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Advantage pays member dividend for third successive year

An improved annual profit has enabled the Advantage Travel Partnership to make a dividend payment to all members for the third consecutive year.


The payment, for the financial year 2012-2013, is £2.50 per share – a rise of 25% on the dividend for the previous 12 months.


The total average dividend payment is equivalent to a 25% reduction in the standard membership fee.


Managing director Julia Lo Bue-Said said: “Unlike other consortia, Advantage is wholly owned by its members and all its members own shares.


“In a year which saw considerable change within the organisation, it is encouraging that we achieved a strong enough profit, up 27% on the previous year, to enable us to make a dividend payment to members.”

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