LOADING

TDM NEWS EVENTS IWTA SERIES TDM

creative website

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

SKIL surpasses INR 100 crore turnover, achieves remarkable 50% year-on-year growth

SKIL surpasses INR 100 crore turnover, achieves remarkable 50% year-on-year growth

Kanchan Nath

- April 29, 2024

Representative Image

 

SKIL, a leading homegrown comprehensive travel solutions brand, announced a significant milestone in its journey: surpassing the INR 100-crore turnover mark, reaching a total turnover of INR 113 crores. This achievement highlights the company’s robust performance and undeterred commitment to excellence especially during the challenging global backdrop.

The breakdown of SKIL’s turnover underscores the diversity of its service offerings. With 19 crores attributed to Hotels, Flights & Visa services, SKIL Travel has facilitated over 37,500 room nights, both domestically and internationally for their corporate clients. The company’s transportation services arm CABI has generated 47 crores in revenue, with over 100,000 car bookings completed. Moreover, SKIL Events has contributed another staggering 47 crores to its turnover in the MICE segment, overseeing a diverse range of events. SKIL Events planned and executed more than 2000 corporate events in the FY 2023-24. These figures are a testament to SKIL’s comprehensive approach to corporate travel solutions and its ability to deliver value across diverse sectors of the travel industry.

Key factors contributing to this success include strategic expansion into new markets, wherein the group is currently serving over 230 cities with its car rental business; continuous innovation in products and services to meet evolving customer needs, and a strong focus on operational efficiency, with an exceptional satisfaction level of99.8% in over 1,50,000 transactions.

“This achievement is a testament to our long-term goals and strategic vision of sustainable growth and market leadership,” said Ramanpreet Singh, VP – Growth & Strategy, SKIL. “It confirms our commitment to driving innovation, nurturing customer relationships, and creating value for all stakeholders.”

Despite facing challenges such as market volatility, regulatory changes, and global economic uncertainty, SKIL remained resilient and agile. The company scaled up from 40 employees in 2022 to 140 currently, demonstrating its ability to adapt and thrive in dynamic external environments.

Some of the noteworthy initiatives and strategies that contributed to SKIL’s success include the implementation of targeted marketing campaigns to expand market reach and attract new customers; the launch of SKIL Events as a separate brand catering to the growing demand for event management services; CABI’s introduction of EV cabs across the top 10 cities in India; aligning with the company’s commitment to sustainability, strategic partnerships and collaborations to enhance market penetration and competitiveness, and SKIL Travel along with SKIL’s other business’ continuous investment in technology and infrastructure to improve operational efficiency and scalability.

Shylender Jindal, Managing Director, SKIL, attributes this achievement to clients’ unwavering support, the dedication of SKIL’s team, and the collaborative spirit of its partners. “This achievement belongs to each one of them,” he emphasized.

As SKIL celebrates this milestone, it remains committed to pushing boundaries, driving innovation, and delivering exceptional value to clients and partners.

 

 

 

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

SKIL surpasses INR 100 crore turnover, achieves remarkable 50% year-on-year growth

Kanchan Nath

- April 29, 2024

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats