Travel Counsellors Explained

Travel Counsellors
Industry:Travel agency
Foundation: in Bolton, England
Founder:David Speakman
Location City:Manchester
Location Country:United Kingdom
Locations:1,900 franchises
Area Served:Worldwide
Key People:Steve Byrne, CEO Mat Hanson CFO
Revenue:£600 million

Travel Counsellors Ltd. is a travel agency headquartered in Manchester, England. When it was established in 1994, it was a pioneer of home-based travel selling.[1] It has operations in the United Kingdom, Ireland, the Netherlands, Belgium, South Africa and the United Arab Emirates.

History

The company was established in 1994 by David Speakman and his wife Maureen.[2]

In October 2014, Steve Byrne led a management buyout of the company, backed by Equistone Partners Europe.[3]

In September 2015, the company announced plans to move its headquarters from Bolton to Manchester.[4]

In June 2018, Vitruvian Partners financed an additional management buyout in which David Speakman and his wife Maureen sold their remaining interest in the company.[3]

In February 2020, the company was ranked 89th on the UK's best 100 companies to work for by The Sunday Times.[5]

In April 2020, the company established a fund to financially assist agents that were affected by the COVID-19 pandemic.[6]

Notes and References

  1. News: Big Interview: Steve Byrne, chief executive of Travel Counsellors . Travel Weekly (UK) . 20 February 2019.
  2. News: January Blues plays well for holiday bookings company Travel Counsellors . . 28 November 2013 .
  3. News: Travel Counsellors acquired by Vitruvian Partners . Amie . Keeley . Travel Weekly (UK) . 1 June 2018.
  4. News: Leisure company Travel Counsellors set to move out of Bolton for new home in Manchester . Andrew . Bardsley . . 1 September 2015.
  5. News: Travel agencies ranked among the best UK companies to work for . Phil . Davies . Travel Weekly (UK) . 21 February 2020.
  6. News: TRAVEL COUNSELLORS TO SET UP DEDICATED 'WELFARE FUND' . JAMES . CHAPPLE . . 3 April 2020.