Midcounties Co-operative Travel reports record growth.
The independent retailer has seen a 17% rise in sales in 2016 and expects revenue for the year to top £335 million, up from £75 million five years ago.
The travel retailer is owned by The Midcounties Co-operative, the UK’s largest independent co-op, which has pledged to continue to invest in the business following The Co-operative Group’s sale of its travel arm to Thomas Cook.
It operates 56 high street branches, has over 150 home-based travel consultants and has 39 independent agents operating under a consortium model where they use the organisation’s back office and services.
Group general manager Alistair Rowland said: "Co-operative Travel is a fantastic brand with a great future under our ownership and our 56 high street branches are operated completely separately from the 208 sites sold by the Co-operative Group to Thomas Cook."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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