ABTA sells TTC Training
ABTA has announced it has sold TTC Training Limited to NTP Limited.
In a statement, ABTA said TTC Training will continue to operate under its current management, led by Barry Butler as Managing Director, as a subsidiary company within the new group. It will join other training, consultancy and information systems subsidiaries in delivering workforce development services to NTP’s customers.
ABTA said its Board of Directors agreed to the sale, which values TTC at £5 million, in order to help secure the future profitable growth of TTC Training.
Following the acquisition of Career Dynamics in 1999, TTC Training has developed its offerings to retail, finance, call centres, logistics, property and other service sectors.
ABTA said it is likely that future growth will come from sectors outside travel.
Commenting on the sales, Ian Reynolds, Chief Executive of ABTA said: “The Boards of both ABTA and TTC Training judged it to be in the best interests of customers, employees and ABTA members to support the approach we received from NTP.
ABTA has granted a licence to NTP for the provision of ABTA programmes to the travel industry. Ken Gaylard and Ian Reynolds will continue as directors of TTC Training.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025