Wholesalers

Helloworld to purchase Excite Holidays’ booking platform, as former staff resurface

Huntley Mitchell

Huntley Mitchell

KPMG administrators have succeeded in finding a buyer for Excite Holidays’ proprietary online booking platform, after initially receiving 17 expressions of interest.

Helloworld Travel has agreed to acquire the platform to help boost its B2B booking system, Ready Rooms, and offer better functionality for agents.

“This acquisition will further develop Helloworld Travel’s business to business technologies in the retail division, following on from the successful launch of the company’s proprietary mid-office technology, ResWorld, in 2019,” a statement from Helloworld said.

Earlier this week, KPMG’s administrators revealed they had “entered into exclusivity with a preferred party” for the purchase of Excite’s platform, after three interested parties submitted non-binding expressions of interest.

The administrators were planning to provide an update on the sale at the second meeting of creditors on Monday, according to its much-anticipated report.

Speaking to Travel Weekly, a Helloworld spokesperson said the cost of the acquisition is “commercially sensitive, but was not significant”.

“We hope to complete the sale as quickly as possible and don’t anticipate it will be a long process,” the spokesperson said.

Travel Weekly has contacted KPMG for comment.

Former Excite staff find new roles at rival

Meanwhile, three former staff members of Excite have joined rival Stuba, as the company currently undergoes a restructure.

Paul Groundwater has been appointed as Stuba’s head of sales for the Pacific region, Brooke Hobson has come on board as the company’s state sales manager for NSW and the ACT, and Stuart Chalmers has been named business development manager for Western Australia and the Northern Territory.

In a statement to Travel Weekly, Stuba’s chief information officer, Mark Luckey, said: “It took a couple of days to get used to the idea of hiring an ex-competitor, and after a decade of busting my guts, five minutes of skyping with Paul highlighted two things for me: my god, he knew his stuff – he was clearly going to be great.

“Secondly, I had to acknowledge that for the next evolution of Stuba, someone else needed to focus the effort of sales and development. It was hard to let go. But when I did, it felt right – a real leap of faith.

“When talking to and meeting with Brooke and Stuart, I was left with the same impression – great people, awesome energy, seeing an opportunity to create something anew.

“For Stuba, it’s a once-in-a-lifetime business opportunity to take what we love about ourselves but and merge the ideas from two companies to create what will be the very best agent-only wholesale travel company in Australia. It’s a pretty thrilling opportunity.”

Featured image: iStock/Fokusiert

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Wholesalers

Helloworld to purchase Excite Holidays’ booking platform, as former staff resurface

by Huntley Mitchell

Look! It’s not one, but two important updates regarding failed wholesaler Excite Holidays, accentuated by a generic iStock image.

Share

CommentComments

Travel Agents

Agent Wrap: AFTA announces roadshow, Silversea’s massive incentive, Visit USA kicks off expos + MORE!

by Mekal Mishra

Incentives and expos and famils, oh my! Get the latest update on all the fab perks your agent mates have enjoyed this week, and get in on a few of them yourself, with this week’s Agent Wrap.

Share

CommentComments

Cruise

The mysterious case of Bill Gates and the $747 million hydrogen-powered superyacht

by Christian Fleetwood

It’s a case that seemingly fooled the press, but did the world’s second-richest man really buy ‘Aqua’? Travel Weekly investigates this not so major mystery.

Share

CommentComments

Aviation

Boeing fires mid-level exec following “totally appalling” emails

by Christian Fleetwood

Adding to a grim January for the manufacturer comes the news that Boeing booked no new orders for the month for the first time in nearly 60 years.

Share

CommentComments

Aviation

Jetstar warns of flight cancellations ahead of strikes next week

by Ali Coulton

Meanwhile, Travel Weekly staff are going on strike to protest a significant drop in the number of Tim Tams on offer in the office kitchen.

Share

CommentComments

Tourism

Flavour of the Week: Ryanair marketing boss quits, GM revealed for new Melbourne hotel + MORE!

This edition of Flavour of the Week is a bit like an airport, in that there are both arrivals and departures (and thankfully no cases of coronavirus).

Share

CommentComments

Tourism

China travel ban extended amid coronavirus spike as quarantined cruise offered free porn

by Ali Coulton

Passengers on board Diamond Princess are getting crafty in their exile, while an adult entertainment company is offering the less imaginative an alternative.

Share

CommentComments

Tourism

Industry celebrates Valentine’s Day: Sky-high proposals, a dating app for endangered birds and the chance to win $1,600

The industry has once again been struck by Cupid’s bow, with these companies indulging in some romantic festivities. However, that’s not to say they’ve joined the mile-high club.

Share

CommentComments

Tourism

Trailblazing women inspire Lonely Planet’s new travel guide

by Mekal Mishra

Some of the women featured in the new guide include Michelle Obama, Nancy Bird Walton, Cathy Freeman, and Greta Thunberg.

Share

CommentComments

Destinations

Aloha Friday Wrap: HTO’s new guide, Hawaiian Airlines gets romantic, #islandsofaloha comp + MORE!

Keen to become an expert on all things Hawaii but don’t have the time nor money to get over there? Let this handy wrap be your saviour.

Share

CommentComments

Aviation

Hawaiian Airlines spreads the love this Valentine’s Day

To share the love this Valentine’s Day, Hawaiian Airlines has announced a ‘Romance Sale’ with fares on sale until 18 February.

Share

CommentComments

Destinations

Hawai‘i Tourism launches #islandsofaloha photo comp for Aussies

Hawai‘i Tourism is giving away a luxury trip to the Hawaiian Islands as part of a  newly launched photo competition.

Share

CommentComments