Hel­loworld “new phase”

Travel Daily - - News -

HEL­LOWORLD ceo Andrew Burnes has fore­shad­owed an “more ex­cit­ing phase” for the com­pany as it reaps the ben­e­fit of sta­bil­ity and syn­er­gies achieved over the last 18 months or so.

While the pri­or­i­ties for the busi­ness in FY2018 are to con­tinue re­cal­i­brat­ing HLO’s cost base so the busi­ness is the right size for its rev­enues, “we are mov­ing to a more ex­cit­ing phase where we can look at new de­vel­op­ments across our four key di­vi­sions that will start to de­liver TTV and rev­enue growth in the medium to long term,” he said.

Key ar­eas of fo­cus in­clude the com­pany’s dig­i­tal strat­egy in terms of the func­tion­al­ity of hel­loworld.com.au and the in- house Resworld agency tool.

Growth op­tions on the radar in­clude “green field op­por­tu­ni­ties to de­velop ser­vices and en­hance the ex­ist­ing ser­vices we pro­vide, as well as po­ten­tial bolt on ac­qui­si­tions that would en­hance var­i­ous parts of Hel­loworld’s op­er­a­tions,” he said.

HLO is also in talks with more fran­chisees about buy­ing parts of their busi­nesses, sim­i­lar to deals al­ready sealed with Hunter Travel Group and Hel­loworld Mackay, Burnes con­firmed.

Burnes’ out­look for the com­pany is fea­tured in a cover story by Steve Jones in the Nov is­sue of travel Bulletin, cur­rently on its way to sub­scribers.

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