Cash assets of 166 billion won… Expected to remain profitable for the 6th consecutive year
Overseas accommodation transaction volume increased by 200%,
Transaction volume for the first half of the year (provided by HereThere),
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, ‘(Seoul=News1) By Yoon Seulbin, Travel Specialist = HereThere announced on the 2nd that its transaction volume for the first half of this year was 911.8 billion won, a 16% increase from the previous year.’,
, ‘During the same period, operating profit increased by 29% to 23.5 billion won. This marks the 23rd consecutive profitable performance since the fourth quarter of 2018.’,
, ‘HereThere stated, “The key to this year’s first half performance lies in overseas accommodations,” and analyzed, “The transaction volume in the overseas accommodation sector during the same period increased by 200% compared to the same period last year.”‘,
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, ‘They also explained, “International travel demand has fully recovered to pre-pandemic levels, with inflows of reservations mainly from Japan and Vietnam,” and added, “As a popular destination for short and medium-haul flights within 5 hours, HereThere customers, mainly young people, prefer Japan and Vietnam as their favorite regions.”‘,
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, “The domestic travel sector also continued stable growth. HereThere revamped this year’s loyalty program, ‘Elite,’ and strengthened the travel community ‘Tripholic’ to expand user communication.”,
, ‘Jung Myunghoon, CEO of HereThere, said, “Our company has achieved remarkable growth every year, while also fostering internal strength through debt-free and profitable management,” and added, “We have established ourselves as a platform where users can make reservations with confidence, and as a highly reliable business partner for our affiliates.”‘,
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, ‘According to HereThere, as of the 1st of this month, the company maintained financial soundness with cash assets of 166 billion won and no borrowings.’