BCD Travel takes stake in Australian partner

Friday, 06 Sep, 2007 0

Travel management company BCD Travel has taken a majority stake in its Australian network partner, International Express.

This is yet another step towards increasing BCD Travel’s strategic ownership position in the Asia Pacific region.

International Express, which formerly traded as Sydney Express, Brisbane Express and Melbourne Express, was re-branded as BCD Travel in Australia earlier this year.

Mike Buckman, CEO of BCD Travel, said: “BCD Travel is committed to being where our clients need us to be, and our strategy is to continue to invest in strategic markets aligned with our key clients’ travel programmes.

“This investment in our Australian operation demonstrates our emphasis on strengthening our proposition locally in the Australian marketplace, regionally in the Asia Pacific region and globally for our major multinational clients.

“Synergies in our shared vision for the future of travel management will ensure that clients continue to receive superior quality service and unrivalled value from their managed travel programmes.”

David Sumich, managing director of International Express, said: “Continuing what we have already begun by re-branding to BCD Travel, this acquisition will further enable us to enhance our service offering in Australia to our existing clients and demonstrate stronger value to potential new business.

“Strengthening the ties from a strategic partner to an ownership position will enable us to integrate further into the global travel management arena and apply those principles and processes to our local business. The move will also bring added benefits in terms of supplier leverage, staff development, technology application and growth.”

As part of their ownership position, BCD Travel will be implementing a multi-national service centre in Brisbane to offer seamless service to clients.

Phil Davies

Virtuoso is the leading global network of agencies specializing in luxury and experiential travel, with more than 20,000 advisors. We...

Discover Punta Gorda/Englewood Beach, also known as the Charlotte Harbor Gulf Island Coast. This natural wonderland is nestled in the...

Destination British Columbia (Destination BC) is a Provincially funded, industry-led Crown corporation that supports a strong and competitive future for BC’s...

Ensuring our guests have an unforgettable experience while sailing with us is paramount; however, your health and safety remains our...

With long periods of Thailand’s History, according to evidences and studies, Sukhothai was the first kingdom of Thailand. At that time, an early Thai...

Babble is a leading technology business that is reimagining how we do work. Founded in 2001, the company works with...

We are a small-group adventure travel operator offering more than 750 tours in 100 countries, on all seven continents. Our...

AXA Assistance specializes in best-in-class cost containment, health and travel services. Over 60 years of experience combined with a US and...

Intrepid Travel is a world leader in sustainable experience-rich travel that has been taking travellers to discover the world’s most amazing places...

River cruising is a treat for the senses, allowing you to see, touch, feel and experience the world like never...

Here at Elegant Resorts, luxury travel is in our DNA. True pioneers in the industry, we were the first specialist...

The Florida Keys and Key West is a 126 mile long string of Islands connected to South Florida by the...

Hilton is a leading global hospitality company with a portfolio of 22 world-class brands comprising nearly 7,300 properties and more than 1.1 million rooms, in...