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Appointment of Group General Manager – Global Head of Sales and Business Update

July 3, 2017 Appointments No Comments Email Email

Helloworld Travel Limited today announced the appointment of Peter Prowse as Group General Manager – Global Head of Sales effective from Monday 3 July 2017.

Peter is an exceptional executive with deep knowledge and experience in sales, business development and product design.

He joins Helloworld Travel with a proven track record in successfully leading client-centric businesses in Australia, Asia, UK/Europe and North America.

“Peter is an outstanding acquisition for the group and his skills will help us drive revenue growth across all our businesses globally” said Andrew Burnes, CEO and Managing Director.

HLO also announced that it had signed up eight stores to become fully-branded Helloworld Travel outlets including five stores in south-east Queensland who are converting from Associate membership to fully branded membership, two new stores in Victoria and one in Western Australia. These are the first outlets to join the fully branded network since the launch of the updated “Helloworld Travel – The Travel Professionals” brand in May.

“It’s great to see our updated branding having immediate traction and the interest from both new and existing agencies around Australia shows that the branding and improved value propositions are not only retaining existing franchisees but are attracting new members to our network” said Mr Burnes.

HLO also announced that it expects to achieve full year earnings at the top end of its current guidance following on from strong trading conditions in the June quarter.

HLO issued revised guidance on 7 April, 2017 lifting the previous EBITDA guidance of $47 million to $51 million to a range of $52 million to $55 million.

“We’ve seen positive growth in our air ticket sales across the retail and corporate networks in Australia and New Zealand, our wholesale and inbound businesses are benefiting from internal synergies and our corporate TMC business is continuing to grow” said Mr Burnes.

Helloworld Travel will release its 2017 results on 23 August, 2017.

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