User:Kārlis Pots/sandbox/Trevolution Group

Kārlis Pots/sandbox/Trevolution Group
Industry	Travel
Founded	2004 in San Francisco, California, USA
Founder	Alex Weinstein
Key people	Alex Weinstein (Founder); Genadij Pugachov (Chief Operational Officer); Peter Vazan (Executive Vice President of Industry Relations);
Brands	ASAP Tickets; Skylux Travel; International Travel Network; Oojo; Vagamo; Triplicity; Dreamport;
Operating income	US$1,174,000,000 (2023); US$930,000,000 (2022);
Number of employees	4,500 employees and freelancers
Parent	Dyninno Group
Website	https://trevolution.group

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Trevolution Group is a global travel services company specializing in the sale of air tickets, travel services, and ancillary products. With over 840,000 unique airline tickets and vacation packages sold by the companies under the Trevolution Group brand in 2023, it is the fourth-largest airline ticket consolidator in the US. Trevolution Group operates as part of the broader Dyninno Group, a conglomerate involved in various sectors including travel, finance, and entertainment.

History

Trevolution Group traces its roots back to 2004, when it was established under the Dyninno Group umbrella. Initially named Dyninno Travel and focused on the North American market, the group quickly grew to serve a global customer base. Over the years, Trevolution expanded its ventures and services, continuously incorporating new technology to streamline travel bookings and offer a wide range of ancillary services, such as lost baggage protection and price drop assurance.

Milestones

Trevolution’s success is marked by its ability to grow steadily and adapt to evolving industry trends. Key milestones include:

2002: ASAPtickets.com began selling tickets, marking Trevolution Group's entry into the travel industry.
2005: ASAP Tickets expanded internationally with the opening of its first agent training center and IT development office in Europe.
2012: Opened an agent office in Cebu City, the Philippines.
2013: Launched Skylux Travel, expanding the group's offerings for premium travel experiences.
2017: Opened a travel office in Bogota, Colombia, further expanding operations in Latin America.
2019: Began operations in Manila, the Philippines.
2019: Launched travel operations in Cairo, Egypt.
2019: Opened a travel agent center in New Delhi (Gurugram), India.
2020: International Travel Network started selling domestic flights in the USA.
2020: Established a travel office in Romania.
2021: Achieved $480 million in gross bookings.
2022: Reached $930 million in gross bookings.
2022: Began travel operations in Uzbekistan for Asaptickets.com and Skyluxtravel.com.
2022: Opened a second office in Moldova.
2022: Dyninno Travel restructured and rebranded as Trevolution Group.
- 2023:
  - Exceeded $1 billion in gross bookings, marking a significant financial milestone.
  - Introduced NDC aggregated air travel services, enhancing booking options for customers.
  - Began direct ticketing operations in the UK and the Philippines.
  - Opened new travel operations offices in Türkiye, the Netherlands, and Brazil.
- 2024:
  - Launched Vagamo, a new travel platform offering flexible online booking combined with expert support.
  - Rolled out Dreampass, a travel app available on the App Store and Google Play.
  - Introduced Dreampass Plus, a subscription membership feature within the Dreampass app.
2024: In the first half of the year, Trevolution reports $639 million in airfare sales, reflecting a growing demand for international travel and its continued growth trajectory.

Operations and Services

Trevolution Group offers a comprehensive range of travel-related services through its various brands and subsidiaries, including ASAP Tickets, International Travel Network (ITN), and SkyLuxTravel. The company specializes in providing airfare solutions, often leveraging proprietary technology to offer competitive pricing and personalized customer service.

In addition to airfares, Trevolution offers a suite of ancillary services that enhance the overall travel experience. These include:

Lost baggage protection: Covering travelers in case of lost or delayed baggage.
Price drop assurance: Offering refunds or credits to travelers when ticket prices drop after purchase.
VIP travel services: Aimed at providing premium, personalized travel experiences for high-end customers.

Trevolution’s core mission is to provide seamless and affordable travel solutions, supported by strong customer service and an innovative technology-driven approach.

Impact

Trevolution Group has had a significant impact on the travel industry, particularly in the United States, where it is one of the top consolidators of airline tickets. The company’s business model, which combines traditional travel agency services with modern technological tools, has allowed it to serve a diverse customer base ranging from budget travelers to corporate clients.

Its partnerships with over 60 global airlines have enabled Trevolution to offer a wide array of flight options to its customers. Through these strategic relationships, the company can secure competitive pricing, helping travelers save on both domestic and international airfares.

Trevolution Group’s influence extends beyond its core operations. It has introduced a range of services that simplify the travel process for millions of customers each year, contributing to the democratization of air travel by making it more accessible and affordable.

References

External links

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