The Travel Corporation (TTC) has announced key leadership changes for its Asia office which will take effect from November 9, 2020.
Incumbent Managing Director Nicholas Lim will pass the leadership baton on to Anthony Lim, currently Insight Vacations and Luxury Gold Managing Director. Nicholas Lim will exit the organization effective from November 14, 2020. Travel industry veteran Robin Yap will remain as Chairman-Emeritus, as a special advisor to the company in support of Anthony’s transition in his new management role.
Anthony will continue to manage the Insight Vacations and Luxury Gold brands in Asia, taking on a dual leadership role as both President for The Travel Corporation Asia and Managing Director, Asia for Insight Vacations and Luxury Gold. He will oversee the company’s day-to-day operations and will work with TTC’s global brand executives to steer the business transformation for Asia geared towards ensuring the organisation’s resilience. Anthony Lim has a wealth of experience across both the travel and hospitality industry, gained through a long and successful career in senior executive roles across both healthcare, hospitality and the airline industry.
“I’ve worked with Nick throughout his outstanding tenure as Managing Director and I’ve always valued his focus and vision to expand the business here in Asia. Unfortunately, he has decided to leave the company after over a decade working together, to pursue new opportunities outside the travel industry and we wish him every success for the future,” said Brett Tollman, Global Chief Executive for The Travel Corporation. “I am confident that Anthony Lim will be able to transition quickly in this new role as he takes up the mantle as President for our Asia office. Anthony has demonstrated his invaluable contribution in the company as part of our management team. I am confident in his leadership as our Asia office enters the next phase of growth and transformation.”
“Brett’s decision to make an internal succession appointment to allow for a seamless handover was an important one as we remain committed to lead our people and our industry partners to cope with the current challenges and emerge stronger. Anthony has the leadership track record and extensive industry experience which we believe will be critical as we embark on our next phase of long-term, sustainable growth. I look forward to working with him and our senior leadership team to navigate through the economic challenges and stay focused on travel recovery. At the same time, I want to extend our deep appreciation to Nicholas Lim for his invaluable contributions to TTC.” said Robin Yap, Chairman-Emeritus, The Travel Corporation Asia.
Reflecting on his appointment, Anthony said: “It is an honour to become President of TTC Asia and Managing Director of our premium and luxury guided travel brands, Insight Vacations and Luxury Gold. The Travel Corporation has tremendous market credibility with our partnerships built on trust, and our brands stand for excellence as we place our customers at the absolute centre of everything we do. With change comes opportunity, and I am excited to work closely with our talented and passionate team here in Asia to build on our strengths as we transform the business and unlock future growth opportunities. Our “Peace of Mind” promise, operational expertise and innovations such as wellbeing directors and booking flexibility will resonate strongly in this current climate, as we look forward to warmly welcoming back our guests when travel resumes.”
TTC is a highly successful, stable family-owned and passionately run international group of 40 award-winning brands, celebrating its first 100th Anniversary this year. The company’s exceptional portfolio of brands spans across 70 countries includes Trafalgar, Insight Vacations, Contiki Holidays, Costsaver, AAT Kings, and its luxury brands Uniworld Boutique River Cruise Collection, Luxury Gold, Inspiring journeys and Red Carnation Boutique Hotel Collection – 20 luxury five and four-star boutique hotels in the UK (including six in London), Ireland, Channel Islands, USA, Switzerland and Africa. The financial strength and future longevity of the business is backed by unencumbered fixed assets in excess of US$300,000,000 as of December 31, 2019.
During this difficult time where COVID-19 pandemic has impacted outbound travel with closed borders, The Travel Corporation (TTC) has redoubled its commitment to sustainable and regenerative tourism, alongside its more than 40 brands and has launched How We Tread Right (HWTR), its new 5-year sustainability strategy that includes 11 goals designed to advance TTC’s efforts to address climate change, overtourism and animal welfare. The strategy outlines initiatives to strengthen efforts that address sustainable food production, responsible consumption, and diversity and inclusion.
A core component of the strategy is the launch of Make Travel Matter (MTM) Experiences, which have been identified using an industry first, proprietary assessment tool. This tool measures each experience against criteria that take direction from the United Nations Sustainable Development Goals (SDGs). Make Travel Matter (MTM) Experiences allow TTC’s award-winning brands, including Insight Vacations, Trafalgar, Contiki, Uniworld, Luxury Gold and Red Carnation Hotels, to identify experiences by the positive impact they have on destinations and the way in which those experiences directly advance the UN’s SDGs.