No industry fallout from JTGStella merger Concorde

first_imgResponding to claims that the proposed Jetset Travelworld Group (JTG) and Stella merger has led to industry disquiet, Stella’s Concorde Agency Network assured it was business as usual for its members.“[Our] members are independently owned and concentrate on running their business, supported by a ‘full service’ buying group with access to the best at source commissions,” Concorde said in a prepared statement. Concorde hit back against rumours that the proposed merger has affected its membership numbers saying, “Several independent groups…[are] already boasting surging membership numbers and target agent hit-lists.The reality is something different. Our members…understand that any potential merge will not affect their industry standing.” Concorde claimed it had deliberately reduced its membership by 25 per cent in the last 18 months in order to optimise costs for members and network suppliers. “Concorde does not tolerate dual membership and actively supports a membership that sells its suppliers’ products,” Concorde said.“This policy and constant reviews of member activity culminated in the distilled membership base with reduced cost of sale for both the network and suppliers.” <a href=”” target=”_blank”><img src=”;cb=INSERT_RANDOM_NUMBER_HERE&amp;n=a5c63036″ border=”0″ alt=””></a> Source = e-Travel Blackboard: G.Alast_img read more