Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Executive Travel and Travel Managers Group form partnership

21st March 2014

New Dynamic partnership between Executive Travel Ltd and Travel Managers Group Ltd

Executive Travel Limited and Travel Managers Group Limited are to join forces in a new partnership announced today.

Executive Travel under the directorship of Kevin Weston and Nicola Jamieson has acquired a 40% shareholding with Travel Managers Group effective from 01 April 2014. Mike Southcombe, a founding partner with TMG has sold his shareholding to Executive Travel. Mike says, “After nearly12 years with TMG it was time to step back and spend some more time with my family.”

The new partnership provides a complete service offering to the market with many synergies and scalability, enabling a new direct trade agreement with Air New Zealand. The new trade agreement will significantly accelerate the growth in priority markets.

The two companies moving forward are placed to work collaboratively as their boutique business models and approaches in the corporate, SME, leisure and broker markets are strongly aligned.

Executive Travel has been providing corporate travel management services since 1975 and is a privately owned Travel Management Company based in New Zealand.

Travel Managers Group is an independent, 100% New Zealand owned and operated travel broker and leisure group formed in 2002.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Negotiations Fail: Christchurch Convention Centre Build To Proceed Without PCNZ

After protracted negotiations, the government has ditched the construction consortium it picked to build Christchurch's replacement convention centre, which it now anticipates delivering at least two years behind the original schedule. More>>

ALSO:

Ruataniwha: Greenpeace Launches Legal Challenge Against $1b Dam Plan

Greenpeace NZ is launching a legal challenge against a controversial plan to build a dam that’s set to cost close to $1 billion and will pollute a region’s rivers. More>>

ALSO:

Inequality: Top 10% Of Housholds Have Half Of Total Net Worth

The average New Zealand household was worth $289,000 in the year to June 2015, Statistics New Zealand said today. However wealth was not evenly distributed, with the top 10 percent accounting for around half of total wealth. In contrast, the bottom 40 percent held 3 percent of total wealth. More>>

ALSO:

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news