Australia’s travel industry is producing some top female entrepreneurs.
Each year, SmartCompany, an online site for Australia’s entrepreneurs, small and medium business owners and business managers, publishes its list of top female entrepreneurs.
SmartCompany’s annual list of Australia’s foremost female entrepreneurs is ranked according to the revenue of their business – and in this year’s list, 10% of the women included are connected with the travel industry.
The combined revenue of all businesses on the list is AUD 10.67 billion, up AUD 200,000 from last year, the site says.
Wherever possible, revenue figures were provided by the entrepreneurs themselves. If not, SmartCompany relied on publicly available sources, industry contacts or internal estimates. An asterisk shows when revenue has been estimated.
The three women on the list with strong travel connections are:
- Charlotte Vidor
Company: Toga Group
Revenue: AUD 285 million* (with Ervin Vidor)
Charlotte and Ervin Vidor founded hotel business Toga Group in 1963 after migrating to Australia from Poland and Hungary.
SmartCompany notes that the company has transformed into a property empire with a number of hospitality brands including Adina Apartment Hotels, Vibe Hotels, Travelodge Hotels, Rendezvous Hotels and Medina Apartment Hotels.
“The Toga Group’s revenue was estimated to be AUD 285 million in 2013.”
- Sue Hollis
Revenue: AUD 250 million*
Sue Hollis has an extensive background in travel, having worked for both British Airways and Qantas prior to co-founding TravelEdge in 2000.
- Penny Spencer
Company: Spencer Group
Revenue: AUD 60 million
Penny Spencer started working in the travel industry when she was 19, working her way up before cashing in some Telstra shares and starting Spencer Travel in 1998, SmartBusiness says.
Today, the corporate travel agency employs more than 50 people and turns over more than AUD 60 million.
“Spencer is also renown for rewarding longstanding employees with a one-carat diamond.”
Here’s the full list: SmartCompany’s 30 top female entrepreneurs for 2016.
Written by Peter Needham