Si Holidays facing uncertain future

Question mark heap on table concept for confusion,

It’s never a good feeling to write a story about a wholesaler facing uncertainty, but such is the nature of the game.

Si Holidays has confirmed the company is in takeover talks with another wholesaler, based in Australia.

Due to NDA requirements, Si Holidays is not at liberty to announce the incoming party, however, can advise details will be released in the immediate future.

Talks have commenced owing to the recent challenges faced by Si Holidays in a consolidating market and high operational cost environment which has affected the company.

Managing Director, Tui Eruera said “The travel wholesale market has proven to be very challenging environment and consolidation seems like the logical step forward for the company.”

Eruera also adds, “It is no secret that we have experienced several customer service issues over the past three months.

“This is predominately down to our recent implementation of VCC and the move to source all product dynamically.

“Our pursuit of automation within the business has proven costly and a takeover will bring the required boost back to the business to continue this pursuit.”

Last week Si Holidays announced a host of trading changes to begin the process of bringing the business inline for the incoming party.

More changes will follow over the next eight weeks to allow a seamless transition upon a successful deal.

The move follows a series of acquisitions and mergers in the industry, the most recent being Helloworld acquiring Magellan.

As well as this, Flight Centre gobbled up a number of shops last year, including Travel Managers Group and Travel Partners.

Just yesterday, Scenic Luxury Cruises and Tours scooped up US-based Mayflower Cruises and Tours.

Email the Travel Weekly team at

acquire closed Si Holidays takeover

Latest News

  • Health & Wellness
  • Luxury

Trisara showcases sustainable dining via wellspring program

Phuket-based resort Trisara is transporting guests from resort to farm to table then back again courtesy of a new limited-time program, Wellspring. The package is a collaboration with Tri Vananda, a US$182 million (AU $270 million) wellness community in northern Phuket, conceived by Montara Hospitality Group, the owners of Trisara. In addition to entitling guests […]

  • Aviation

Emirates SkyCargo expands fleet with five Boeing 777 freighters

Emirates SkyCargo announced an investment of US$1 billion (AU$1.484b) to expand its fleet with an order of five new Boeing 777 freighters. The investment follows a strong performance in the first quarter of the 2024/25 financial year. Emirates SkyCargo expects the new freighters to increase its capacity by 30 per cent. The increase enables the […]

  • Events
  • Tour Operators

ITE HCMC 2024 focuses on sustainable tourism for creating a future

The 18th annual International Travel Expo Ho Chi Minh City (ITE HCMC) will take place from 5 to 7 September at the Saigon Exhibition and Convention Center. Under the theme “Responsible Travel, Creating Future”, the expo will highlight its dedication to promoting sustainable tourism practices and showcasing innovative tourism products and services to meet rigorous […]

  • Appointments

Seasoned pro Chris Waite goes out on his own in corporate affairs & communications

Seasoned tourism and hospitality industry corporate affairs and communications professional Chris Waite has unveiled his new consultancy. Drawing on his 25 years of experience across Australia, Europe, and Asia, Chris Waite Corporate Affairs & Communications is dedicated to helping businesses build and safeguard their most valuable asset: their reputation. Waite will focus on delivering results through […]

  • News

Travel becomes the leading retirement priority in latest Equip Super research

A staggering 71 per cent of Australians are prioritising spending their retirement savings on travel, according to a recent survey by leading superannuation fund, Equip Super. Health concerns were ranked as second as the most significant priority in retirement with 56 per cent and spending on hobbies and interests takes the third spot at 54 […]