United Kingdom
United States
Asia Pacific
New MyTravel boss ‘confident’ of turnaround
The new man to take charge of troubled MyTravel has expressed confidence in reviving the business. Michael Beckett, chairman of casino group London Clubs International, is to take over as executive chairman at MyTravel from Eric Sanderson, who retires at the company’s AGM on March 22. The company, which has the Airtours and Going Places brands as part of its portfolio, has suffered from a series of profits warnings and the departure of ranks of senior management over the past two years, including founder David Crossland. MyTravel, which has debts of £1.3 billion and £220 million of convertable bonds, has been undergoing a restructuring, including a series of disposals. Mr Beckett said: “I am well aware of the challenges facing the business but I am confident we can succeed as the turnaround is well underway.” MyTravel chief executive Peter McHugh said Mr Becket would bring “a wealth of experience” to the role. Report by Phil Davies
Related News Stories:
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference
Insights from James Ferrara on Inteletravel’s Growth and Future
Tricia Handley-Hughes on Inteletravel’s Growth and Challenges
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Dozens fall ill in P&O Cruises ship outbreak
Woman dies after getting ‘entangled’ in baggage carousel
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Protestors now targeting Amsterdam cruise calls