THE Co-operative Group's Travelcare business has secured a contract with Lloyds TSB, which could generate up to £ 100 million worth of sales over the next three years.
Under the agreement, Travelcare ? Britain's largest independent travel agency ? will offer travel services to the bank's 12 million customers as well as operating its staff travel club. Travelcare successfully tendered for the contract after running a similar service for customers of the credit card Goldfish for three years. Goldfish was acquired by Lloyds TSB last year, and Travelcare beat tough competition to secure the new deal.
As part of the service Lloyds TSB customers and staff can book a range of breaks and travel services, many with exclusive discounts. Bookings can be made via either a dedicated website or telephone hotline.
David Wilkinson, Travelcare's National Sales Development Manager, said: "We are delighted to have strengthened our partnership with Lloyds TSB, and we are looking forward to providing good value holiday and travel options for its customers and staff.
"Travelcare serves more than one million customers each year and we are not tied to any airline or operator. That, with our co-operative values of openness, honesty and social responsibility, makes us a very good partner to work with."
Vicki Winship, senior manager of Lloyds TSB's Travel Services, said: "This deal will greatly enhance the existing travel benefits provided to Lloyds TSB customers and staff. It will build on the travel offer for our current account customer base and we will be looking to develop new benefits for other customer groups."
Travelcare runs similar travel clubs with other major businesses and organisations, including BT, Manchester United and the Civil Service Motoring Association, and is actively seeking new partnerships.
? The Co-operative Travel Trading Group, which manages buying and marketing on behalf of seven Co-op-owned travel businesses, has won a major cruise industry award after just over a year in operation.
CTTG took the ?Greatest Growth Award' in the multiple agent category of the recent Complete Cruise Solutions Awards, representing P&O Cruises, Cunard, Princess Cruises and Ocean Village.
Mike Beaumont, CTTG's General Manager, Commercial, said: "This is a fantastic achievement and the first award we have won since we launched CTTG.
"Cruising is the fastest growing holiday sector and winning this award demonstrates our commitment to growing the market and establishing strong relationships with our key supplier partners.
"We are now looking ahead to a strong year for 2005, with cruising sales already up by 115 per cent on last year."