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Qantas acquires stake in TripADeal

Qantas Frequent Flyers can now use their points on a huge range of holiday packages in a deal that sees the national carrier take a majority shareholding in the Australian-made travel business, TripADeal.

The stake allows Qantas Loyalty to immediately expand its exposure to the estimated $13 billion online packaged holiday booking market, which is experiencing significant growth as leisure demand booms and the shift to e-commerce continues.

Over the past decade, TripADeal has built thousands of direct supplier relationships with hotels, tour operators, and other vendors that allow it to offer well-priced holiday packages both domestically and overseas. They also have their own tour guides based in over 30 countries.

TripADeal packages range from African safaris, Japanese ski trips, and exploring Antarctica, to South Australian wine tasting tours and Bali beach holidays.

All of these ready-made holidays can now be booked using Qantas Points, regardless of which airline is part of the package. Frequent Flyers will also earn three points for every $1 they spend with TripADeal and can also use ‘points plus pay’ to make their holiday happen sooner.

The combination of TripADeal’s success at curating holiday packages together with the reach of Qantas Loyalty’s 14-million member base, plus the opportunity to redeem and earn points, is projected to drive a significant increase in TripADeal’s revenue in the next few years.

Pre-COVID, TripADeal had an annual growth rate of more than 40 percent and in the 12 months prior to the pandemic, bookings were in excess of $200 million.  Monthly bookings are now significantly higher.

Qantas joins existing shareholders, the founders of TripADeal, and private equity firm BGH Capital, which bought a stake in 2020.

The full terms of the all-cash purchase are commercial in confidence. The agreement provides a mechanism for Qantas to acquire the remaining 49 percent of TripADeal in four years at an agreed multiple of TripADeal’s bookings at the time.

Frequent flyer offers with TripADeal

Holiday packages available for booking include:

  • 10-day tour of Japan including Qantas flights, accommodation in Tokyo, Osaka and Gifu plus a tour of Mt Fuji. Packages from 140,000 points + $1399 per person, twin share.
  • 9-day package to explore India’s famed Golden Triangle – Agra, Delhi and Jaipur, including Qantas flights, visits to the Taj Mahal and Chandni Chowk Market. Packages from 125,000 points + $1249 per person, twin share.
  • 17-day tour of Alaska, Yellowstone & The Rockies including Qantas flights, 7 night Glacier Experience cruise and visits to Yellowstone National Park, Vancouver and the Great Falls in Montana. Packages from 250,000 points + $2499 per person, twin share.

Frequent flyers can also book holiday packages using points only and will earn three points per dollar spent on all TripADeal packages.

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