Good Travel Management and CT Travel Group have merged to form a robust £85 million travel entity.
- John Good Group, the majority investor, facilitated this strategic merger to foster growth.
- The merger aims to enhance services in business travel, leisure, and other travel markets.
- Physical offices have been established in London, Kent, and Yorkshire to support operations.
- Key leaders from both companies continue to drive the vision forward.
In a notable business development, Good Travel Management (GTM) and CT Travel Group (CTTG) have merged, forming a significant £85 million turnover travel group. This strategic unification, backed by the Hull-based John Good Group, seeks to expand their footprint in business travel, incentive services, group and event planning, trade missions, and leisure travel. The newly formed group has set up physical offices in key locations including London, Kent, and Yorkshire, serving as pivotal operational hubs.
Good Travel Management, based in Hessle, Hull, has a longstanding reputation in the travel industry dating back to the late 1800s. Prior to the merger, GTM had already expanded by acquiring Wexas’ corporate travel business in 2023. This move positioned them as a preferred partner for business travellers, with a client-focused approach and extensive experience.
CT Travel Group, headquartered in Tunbridge Wells, brings to the merger a dynamic suite of services through its brands, including CT Business Travel, CT Groups Conferences & Incentives, CT Trade Missions, and Pettitts Travel. The merger is seen as a catalyst for growth, particularly in the corporate and leisure travel sectors, driven by a committed leadership team including Mark Kempster, the group’s founder.
Mark Kempster, who founded CTTG in 1988, expressed his enthusiasm for the merger, highlighting the values and potential growth opportunities that align with GTM. Kempster, along with Tom Kempster and Clare Collins, will continue as shareholders, maintaining key roles within the newly formed entity, signifying their confidence in the unified group’s future.
Adam Walsh, CEO of the John Good Group, articulated that the merger aims to set a new benchmark for travel companies by combining two respected entities. The integration promises advancements in innovation, sustainability, and exceptional service delivery in the travel sector. Walsh commended the entrepreneurial spirit and dedication of the CTTG team over the past 37 years and aligned this with John Good Group’s century-long heritage in the travel industry. Their shared ambition is to excel domestically and internationally, providing superior service to both business and leisure travellers.
The merger of Good Travel Management and CT Travel Group marks a significant step forward in the travel industry, promising enhanced services and growth potential.