West Yorkshire-based subscription-based travel club utc.travel is expanding with a £275k investment from Finance Yorkshire’s growth fund.
The business will invest the money in its online platform, and create additional jobs at its customer service centre.
Chairman Stephen Knight and CEO Brett Norton say utc.travel’s target market is businesses and organisations wanting to offer club membership as an employee benefit. The company already has established corporate partnerships with John Lewis, the British Chambers of Commerce and DHL, as well as deals with other membership organisations.
Mr Knight said: “Our subscription membership model enables customers to book everything in one place with more flexibility, greater discounts with full customer service.”
Finance Yorkshire’s investment will enable utc.travel to employ more people at its Leeds-based customer service centre which is staffed by travel and hospitality experts.
Mr Knight added: “We value Finance Yorkshire’s partnership approach in that the investment comes with advice and expertise from its fund management team.”
Alex McWhirter, CEO of Finance Yorkshire, said: “Stephen and Brett have brought together a team of seasoned travel professionals to deliver an attractive proposition to consumers particularly via the employee benefit market. Our investment will support utc.travel’s growth ambitions at a time when today’s keen travellers are seeking the best deals.”
