p7 dec12 10/12/08 20:20 Page 7
ttglive.com
news
In brief
Transfer firms to merge
ITC Classics is giving agents M&S
Lee Hayhurst.
a merger because management teams will be
vouchers for every booking made LOWCOST TRAVEL GROUP is close to completing combined and the firms share a shareholder.
in January. Vouchers start at £25 a deal to buy 100% of shares in transfer Evans said there would not be wholesale
for bookings between £2,500 and company Resorthoppa. redundancies at Resorthoppa’s head office in
£4,999, right up to £200 for bookings over The dynamic packaging specialist announced East Grinstead, but efficiencies would be made
£20,000. To claim, email your booking reference this week an agreement had been reached in resort.
to
agentsadmin@itc-uk.com subject to final legal approval and due diligence. Lowcost, which hopes to finalise a deal to buy
Check out more deals at
ttglive.com/agentoffers It said it was confident the deal would be cruise agent Ideal Cruising in the next few weeks,
formally completed early next month. is looking to grow by acquisition, Evans added.
■ Continental Airlines recruits John Garside Paul Evans (pictured), Lowcost chief Resorthoppa chairman Michael East said
Continental Airlines has appointed John Garside executive, said the tie-up between two the company had been on the lookout for
as sales manager for the English regions. Garside companies that share the same major companies to buy in other sectors.
will oversee sales in the north, west and Midlands. shareholder – venture capitalist Close He said consolidation with other
He was previously sales manager for the Midlands Brothers – and offices, was “logical”. transfer-only firms had not been on the
and north of England at Travelbag for four years. “This will allow us to dramati- cards, although sources have told
He replaces Tod Schrader, who has transferred to cally lower costs for the trade. If TTG that Close Brothers looked at
Houston to become manager of global accounts. you can put beds and transfers on a merger with Holiday Taxis.
the same feed, you have a much In the deal Resorthoppa, which
■ Cadogan cuts back to focus on top end lower overhead and you can pass made £700,000 last year, will
Cadogan Holidays has cut the number of hotels on major cost savings,” he said. be retained as a brand but its
in its summer 2009 collection to concentrate on The deal, the value of which product will be sold through
more upmarket properties. Next summer’s was not revealed, was described as
lowcosttaxis.com.
programme features more options in Croatia
including Hvar. The 2009-10 programme is being
expanded to cover the Middle East and Far East.
■ Nigerian carrier to launch Heathrow service
Arik Air will make its first intercontinental flight
on December 15 with a Lagos-Heathrow service.
The Nigerian carrier has ordered 39 aircraft for
delivery over the next decade and has secured
traffic rights to 11 other international destina-
tions, including Beijing, Dubai and New York.
■ Kingfisher to fly Heathrow-Mumbai in January
Kingfisher Airlines is launching a daily Heathrow-
Mumbai service on January 5 to complement its
daily Heathrow-Bangalore route.
■ Colin Currie takes on Travel TV role
Former On Holiday head of sales Colin Currie has
been recruited as national sales manager for
travel trade television channel Travel TV. Currie
will concentrate on building the company’s
agency client base.
ttglive.com
For the latest news, reviews and comment
from the travel industry, visit
ttglive.com
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