Skip to main content

Novaturas Group strengthens its positions in local tourism segment in the Baltic markets

Written by Customer Service on . Posted in Public Companies.

The leading tour operator in the Baltic States Novaturas group is strengthening its positions in local tourism segment in the Baltics and introduces 2021 holiday season.“The constraints caused by the COVID-19 virus have highlighted the attractiveness and need for local tourism around the whole world. Our pilot local tourism project has started this summer and we see great potential in it, so we will continue to focus on its development in the Baltics. Many years of experience in the tourism industry across the world and strong negotiating positions have enabled the Company  to offer an appealing assortment and ensure competitive prices for customers, especially for 3  or more nights stay,” says Audronė Keinytė, Head of the Novaturas Group.The Company has expanded the assortment of hotels and sightseeing tours for 2021 holiday season in the Baltic States. The customers can purchase holidays both directly through the Company’s own channels as well as through an extensive network of business partners – travel agencies. The Company plans to strengthen its position in local tourism segment and take leading positions in the Baltic States markets. In July-September, local tourism revenue amounted about 4 percent of the total revenue generated by the Novaturas Group during the relevant period. The Company offers accommodation services in the main resorts and major cities of the Baltic States and sightseeing tours in Lithuania.About Novaturas GroupAB Novaturas Group is the largest tour operator in the Baltic States, offering summer and winter package holidays in more than 30 destinations worldwide and more than 100 sightseeing routes. In 2019, the group served more than 293 thousand customers.CFO
Tomas Staškūnas 
tomas.staskunas@novaturas.lt,
+370 687 10426

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.