Advantage Travel Partnership has promoted Julia Lo Bue-Said to chief executive.
Lo Bue-Said has been managing director of the consortium for five years, having held leisure and commercial director roles at the business before that.
Her promotion follows the publication of Advantage Travel Centres accounts which show a net profit before tax of £321,000 and turnover of £20.9m.
The report also stated 20 new members had joined Advantage during 2017, with a combined turnover of £63.5m.
Steven Esom, Advantage’s non-executive chairman said: “Julia’s dedication and contribution to the growth of Advantage over the last four years has been significant and I’m thrilled to confirm Julia’s appointment as CEO.”
Lo Bue-Said said: “We are delighted at the performance of the group; creating a wealthy business on behalf of our member shareholders. We will continue driving forward in an ambitious manner as well as continuing to invest further in the group, an example of which was the acquisition made for the majority of shares last year in WIN.
“Our success factors are not however measured purely on the profits we make but on our ability to reinvest into the organisation, in our products and services, for the benefit of our members. Our investment in Advantage Holidays, Gateway2, increased member engagement and face to face visits, including our extended training and events programme are just some of the ways in which benefits have increased year on year.
“Given the financial strength of the organisation we see this as an opportunity to continually look at how we deliver a world-class proposition. Given the group’s performance, the Board are yet again recommending a dividend payment to our member shareholders.”
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