Wholesalers

Helloworld acquires cruise wholesaler, renews deal with Qantas

Helloworld Travel has entered into an agreement to acquire cruise wholesaling specialist CruiseCo.

Founded 20 years ago by Kevin Dale, Phil Hoffman and Steve Lloyd, CruiseCo is a specialist cruise package wholesaler which, prior to the onset of COVID-19, had an annual total transaction value (TTV) of approximately $70 million from its member agents throughout Australia.

The acquisition adds to Hellworld’s existing cruise wholesale business, Seven Oceans Cruising, which prior to COVID-19, had annualised TTV of around $110 million.

Cruiseco will be integrated in Helloworld’s wholesale division, with most of the leadership team and staff to be retained to ensure business as usual’ for members, according to a statement by Helloworld.

Nic Cola, interim CEO of Cruiseco, will lead the wholesale cruise division of Helloworld (which includes Seven Oceans Cruising), with Catherine Allison taking over all commercial responsibility for cruise contracts for the company.

Helloworld said in an ASX update that the acquisition of CruiseCo will be funded from existing cash reserves and the purchase price is not considered material.

Cinzia Burnes, executive director at Helloworld, said: “These two businesses, when combined, provide Helloworld Travel with a comprehensive range of cruise options for our retail agencies in Australia and New Zealand.

“Given the recent demand for some 2022 specials in the market, the positive news around both the development of a vaccine and rapid testing capabilities, we are confident that demand for cruising will come back strongly from 2022, and we look forward to working with our cruise partners and agencies to capture that demand.”

Helloworld also announced today that it has renewed its partnership with Qantas with a new three-year commercial agreement to sell the national carrier’s fares and products until 2023.

Andrew Burnes (pictured above), CEO and managing director of Helloworld, said the long-term agreement provides commercial certainty for the company and its agency networks, and allows the business to take the lead with opportunities to sell Qantas products.

“We have had a longstanding partnership with Qantas, and the continuation of that was an important component in securing our position as their leading travel agency partner, and ensures our owned businesses and agency networks can continue to sell Qantas with confidence.

Qantas’ executive manager of global sales and distribution, Igor Kwiatkowski, said the new agreement was representative of the long-term collaborative partnership the airline had with Helloworld.

“This agreement helps cement our longstanding relationship with Helloworld Travel as their number one airline supplier in Australia,” he said.

“Despite the devastating impact of COVID-19 on the industry, we’re starting to see really positive momentum from the trade as domestic travel restrictions start to ease.

“We are pleased to be working together to focus on opportunities that benefit our businesses – including joint marketing and sales activities – as the travel industry starts to recover.”


SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Wholesalers

Give your clients a taste of wabi-sabi with InsideJapan’s new cultural journey

Don’t worry, the new trip doesn’t involve eating loads of that little green paste that comes with your sushi (that’s WASABI, not wabi-sabi). However, if that’s your thing, we won’t stop you.

Share

CommentComments

Hotels

Hotel cops criticism for charging almost $400 to access its bar

The hotel owner said he introduced the fee because he was tired of finding strangers in his garden, which is the most Welsh thing we’ve ever read.

Share

CommentComments

Destinations

This tourism ad is so weird and trippy, it’ll have you declaring “WTF did I just watch?”

Did you perhaps take an ecstasy tablet in your misspent youth? Travel Weekly warns this ad could bring it back on 15 years later.

Share

CommentComments

Technology

Sabre’s Nicole Regel promoted to regional role

Travel Weekly understands Nicole Regel is eyeing the IKEA JÄRVFJÄLLET leatherette swivel chair in charcoal after her recent promotion.

Share

CommentComments

Cruise

P&O extends Aussie cruise pause, as Pacific Adventure emerges from dry dock

Don’t let the headline fool you; this article also contains some uplifting cruise news to give sail-savvy agents a little Friday boost.

Share

CommentComments

Tourism

Travel industry veteran takes “black sheep” approach to help brands navigate COVID landscape

Trish Shepherd, the mastermind behind this new company, has assured us it’s got nothing to do with agricultural practices, as we first imagined.

Share

CommentComments

Destinations

“A wonderful spectacle”: Spain’s Tourism Minister suggests using catastrophic volcanic eruption to attract visitors

The country’s Tourism Minister is in hot water after she appeared to propose using a volcanic eruption that has destroyed hundreds of homes to lure tourists to the Canary Islands.

Share

CommentComments

Aviation

WATCH: Flight attendant promises to annoy passengers who don’t wear a mask

As you can imagine, the comment section on this TikTok user’s video was… divided, to say the least.

Share

CommentComments

Tourism

Tourism Minister says international borders will reopen by Christmas “at the latest”

by Ali Coulton

Dan Tehan has urged states to stick to the national plan and encouraged Aussies to “roll up their sleeves”.

Share

CommentComments

Hotels

IHG’s Leanne Harwood elected first-ever female president of the Accommodation Association

Hospo industry veteran Leanne Harwood is back in the headlines, and this time it’s about her very deserving new role.

Share

CommentComments

Aviation

Passenger claims flight attendant told her to glue a mask to her distressed toddler’s face

A mother has taken to social media to call out a flight attendant who she claims gave her a rather distressing ultimatum.

Share

CommentComments

Travel Agents

Strong take-up of AFTA membership continues

If the current demand for AFTA membership is anything to go by, there’s a lot of confidence that agents can clear the remaining pandemic hurdles.

Share

CommentComments