Kuoni Group is a leading service provider to the global travel industry and governments
About Kuoni Group
Kuoni Group (Zurich Stock Exchange SIX: KUNN) is a leading service provider to the global travel industry and governments with leading positions in its areas of activity and sustainable growth prospects, with a strong focus on Asia. Kuoni Group generated turnover of CHF 3.35 billion in the 2015 financial year and employed about 8,000 people (FTE) at the end of 2015.
Kuoni Group focuses on three core activities:
Global Travel Distribution (GTD) is an industry pioneer and a highly experienced, leading global distributor that provides travel companies with easy access to hotel accommodation and destination services. It sells approximately 40,000 room nights per day online. And approximately 40% of its turnover is sourced from fast-growing markets in Asia, the Middle East and Africa.
Global Travel Services (GTS) sources and coordinates destination services – from accommodation, transportation, tours and activities to venues and event management. GTS is the number one player in the growing group travel market and handles 50,000 leisure tours per year. GTS generates 60% of its turnover from Asia/Pacific source markets.
VFS Global, the industry pioneer is the world’s largest outsourcing and technology services specialist for governments and diplomatic missions. VFS Global works for 50 client governments, operates 2,151 application centres in 124 countries and holds an estimated 48% market share of the global outsourced applications market. It generates more than 70% of its turnover from applicants from the Asia/Pacific region.