Costco Travel also notched an eye-popping amount of car rentals last year.
Costco sold a booking for an around-the-world cruise for $293,000 through Costco Travel. That revelation came Thursday as CFO Gary Millerchip provided some "fun facts" about Costco’s member-exclusive travel service during the warehouse retailer’s first-quarter earnings call. "Our largest cruise booking last year was a 150-day around-the-world cruise starting from Fort Lauderdale and making stops in places like the Galapagos and Easter Islands," he told analysts and investors.
"In addition to highly attractive rates, many of our offerings include a Costco Shop Card as extra value for booking with Costco."Consumers can use Costco Shop Cards to pay for a membership to the warehouse retailer and the various items that Costco sells. COSTCO'S ‘NETFLIX MOMENT’ BIG WINMillerchip also noted during the call that members that take advantage of Costco Travel "spend approximately twice as much as members that do not use these services.
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