Pangea The Travel Store is closing out 2024 on a high note, with billing exceeding 60 million euros and plans for significant growth acceleration. The company’s objective for 2025 is ambitious: to surpass 100 million euros in revenue, a notable milestone in a year that also marks its tenth anniversary. To support this development, Pangea secured 4 million euros in financing from its investors at the end of the year.
This impressive performance extends beyond revenue; the company has also strengthened its profitability, achieving a 20% margin – the highest in the sector. This translates to an accounting margin of 12 million euros and an Ebitda of nearly one million euros, solidifying its financial foundation for future expansion.
New Projects
The past year has been pivotal for Pangea’s territorial growth, with 13 stores now operational in Spain. The company’s model of associated agencies, known as PANGEA Premium partners, has been consolidated, and it’s estimated that another 20 agencies will be incorporated in 2025. However, Pangea’s ambitions don’t stop there; the company is pursuing aggressive international expansion plans. In 2025, it will open its first physical store in Mexico, building on its recent online launch, which is now also available in the USA and soon in Portugal.
Pangea is committed to digital innovation, as evidenced by the launch of its new website, which has significantly increased sales and is now connected to Chatgpt, allowing for translation into any language. Furthermore, the company has implemented Quadrant Travel Cloud, the only independent marketplace capable of fully digitizing a travel agency’s operations.
Pangea Team
Pangea The Travel Store’s human team is expanding rapidly, with over 200 employees now on board, following the addition of 50 new members in 2024. This growth not only enhances operational capacity but also reflects an exceptional year of organizational development. Notably, 59% of Pangea’s workforce is female, with an average age of 41 and a team that comprises professionals from 10 different nationalities, making it one of the most diverse companies within the HR software ecosystem.
Pangea prioritizes its team’s well-being and promotes professional development, with 20% of its workforce having had internal promotion opportunities in 2024. As the company looks to 2025 and its ambitious expansion plans, new hiring is expected to continue, further strengthening its team.
Corporate Social Responsibility
In the realm of corporate social responsibility, Pangea reaffirms its commitment, having signed agreements with 12 NGOs in 2024 to support their projects in various countries. The company will continue to strengthen its CSR plan in 2025, aiming to expand its positive impact and drive significant change in communities.
These achievements demonstrate Pangea’s solid management and ability to innovate, grow, and consolidate its position as a personalized travel agency, all while maintaining its human and social commitment. With its sights set on the future, Pangea The Travel Store is poised for continued success and expansion, driven by its dedication to excellence and responsibility.
