Kuoni Group Organisation
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 5.5 billion in the 2014 financial year and employed 11 934 people (FTE) at the end of 2014.
Kuoni Group focuses on three core activities:
Global Travel Distribution (GTD, previously FIT) is an industry pioneer and a highly experienced, leading global B2B wholesaler and provider of hotel accommodation and land services. It sells approximately 38 000 room nights per day online. Around 43% of its turnover is sourced from fast-growing Asia/Pacific, the Middle East and Africa markets.
Global Travel Services (GTS; comprised of Group Travel Experts and Destination Management Specialists, [DMS]) 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 and world’s leading visa services provider, works for 45 governments, operates 1 486 application centres in 120 countries and holds an estimated 50% market share of the global outsourced applications market. It generates almost 70% of its turnover from applicants from the Asia/Pacific region.