Expotel To Focus On Conference Division Growth
Expotel is looking to strengthen its sales and management team in the meetings and events division.
“We intend to grow our business in the meetings market and will be looking to recruit one or two key people to help with this,” said CEO, Ian Burnley. “The meetings market is obviously very flat at the moment but our long term growth plans remain in place and we hope to find the right people to add to the team during the autumn.”
“We are running a number of initiatives to ensure our customers have access to the deals currently available,” commented James Steventon, Expotel’s Sales and Marketing Director. “Although many customers’ spending levels have fallen, choosing the right venues for external meetings remains important,” he added.
“I would not rule out an acquisition to support our plans in the MICE market,” added Burnley, “however we are confident that we can grow this business organically by continuing to build our team. We will try and make additions to the team in sales and management roles over the coming months to help us take advantage of the opportunities open to us.”
Expotel books over one million room nights per annum in the UK and is the UK’s leading hotel and conference booking agent. Additional services are provided to cover air, rail and car hire to selected clients in both public and corporate sectors and Expotel is the seventh largest travel management business in the UK.
Expotel is a private business owned by its management team and Phoenix Equity Partners, a leading UK private equity investor. Phoenix supports UK headquartered growth businesses with capital from its committed £375m fund. Phoenix has invested in 27 companies since its formation in 2001, and in the majority of cases has supported these companies with additional capital to support growth and enhanced customer service. Phoenix’s current portfolio consists of 15 businesses, employing in aggregate over 8,000 staff and generating over £1 billion in revenues.
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