RSS FeedsNews
(25 October 2004)
Most of the remaining 82 Travel House Group shops, including 10 Sibbald Travel branches and some Callers Pegasus agencies, will now be re-branded Lunn Poly.
Shops to close are in areas where there is duplication or the market is weak, said a spokeswoman.
TUI UK recently announced it would reduce the size of its shop network as part of a cost-cutting review, which will see 800 jobs go from other parts of the business.
The Travel House Group shops being sold are in areas where there is duplication with existing Lunn Poly branches. Staff will be transferred across to the new company under Morgan.
The move has also prompted Travel House Group head of retail Rob Young to leave TUI UK to work for Morgan.
TUI UK sales and marketing director Miles Morgan said the consolidation was to ensure the business was run as efficiently as possible.
"From a sales and marketing point of view it makes sense to market under fewer brands if we can," he added.
