Headlines
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Luxury Escapes $200m TTV
Wednesday | Sep 28 2016LUX Group ceo Adam Schwab yesterday revealed that the company’s Luxury Escapes brand is now transacting around $200 million in annual travel sales, comprising two thirds of the group’s overall TTV.
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Cover-More acquires Travelex
Tuesday | Sep 27 2016TRAVEL Insurance provider, Cover-More Group, has announced the 100% acquisition of Travelex Insurance Services for US$105 million (AU$138m).
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FLT expands Euro footprint
Tuesday | Sep 27 2016FLIGHT Centre Travel Group has acquired corporate businesses owned by European online travel agency eDreams ODIGEO.
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FC to sell Ignite packages
Tuesday | Sep 27 2016THE new partnership between Flight Centre and Ignite Travel (TD 15 Sep) is already bearing fruit, with a new exclusive ‘Get Luxe’ product range to launch later this week for sale via Flight Centre’s Escape Travel stores.
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Backpacker review blast
Monday | Sep 26 2016MORE than 1,700 stakeholders have made submissions to the review of the Working Holidaymaker Visa, which is looking at the government’s budget decision to no longer consider working holidaymakers as residents for tax purposes.
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TCF report finally released
Monday | Sep 26 2016THE long-awaited final report from the Travel Compensation Fund has been made public, confirming that almost $19.5 million was paid out to the various states on 16 Dec 2015.
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GTA acquires MTS Globe
Friday | Sep 23 2016GTA has signed off on an agreement to acquire the hotel distribution systems, destination management services and IT businesses of one of Europe’s largest independent, inbound companies, MTS Globe.
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Boxall leaves HLO Mackay
Friday | Sep 23 2016HELLOWORLD Mackay and Mt Pleasant have announced the departure of longstanding md Steven Boxall, who will step down effective 30 Sep after more than ten years with the agency.
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IATA pledges flexibility
Friday | Sep 23 2016THE International Air Transport Association says it will take a “working-together approach” in collaboration with travel agents as it develops a new risk management framework to “enable safer selling and mitigate default losses in the BSP”.
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Geckos targets under-29 market
Thursday | Sep 22 2016GECKOS Adventures has cut its maximum age limit from 39 to 29, with the change due to take effect from 2017.