Helloworld Travel Limited (ASX:HLO)
has entered into an agreement to acquire cruise wholesaling specialist, CruiseCo.
CruiseCo is a specialist cruise package wholesaler founded 20 years ago.
Prior to the onset of Covid-19, the business had annual total transaction value of circa $70 million from its member agents throughout Australia.
HLO also announced today it has renewed its partnership with Qantas with a new three-year commercial agreement to sell the national carrier’s fares and products until 2023.
Shares in Helloworld Travel Limited (ASX:HLO)
are trading 3.35 per cent higher at $2.78.