As a first step, Stephen Moffett has been named Regional Director

Orlando, Sep 24, 2015 - Tourico Holidays, the world's fastest growing global travel wholesaler, is entering the Eastern Mediterranean vacation destinations for the very first time. Stephen Moffett was hired to lead the initiative as Regional Director for the Greek Islands, Turkey's Mediterranean coast, Malta, Cyprus, Croatia, and Montenegro.

Following customer interest in the Eastern Mediterranean, Tourico Holidays has committed to entering these markets for the first time and is preparing for rapid growth. Neil Emerson, Senior Vice President of Global Product at Tourico Holidays, sees the appointment of a new Regional Director as an important first step. “We see vast untapped potential for these destinations,” he said. “A director who focuses exclusively on these new regions will bring many benefits to both our customers and our suppliers.”

Stephen Moffett joined the company through the Tourico Holidays Travel Academy, which runs out of Tourico's headquarters in Orlando, Florida. He looks back on 25 years of experience in the travel industry, the last 8 of which were spent as Director of Sales for MSC Cruises for the UK and Ireland. During this time, Moffett was able to successfully establish the MSC Cruises brand in the UK and Irish markets, as well as achieve an increase in regional market shares.

One of his new goals as Regional Director at Tourico Holidays is to contract at least 10 hotels on each Greek Island by end of October. He also aims to acquire an excellent portfolio of hotels in Malta and Cyprus as good winter sun destinations. In the long term, Tourico Holidays' presence will be reinforced by other representatives in the Eastern Mediterranean countries, who will establish close relationships with on-site hotels.

The new Product Director is excited about his role as head of the “Sun, Sand, and Sea” team. “I'm looking forward to being a mentor to my team and helping them to be the best at their positions. I want to make sure my region's voice is heard… and I know my team will be shouting with me,” said Moffett.

Tourico Holidays plans to offer ExclusiveDeals in the new markets, which provide pre-purchased hotel room blocks. This form of booking enables flexible terms and rate structures, guarantees a monthly income stream, provides for incremental business, and includes complementary marketing. Tourico Holidays was the first global distributor to pioneer this type of contracting.

About Tourico Holidays
Tourico Holidays is a leading global travel distribution company that contracts directly with travel providers, such as hotels, flights, cruise lines, attractions, car rentals, vacation homes and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,900 clients in 100 countries using proprietary technology.
www.touricoholidays.com

Press Contacts:
Daniel Barchet 
B & B Medien
+49 621 122 679 30
dbarchet@bundbmedien.de

Mallory Thomas
Regional Marketing Manager: EMEA
+44 (0)207 4512 160 x44233 
mallory.thomas@touricoholidays.com