A Co-operative Travel employee
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Joint venture | |
Industry | Retail |
Headquarters | Peterborough, United Kingdom |
Products | Travel agent, Tour operator |
Owners |
Thomas Cook Group (70% stake) The Co-operative Group (30% stake) |
Website | co-operativetravel |
TCCT Retail Limited, trading asThe Co-operative Travel is a travel agent in the United Kingdom, run as a joint venture between the Thomas Cook Group, The Co-operative Group and Central England Co-operative. TCCT Retail is based at the Peterborough Business Park at Lynch Wood, Peterborough. It is a member of ABTA and holds an ATOL licence; it also acts as an agent for licensed Tour Operators. The brand is also used by independent retail co-operatives, through their access to The Co-operative brand. In 2016, Thomas Cook completed a buy-out of The Co-operative Group and Central England Co-operative's 33.5% shareholding. Thomas Cook is currently rebranding all TCCT / The Co-operative Travel branches to Thomas Cook branches. The website will close in November 2017 and all existing bookings transferred to Thomas Cook. Before the Thomas Cook takeover, customers could earn a share of the profits in proportion to purchases through The Co-op Membership scheme.
The Co-operative Wholesale Society opened its first Excursion Department in 1905, to work with railways, steamers, and tour operators to get the best rates for co-operative society’s excursions. In 1920, CWS arranged its first overseas excursion and published its first holiday guide. By the 1950s, the CWS Travel Service had become one of the five largest travel agencies in Britain and had begun to organise air travel for co-operative societies and their members.
CWS Travel became known as Travelcare when the Co-operative Wholesale Society merged with Co-operative Retail Services in 2000 to form The Co-operative Group. The Co-operative Travel was formed by the integration of the Manchester-based Travelcare business with United Co-operatives' Co-op Travel subsidiary on the merger of the two societies in 2007.