Gattinoni Group over 800 million revenues in 2025
In the second half of the year, investments in digital Ai and acquisitions are planned to reach the billion mark next year
by Enrico Netti
2' min read
Key points
2' min read
Franco Gattinoni, founder and chairman of the Gattinoni Group, expects growth of around 8-9% as his 2025 budget, with the aim of exceeding 800 million in turnover. The focus in the first part of the year is the completion of the corporate reorganisation, while in the second half of the year it will be the turn of the acceleration of investments focused on multi-channel digitalisation with the support of artificial intelligence, product development, the strengthening of distribution channels, and the possibility of targeted acquisitions of travel agencies to increase the number of Gattinoni Travel Stores, the company-owned points of sale, to one hundred from the current 80.
The Group has 901 employees and ends 2024 with a turnover of EUR 747 million (+9%), an Ebitda of EUR 17.1 million, up 20%, and commercial contracts of EUR 1,700 million. These are the figures presented by the founder together with the results of the three wholly-owned subsidiaries that make up the Group structure. Gattinoni Travel is focused on leisure travel with a turnover of 416 million (+12%) in 2024. Revenues generated by the network with about 1,500 partner agencies, 80 owned and 50 associated to which the new e-commerce platform should be added. In addition to the offer of the most important tour operators, the company has products developed in-house, from 'tailor-made' trips designed according to specific customer requirements to classic beach holidays in Italy and abroad to high-end experiences and trips for under-45 customers.
The Business Travel division for business travel reaches 267 million in turnover (+5%) while Gattinoni Events, dedicated to the planning and management of corporate events, grows by 5% to 64 million in revenue 'with a good level of marginality,' emphasises the chairman.
Between Strategies and Geopolitics
For this year, each division will accentuate the use of digital both with the enhancement of the e-commerce part, which allows an increasingly customised and integrated offer. A new platform with Ai to optimise processes and the user experience is at an advanced stage of development. Also on the hunt for opportunities and acquisitions is the Events division, which 'aims to consolidate its positioning and possibly strengthen itself with targeted acquisitions,' continues Franco Gattinoni, who adds, 'Our structure is independent, solid, and in full development. We are strengthening the technological component, expanding the product offer and developing proprietary solutions to be increasingly competitive and distinctive on the market'.
The market is preparing for the April of long weekends, while August sales are suffering from peak season prices. "They are brighter than sales for July and September, and we try to sell all year round because we now travel in the other months and price is the determining factor," the founder points out. Precisely because of the increases in the last two years, the classic Mediterranean destinations are suffering: Italy, Spain and Greece 'have raised fares a lot while Egypt remains very competitive. You can still do a week with one thousand euros," says Gattinoni. "In the long haul there is availability except for Japan, while for the USA there is a bit of disaffection.
