Independent business travel management company Review Travel is adding an estimated £2 million in annual turnover with the take over of hotel and venue booking specialist, Executive Status.
The acquisition, for an undisclosed sum, will bolster the company’s bespoke business travel offering, with the six-strong Executive Status team bringing expertise and contacts in the conference and event travel sector.
Manchester-based Executive Status will relocate to Review Travel’s Wilmslow office, with founder Linda Cronshaw taking up the position of director.
She will be tasked with raising and improving Review Travel’s profile in the meetings, incentive, conferencing and events market.
Recently rebranded Review Travel, which employs 17 staff across its Cheshire, Lancashire and Hertfordshire offices, achieved a record turnover of £10.7 million last year.
Review Travel plans to seek further acquisition opportunities that strengthen its tailored business travel offering.
Chief executive, Christian Gleave, said: “Not only will this acquisition complement our service and extend our expertise, but increased buying power will also provide far greater cost-saving options for clients.
“Linda and her team are a perfect fit for Review Travel, bringing strong expertise, brilliant connections and huge enthusiasm for what they do.”
Cronshaw, added: “Being part of the Review Travel team allows us to combine our expertise to offer the complete business travel service. It’s truly exciting to be able to offer this to current clients.”