Published on Thursday, August 25, 2011

Change at the top for

A former BBC online editor has joined travel social network as general manager.

The appointment of Tim Fenton, previously managing editor of BBC News Online, follows the departure of founder Tom Griffiths.

Griffiths is stepping down as managing director but continues “in a creative, advisory and promotional capacity”.

Flight Centre, which acquired a majority stake in in October 2010, has now now reached an agreement with Griffiths to purchase his remaining stake.

Thanks to Flight Centre investment, the website is re-launching on a new technical platform

by Bev Fearis

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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.