TripADeal

2022 - 5 - 24

Post cover — Image courtesy of "Business News Australia"

Qantas acquires Byron Bay-based travel agency TripADeal (Business News Australia)

Australias flagship airline Qantas (ASX: QAN) has taken a majority stake in Byron Bay-based TripADeal for an undisclosed sum, giving the group greater ...

"Partnering with TripADeal means we can make Qantas Points part of the equation, which is great news for our Frequent Flyers and for our loyalty business more broadly. That’s why the opportunities that TripADeal opens up for our Frequent Flyers will be so positive." "This is a great opportunity at the perfect time. "We’re an Aussie business that is very proud to now be in a close partnership with the national carrier. And frankly, it’s great news for anyone wanting to take a special trip," he says. Until then, other shareholders include the founders and private equity firm BGH Capital, which bought a stake in 2020.

Qantas buys 51 per cent stake in TripADeal (The West Australian)

TripADeal packages cover a host of holiday options from African safaris, Japanese ski trips and exploring Antarctica to South Australian wine tasting tours and ...

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'Now is the right time': Qantas buys majority stake in TripADeal (The Sydney Morning Herald)

Qantas has snapped up a 51 per cent stake in Byron Bay-founded travel site TripADeal in a move that will let customers book packages using their frequent ...

Frequent flyers were increasingly looking for different ways to use their points, she added. The founders sold a controlling stake to private equity firm BGH Capital in 2020. “The number one thing frequent flyers want to use their points for is travel,” he said.

Qantas buys 51 per cent stake in online travel business TripADeal (KarryOn)

Qantas has bought a stake in the TripADeal, with plans to grow its revenue through a close partnership with Qantas Loyalty.

Australia's Qantas to buy majority stake in TripADeal as leisure ... (Reuters)

Australia's Qantas Airways said on Tuesday it would buy a 51% stake in online travel agency TripADeal for an undisclosed amount, as it seeks to tap a ...

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Big change coming to 14m Qantas flyers (NEWS.com.au)

Qantas has announced a major stake with online holiday booking platform TripADeal, announcing the airline has snapped up a 51 per cent stake in the ...

“With most of the travel restrictions relating to Covid removed, we are seeing massive growth in planning and massive growth in travel,” Mr Joyce said. New to Flash? Try 1 month free. Stream 25+ news channels in 1 place.

Qantas Expands Into Online Travel With TripADeal Stake (Simple Flying)

Qantas is moving deeper into the travel business by acquiring 51% of TripADeal, an Australian online packaged holiday operator.

"Partnering with TripADeal means we can make Qantas Points part of the equation, which is great news for our frequent flyers and for our loyalty business more broadly. Qantas frequent flyers can now earn and redeem points on a TripADeal packaged holiday, regardless of which airline is part of the package. Points redemption has doubled from pre-COVID levels, with Qantas Holidays, Qantas Hotels and Jetstar Holidays reducing the points required by 30% or more. During COVID, Qantas Loyalty saw earnings grow and record levels of points redemptions and member engagement. It employs around 100 people in two of Australia's most popular holiday destinations, Byron Bay and the Gold Coast. It also has dedicated personnel in more than 30 countries to look after its guest's on-ground experiences. Qantas CEO Alan Joyce says TripADeal is "an Aussie success story built on delivering ready-made holidays at very sharp prices and their level of repeat customers shows how very well they do it."