BCD Holdings N.V. announced a record $20.8 billion in revenues in 2011, - Business Travel News

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Tags: Year over Year, Economic Growth, Emerging Markets, BCD Travel, Chief Executive

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March 16, 2012 - 10:10 AM ET

BCD Holdings N.V. announced a record $20.8 billion in revenues in 2011, an 18 percent year-over-year increase. Earnings before interest, taxes, depreciation and amortization rose to $138 million, according to a press statement. BCD Holdings CEO Joop Drechsel indicated he expects "demand for business travel to continue to increase in the coming years, largely due to strong economic growth in the emerging markets." The largest portion of BCD Holdings is BCD Travel. Among the smaller components, Park 'N Fly claimed the highest sales its 43-year history.

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