Latest news with #AlexWeinstein
Skift
6 days ago
- Business
- Skift
Indian Travelers Upgrade to Premium Despite Fewer Trips
Travel disruptions due to unforeseen events may have led to fewer bookings among Indians, but they are making up for it by spending more for the premium experience of travel. The demand for premium travel to and from India is increasing, according to data shared by travel brand Trevolution Group. The company noted that despite lower volumes on outbound booking from India in the first half of 2025, its gross total bookings reached $68.36 million, up 6% from last year. This increase, it said, was driven primarily by higher spending and a greater share of premium-class purchases. 'The demand for business class bookings increased by 27.12%, while economy class demand saw a modest 0.78% rise, reinforcing the trend toward value-added, premium travel options,' the company said in a statement. For outbound travel from India, business class travel surged by 17.6%, 'pointing to a higher concentration of corporate and high-net-worth travelers.' 'We are now seeing more deliberate, higher-value travel to and from India, especially in business class,' said Alex Weinstein, the founder of Dyninno Group of Companies. 'The demand for trip protection and comfort is growing, as well as the demand for secondary hubs. This shows the evolving mindset of the Indian traveler.' The Inbound Travel Story: The overall surge in gross total bookings, however, was driven by inbound travel – which increased from $50.29 million to $56.10 million. According to Trevolution, this showed 'rising consumer spending and sustained interest in long-haul and purpose-driven travel to India.' It's worth noting here that expat Indians visiting friends and relatives form 20% of the numbers for inbound. The group issued over 39,000 airline tickets to India in the first half of 2025. This was a 4.21% increase over th
Travel Weekly
23-06-2025
- Business
- Travel Weekly
Trevolution Group
2024 sales: $1.24 billion Previous ranking: 20 Employees: 3,500 full-time, 1,000 part-time 1000 N. West St., Suite 1200 Wilmington, DE 19801 Phone: +371 120 655 702 Website $1.24 billion203,500 full-time, 1,000 part-time1000 N. West St., Suite 1200Wilmington, DE 19801Phone: +371 120 655 702 Executives FOUNDER: Alex Weinstein EVP, INDUSTRY RELATIONS: Peter Vazan MANAGING DIRECTOR, INDUSTRY RELATIONS: Gerard McEvoy EVP, OPERATIONS: Gennady Pugacho COMPANY FACTS * Privately held. * Alex Weinstein is the owner. * Trevolution Group is the travel division of Dyninno Group of Companies. * Operates brands such as ASAP Tickets, Skylux Travel, Triplicity, Vagamo, Dreamport and Oojo. * Sales: 34% business, 26% other online sales (the company does not collect purpose-of-travel data for online bookings completed without agent interaction), 20% VFR (visiting friends and relatives), 19% tours/leisure, 1% other. DEVELOPMENTS * Introduced Dreampass, an all-in-one app, and launched Dreampass Plus, a subscription membership feature within the app. * Launched Vagamo, a platform that combines flexible online booking with live agent support. * Introduced cryptocurrency payment option for flight bookings at Skylux Travel. * Expanded the business segment and entered new markets with the Triplicity brand. * Launched online travel agency in Germany. LOOKING AHEAD * Enhancing Dreampass and Dreampass Plus from just informational tools to comprehensive service platforms to include financial services such as money transfers and travel-related marketplaces. * Improving and expanding platforms such as Oojo and Vagamo (a hybrid travel platform), combining flexible online bookings with expert live support. * Integrating ancillary services to meet evolving client needs, which saw significant growth (247% increase in demand from 2023 to 2024). Because of an evolving shift in post-pandemic travel habits, clients are looking for more security and flexibility and are becoming more open to add-on purchases such as medical expense trip protection, priority disruption assistance, lost baggage protection and price drop protection. * Refining and developing AI technologies, including its in-house tool AI Olivia, resolving current challenges in unifying and structuring knowledge bases across business departments. Potential expansions include using AI for customer service enhancements, such as personalized trip recommendations and proactive client support. * Expecting accelerated market growth through platforms such as Oojo. * Cautiously optimistic about 2025 and anticipating a sustained increase in last-minute and flexible bookings. * Expecting strong growth in emerging markets, influenced by consistent increases in demand for destinations such as Saudi Arabia, Egypt, Thailand and Pakistan. * As the company slowly moves away from being predominantly focused on visiting-friends-and-relatives business, it expects to boost its share of leisure and business segments along with increased adoption and revenue from Dreampass Plus. * Its subscription model continues to gain traction among frequent travelers seeking additional convenience and exclusive benefits.
Travel Daily News
11-06-2025
- Business
- Travel Daily News
Trevolution Group launches real-time flight alerts feature
Trevolution Group adds real-time flight alerts to Dreampass app, enhancing travel convenience through Cirium-powered updates for stress-free journeys. Trevolution Group, the global group of companies managing travel brands such as ASAP Tickets, Skylux Travel, Oojo, Vagamo, Dreamport, and Triplicity, has announced the launch of an advanced new travel tool for Dreampass app members. As part of the all-in-one Dreampass travel membership plan, the Group is introducing a real-time flight alerts feature, providing travelers instant access to live updates – directly on their mobile devices – for smarter, stress-free travel. Developed in close collaboration with Cirium, the global leader in aviation analytics, the new feature is designed to eliminate travel uncertainty by delivering timely and reliable flight information. The addition of Cirium's Trips intelligence in the app enables users to monitor gate changes, delays, cancellations, terminal updates, baggage carousel assignments, and other real-time alerts. Now available to all Dreampass app members, it transforms how customers manage their travel – by giving them the essential information they need, exactly when they need it. 'This new feature is all about taking the stress out of air travel,' said Alex Weinstein, founder of Trevolution Group. 'By offering instant alerts on all flight-related updates through our trusted partner Cirium, we're putting powerful aviation intelligence directly into our customers' hands – so they can travel confidently, react faster, and adjust to any changes throughout their travel journey. It's convenience, clarity, and peace of mind, all in one.' Today, when more than 1.2 million U.S. flights were delayed and over 90,000 were cancelled in 2024 alone, real-time access to trip disruptions is not just helpful but also a vital tool for travelers worldwide. Summer 2025 air travel is expected to face even more significant disruptions, with U.S. flight delays already up 32% in Q1, having a significant impact on airline scheduling and passenger experiences. With the new launch, Trevolution Group tackles these challenges and demonstrates its commitment to innovation, customer care, and delivering meaningful travel solutions at a global scale. 'Collaborating with Trevolution Group and bringing Cirium Trips intelligence to Dreampass app users reinforces our shared commitment to enhancing the travel experience. By providing travelers with real-time updates, we are empowering them with the information they need for a seamless and stress-free journey. This collaboration demonstrates how advanced traveler analytics can transform travel, ensuring confidence and clarity every step of the way,' Rahul Oberai, Global Head of Sales at Cirium comments. The new-generation flight alert tool is now fully integrated into the Dreampass app. Once the user downloads the app and activates their membership, push notifications automatically provide live updates for their upcoming flights purchased through any of Trevolution Group's travel brands. All details are also stored in a personalized trip card inside the app – making key information easily accessible at each user's convenience. Typically coming at a premium price, this new add-on service is already included in the comprehensive protection package for all Dreampass app members who have purchased the subscription plan at no extra charge, along with other convenient features such as international emergency medical protection, a free eSIM card with 3GB of data usable in over 140 countries, $100 in ancillary travel credit, and up to 10% cashback for extra savings and loyalty rewards to be spent towards future travel.
Daily News Egypt
07-03-2025
- Business
- Daily News Egypt
Trevolution Group Sees Surge in Egypt Travel, Exceeding $1.2 Billion in 2024 Bookings
Egypt's tourism industry is experiencing a boom like never before, with demand for travel to the country soaring in 2024. Trevolution Group, the travel division of Dyninno Group, has reported a remarkable surge in bookings, surpassing $1.2 billion in gross travel sales this year. The group's latest commercial results reveal a 5% increase compared to 2023, underscoring Egypt's growing appeal as a global travel destination. According to Trevolution Group, the demand for flights to Egypt jumped by 30% year-over-year, fueled by key developments in the country's tourism sector. The total number of unique tickets issued rose to 980,092, marking a 16% increase, while flights operated by Egyptair saw a 10% rise in bookings. Cairo and Alexandria remained the top destinations for inbound travelers. Egypt's Strategic Push to Boost Tourism Egypt's tourism renaissance in 2024 has been driven by several strategic initiatives, including infrastructure improvements and marketing campaigns aimed at attracting international visitors. The opening of the highly anticipated Grand Egyptian Museum in Cairo has played a pivotal role in drawing global attention, while the government's Living 365 campaign—targeted at Gulf and Arab markets—has further fueled demand. With over 15 million tourists visiting Egypt in 2024, the country has solidified its position as one of the fastest-growing travel hotspots. This growth has also been reflected in Trevolution Group's rankings, where Egypt emerged as a leading destination alongside the United States, the Philippines, India, Canada, and Italy. 'We are witnessing an unprecedented rise in demand for travel to Egypt. The country's strategic investments in tourism infrastructure, coupled with our strong airline partnerships, have made Egypt a more attractive destination than ever before,' said Alex Weinstein, Founder of Dyninno Group. 'We are proud to play a role in facilitating travel to Egypt and look forward to further growth in the region.' Changing Travel Trends and New Consumer Behavior A shift in travel patterns has been evident this year, with more travelers opting for flexible and last-minute trips. The number of one-way tickets booked to Egypt surged by 62%, while round-trip demand grew by 22%. There was also a significant 52% increase in last-minute travel (booked within 0-10 days of departure), reflecting a growing trend of spontaneous travel to Egypt. Despite a growing appetite for premium travel, 92% of passengers traveling to Egypt still preferred Economy class, while 8% opted for Business class flights. The top outbound destinations for travelers departing from Egypt included the United States, Saudi Arabia, and the United Kingdom. Innovation in the Travel Industry Trevolution Group has also been making strides in the travel sector by launching innovative platforms to enhance the booking experience. In 2024, the company introduced Vagamo, an online platform designed for flexible booking with expert support, as well as Dreampass, a travel app featuring Dreampass Plus, a subscription-based loyalty program. Since its launch, Dreampass has attracted over 13,000 members and generated $1.6 million in revenue within six months, reinforcing Trevolution Group's commitment to elevating customer experience. As Egypt continues to strengthen its position as a top global travel destination, the surge in demand witnessed by Trevolution Group signals a bright future for the country's tourism sector. With sustained investment in infrastructure and innovative partnerships, Egypt is well on its way to welcoming even more travelers in the years ahead.
