Record for Travellers Choice
TRAVELLERS Choice member shareholders will share in a $1.62 million pre-tax operating profit for 2013/14, with the record result up 33% on the previous financial year. The Travellers Choice board confirmed that 94% of the profit will be returned directly to members. Each will receive a 25c per share unfranked dividend, while the rest will be distributed via trading rebates based on sales support for airline and wholesale partners. That’s on top of override commissions earned at source by Travellers Choice members. CEO Christian Hunter says the strong performance follows several years of working with member shareholders to reinforce the importance of preferred agreements, and “providing them the the tools information and targeted strategies they need in order to optimse returns”.