TTA Worldchoice agents can gain investment in their individual businesses if they come up with money-spinning ideas.
The extra money available as a result of the deal will give agencies the opportunity to pursue innovative projects. They will need to come up with sound business plans to produce return for the agent and/or for the consortium.
TTA Worldchoice chairman Colin Heal said: “Some agents are very inventive but lack resources to launch projects themselves. It could £10,000 or £20,000 but it would be decided on a cost return basis.”
Worldchoice and Travel Trust Association agents are also being promised new financial tools and improved technology following this week’s merger.
Heal said: “TTA is very strong on financial services, such as bonding and insurance and there are plans to roll some of these out. There will also be developments in technology that will be beneficial to to Worldchoice and TTA members.”
Director Todd Carpenter added: “We will look at a whole host of opportunities. Around 30% of TTA members are new entrants to the market and will be interested in these opportunties.”