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ASMALLWORLD AG Achieves 26% Membership Growth and Strengthens Luxury Travel Position

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ASMALLWORLD AG Achieves 26% Membership Growth and Strengthens Luxury Travel Position

An announcement from ASMALLWORLD AG ( (CH:ASWN) ) is now available.

ASMALLWORLD AG reported a 26% increase in membership in 2024 following the introduction of a new membership model and visual rebranding, marking the completion of a multi-year business transformation. The company maintained stable net sales, exceeded EBITDA guidance, and reduced debt significantly, positioning itself for long-term growth in the luxury travel market with an expanded hotel portfolio and enhanced travel services.

More about ASMALLWORLD AG

ASMALLWORLD AG operates in the luxury travel industry, offering a membership-based community that provides exclusive travel experiences and services. The company focuses on redefining luxury travel through its ASMALLWORLD Collection and Bespoke Travel services, catering to high-end travelers with a portfolio of luxury hotels and personalized travel planning.

YTD Price Performance: -5.93%

Average Trading Volume: 2,790

Current Market Cap: CHF18.37M

For a thorough assessment of ASWN stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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