SOS - Sostravel.com strategy unveiled: interview with Edoardo Zarghetta
(NewsDirect)
SosTravel.com (OTCQB:SOSAF, EURONEXT:SOS)investor relations head Edoardo Zarghetta outlines the company'soperations and strategic directions in an interview withProactive's Stephen Gunnion.
Sostravel.com operates primarily as a digital travel technologycompany with two business units. One focuses on packaging holidays,primarily in destinations such as Sardinia, southern Italy, Kenya,Turkey, Egypt, and Cuba, managing hotels and resorts to create customholiday packages. The second unit provides technology services,including a Lost Luggage Concierge and Dr Travel for telehealth needs,enhancing travellers' experiences by addressing common issues likelost luggage and health care in foreign locales.
The company benefits from a commercialrelationship with shareholder TraWell Co SpA (OTCQX:TRWAF), whichmarkets Sostravel.com's services at airports, enhancing visibilityand customer acquisition. This relationship allows the implementationof unique marketing strategies focused on leveraging travel needs tointroduce value-added services, distinguishing Sostravel.com fromcompetitors by creating a symbiotic ecosystem between holiday offersand service provision.
The company reported a 29.6% increase ingross booking value as of March and projects significant growth inrevenues and EBITDA for 2024, with updates expected in August toconfirm these forecasts.
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