, Japan, Korea, Australia, New Zealand and the Philippines, offering 1,800 routes throughout the world and receiving 4,000 bookings daily.

It has 3.5 million direct costumers and more than 9,000 affiliates agents worldwide. Bookings can also be easily placed and accessed with the their first multi-ferry IPhone app.

“We are honored to be announcing our association with 2GO Travel, the foremost ferry operator in The Philippines,” Dermot Cairns, vice president  Asia Pacific for The Travel Gateway Ltd., said.

2GO Travel offers corporate and leisure travel, package tours, and special events, as well as maritime and hotel and food services training.

Its parent company, 2GO Group Inc., reported a net income of P854.44 million in the first six months of the year from P568.97 million year-on-year.

Total consolidated revenues increased 22 percent to P8.55 billion from P7 billion in the same period last year.

Freight revenues jumped 19 percent to P1.81 billion, mainly due to higher volume arising from more round trips and optimized routing initiatives.

The passage business expanded 14 percent in terms of revenues to P2.13 billion as the group continues to innovate and improve service offerings.

2Go Travel continues to ride high with the improving domestic tourism industry that has a positive impact on the volume of sea travelers.

With the rapid expansion of the group’s non-shipping businesses, the revenue mix has further shifted to 54 percent non-shipping and 46 percent shipping.

Topics: 2GO ,
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