Specialist operator Wexas has sold its corporate travel division to focus on growing its core leisure travel business.
The sale of Wexas Travel Management, for an undisclosed sum, to business travel specialist Good Travel Management includes both its corporate client base as well as the transfer of 21 employees.
Wexas Managing Director Katherine Gershon said: “As part of Wexas, Wexas Travel Management has a 40-year heritage of looking after corporate clients and their travel needs, with a fantastic team of employees and an outstanding client base.
“We have carefully chosen Good Travel Management as the new owner of Wexas Travel Management because they share our passion for exceptional service, with a focus on both clients and employees, specialising in the SME space.”
Good Travel Management is an independent business, part of the Hull-based John Good Group, which has been owned by the Good family for 190 years.
Katherine said the future strategy for Wexas is to develop its core tour operating business and its three brands: Wexas Travel, The Luxury Holiday Company and Best Served Scandinavia.
“As well as organic growth, we are also looking to grow through acquisition and the sale of Wexas Travel Management puts us in an excellent position to pursue this,” she added.
Pictured above are Katherine with, from left, Wexas Head of Corporate Operations Paul Reed, Product and Commercial Director David Warne and Finance Director Francis Wilkinson.
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The sale of Wexas Travel Management, for an undisclosed sum, to business travel specialist Good Travel Management includes both its corporate client base as well as the transfer of 21 employees.
Wexas Managing Director Katherine Gershon said: “As part of Wexas, Wexas Travel Management has a 40-year heritage of looking after corporate clients and their travel needs, with a fantastic team of employees and an outstanding client base.
“We have carefully chosen Good Travel Management as the new owner of Wexas Travel Management because they share our passion for exceptional service, with a focus on both clients and employees, specialising in the SME space.”
Good Travel Management is an independent business, part of the Hull-based John Good Group, which has been owned by the Good family for 190 years.
Katherine said the future strategy for Wexas is to develop its core tour operating business and its three brands: Wexas Travel, The Luxury Holiday Company and Best Served Scandinavia.
“As well as organic growth, we are also looking to grow through acquisition and the sale of Wexas Travel Management puts us in an excellent position to pursue this,” she added.
Pictured above are Katherine with, from left, Wexas Head of Corporate Operations Paul Reed, Product and Commercial Director David Warne and Finance Director Francis Wilkinson.
The post Wexas announces sale of 40-year-old business travel arm appeared first on Travel Gossip.
Continue reading...
