Flight Centre acquires Iglu
Flight Centre Travel Group has confirmed a deal to acquire UK cruise booking platform Iglu.
The deal, worth about £100 million, will accelerate FCTG’s growth in the UK cruise sector.
The UK is the world’s third-largest cruise market.
The Iglu digital platform will integrate across FLT’s leisure brands to accelerate sales and form an omni-channel experience for customers.
FLT expects it to also serve as a springboard for entry into the US and other key cruise markets
FLT forecasts its cruise-related TTV to almost double to more than $2 billion during FY26.
Iglu joins Scott Dunn and Cruise Club UK in Flight Centre’s UK portfolio.
“This acquisition delivers immediate shareholder value through EPS accretion and is a game-changer in terms of the future opportunities it unlocks in the global cruise market,” said FLT managing director Graham Turner.
London-based Iglu captures more than 75% of online cruise bookings in the UK and cruise represents around 90% of Iglu’s total bookings.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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