Published on Thursday, August 11, 2011

Board appointment at Travelzest

Travelzest has appointed James Brooke as a non-executive director.

Brooke, 40, is an investment manager at Henderson Global Investors Limited, the company’s largest single shareholder.

A statement from Travelzest said neither Brooke nor Henderson will receive any remuneration from this appointment.


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Undercutting is not for the long-term. Demise of volume players.

The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.