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The Travel Network Group

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Namestring
The Travel Network Group
Legal namestring
The Travel Network Group
Company typeenum
Private
Founded yearint
2011
Descriptiontext

The Travel Network Group (TTNG) is a UK-based, privately held travel industry consortium and B2B network headquartered in Woking, operating with 51-100 employees. It serves independent travel agencies and tour operators in the UK and Europe by providing centralized services, commercial arrangements, and—most recently—specialized payment infrastructure. The company monetizes through its consortium model, member services, and ownership of acquired agency brands, including the Travel Trust Association (acquired 2016) and Destina Travel (acquired 2020). Its customer base is horizontal across travel agencies, tour operators, and distressed travel businesses requiring rescue capital.

TTNG's core technology offering sits in payment processing for the UK travel trade, delivered through a strategic partnership with Australia-based fintech Mint Payments signed in October 2025. The platform provides multi-currency handling, embedded payment acceptance integrated with booking systems, risk management tools, and Mint Protect—a financial guarantee product shielding agents from chargebacks and supplier failures. Through this partnership, TTNG has secured supplier status within ABTA, the UK's largest travel trade body representing over 4,300 travel brands selling more than £40 billion in holidays annually. The company has also pursued opportunistic consolidation, acquiring Tripsmiths and its subsidiary TS Travel out of administration in May 2026 to absorb African safari and European tour inventory while protecting customer bookings.

TTNG's business model combines consortium member fees and commercial arrangements with payment-referral economics from the Mint relationship and direct revenue from owned/operated travel brands. Its go-to-market leverages the ABTA-affiliated agent network, industry trade publications, and B2B travel consortia channels. The firm has executed a long-running, programmatic acquisition cadence focused on distressed or complementary UK travel assets, suggesting a roll-up-plus-platform strategy. Ownership structure is undisclosed; no parent company, institutional investors, or venture backing has been identified.

Short descriptiontext

The Travel Network Group is a UK-based B2B travel consortium serving independent travel agencies and tour operators, providing member services, payment infrastructure via a Mint Payments partnership, and owned tour-operator brands acquired through roll-up activity.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersWoking, United Kingdom
HQ citystring
Woking
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
travel agency consortium, travel trade network, payment processing services, multi-currency payment handling, tour operator support
Industry4 codes
1Travel Payments & Virtual Cards for Corporate Travel
CodeTHALAMAJPrimaryYes
2Corporate Travel Payment Orchestration & Routing (Multi-issuer, Multi-rail)
CodeTHACAJADPrimaryNo
3Corporate Billing, Statements, Chargeback & Dispute Management
CodeTHACAJAJPrimaryNo
4Payment Solutions for Corporate Travel (Virtual Cards, Lodge Cards, Central Billing)
CodeTHAKAMANPrimaryNo
NAICS code2 codes
  • Travel Agencies561510
  • Tour Operators561520
Product category
Travel Trade Network Services
Social media profiles1 record
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Travel Network Group operates a UK-based travel agency consortium/network that provides independent travel agencies and tour operators with centralised services, commercial arrangements, operational support, and payment infrastructure. Through its 2025 partnership with Mint Payments, TTNG delivers multi-currency payment processing, embedded payment acceptance integrated with booking systems, and the Mint Protect financial guarantee product that shields agents from chargebacks and supplier failures.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Mint Payments processes approximately AUD 3.5 billion in transactions annually in Australia and New Zealand
+1 more record
Product overview1 text field

The Travel Network Group (TTNG) is a UK-based travel agency consortium/network. TTNG operates as a centralized network providing services, support, and commercial arrangements for independent travel agencies and tour operators. The company has expanded through acquisition, including the purchase of Tripsmiths and its subsidiary TS Travel following their administration. TTNG has partnered with Mint Payments to provide specialized payment solutions to its member agencies.

Product and service3 records
1TTNG Travel Network Membership / Consortium Services
CategoryTravel Trade Network Services
2Payment Processing Solutions (via Mint Payments partnership)
CategoryPayment Processing
3Mint Protect Financial Guarantee
Partnership2 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-10-01
Description

Mint Payments, an Australia-based travel industry fintech, partnered with The Travel Network Group to expand into the UK travel industry. The partnership offers specialized payment solutions including multi-currency handling, risk management, embedded payment acceptance, and Mint Protect for chargeback and supplier failure protection. Mint Payments processes approximately AUD 3.5 billion in transactions annually in Australia and New Zealand.

Strategic tierFlagshipTypeTechnology or IntegrationAnnounced on2025-10-01
Description

Through the Mint Payments partnership, The Travel Network Group gains access to ABTA's network. ABTA is the UK's largest travel trade body representing over 4,300 travel brands that collectively sell more than GBP 40 billion in holidays annually. The partnership confirms Mint meets ABTA's supplier requirements for experience, expertise, and professional standards.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

UK-based travel agency consortium serving independent agents and tour operators with commercial, marketing, and supplier-negotiated services. Most directly comparable to TTNG as a member-driven UK travel network targeting the same independent agency segment.

TypeDirect peer
Description

UK travel agent consortium providing commercial support, technology, and supplier relationships to a network of independent travel agencies. Direct structural peer to TTNG's consortium model in the same UK market.

TypeDirect peer
Description

UK-headquartered homeworking travel agency network with hundreds of franchisee counsellors selling leisure and corporate travel. Comparable to TTNG in providing a centralized platform, back-office, and payment infrastructure to independent travel sellers in the UK.

TypeDirect peer
Description

UK-based virtual card and payment technology provider specializing in travel industry payment automation and reconciliation. Closest technology peer to the Mint Payments stack TTNG resells into the UK travel market.

TypeBroad incumbent
Description

Lufthansa Group-owned corporate travel payment specialist offering lodge cards, virtual cards, and central billing for corporate travelers. Comparable as a broader incumbent in the same travel-payments category TTNG targets through Mint.

TypeBroad incumbent
Description

Global travel management company (part of Emirates Group) operating leisure and corporate travel businesses with significant UK presence. Comparable as a larger incumbent serving overlapping UK travel agency and tour operator customers.

TypeBroad incumbent
Description

Large global corporate travel management platform with embedded payments, virtual cards, and supplier payments. Comparable as a broad incumbent offering overlapping travel-payment infrastructure, though focused on corporate rather than leisure agencies.

TypeEmerging player
Description

Cloud-based travel platform offering booking, payments, and supplier connectivity as an alternative to legacy TMCs. Comparable as an emerging tech-first travel-payments and booking infrastructure player; however, focuses on corporate travel rather than UK independent agencies.

TypeBroad incumbent
Description

Global corporate travel management provider with embedded payments and supplier settlement capabilities across multiple geographies. Comparable as a broad incumbent in travel payments and TMC services.

TypeOthers
Description

Global commercial payment solutions provider including virtual cards and B2B payments, with exposure to travel vertical. Adjacent to TTNG as an enabling payment infrastructure provider rather than a direct competitor in the UK agency market.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Travel Network Group

Travel Trade Network Servicesthetravelnetworkgroup.co.uk

The Travel Network Group is a UK-based B2B travel consortium serving independent travel agencies and tour operators, providing member services, payment infrastructure via a Mint Payments partnership, and owned tour-operator brands acquired through roll-up activity.

What The Travel Network Group does

The Travel Network Group (TTNG) is a UK-based, privately held travel industry consortium and B2B network headquartered in Woking, operating with 51-100 employees. It serves independent travel agencies and tour operators in the UK and Europe by providing centralized services, commercial arrangements, and—most recently—specialized payment infrastructure. The company monetizes through its consortium model, member services, and ownership of acquired agency brands, including the Travel Trust Association (acquired 2016) and Destina Travel (acquired 2020). Its customer base is horizontal across travel agencies, tour operators, and distressed travel businesses requiring rescue capital.

TTNG's core technology offering sits in payment processing for the UK travel trade, delivered through a strategic partnership with Australia-based fintech Mint Payments signed in October 2025. The platform provides multi-currency handling, embedded payment acceptance integrated with booking systems, risk management tools, and Mint Protect—a financial guarantee product shielding agents from chargebacks and supplier failures. Through this partnership, TTNG has secured supplier status within ABTA, the UK's largest travel trade body representing over 4,300 travel brands selling more than £40 billion in holidays annually. The company has also pursued opportunistic consolidation, acquiring Tripsmiths and its subsidiary TS Travel out of administration in May 2026 to absorb African safari and European tour inventory while protecting customer bookings.

TTNG's business model combines consortium member fees and commercial arrangements with payment-referral economics from the Mint relationship and direct revenue from owned/operated travel brands. Its go-to-market leverages the ABTA-affiliated agent network, industry trade publications, and B2B travel consortia channels. The firm has executed a long-running, programmatic acquisition cadence focused on distressed or complementary UK travel assets, suggesting a roll-up-plus-platform strategy. Ownership structure is undisclosed; no parent company, institutional investors, or venture backing has been identified.

The Travel Network Group firmographics

Firmographics
Name
The Travel Network Group
Legal name
The Travel Network Group
Website
https://thetravelnetworkgroup.co.uk
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
101–250 employees
Short description
The Travel Network Group is a UK-based B2B travel consortium serving independent travel agencies and tour operators, providing member services, payment infrastructure via a Mint Payments partnership, and owned tour-operator brands acquired through roll-up activity.
Ownership category
akta.pro rank

The Travel Network Group industry classification

Industry
Product category
Travel Trade Network Services
NAICS
Travel Agencies (561510), Tour Operators (561520)
akta.pro primary industry
Travel Payments & Virtual Cards for Corporate Travel (THALAMAJ)
akta.pro secondary industries
Corporate Travel Payment Orchestration & Routing (Multi-issuer, Multi-rail) (THACAJAD), Corporate Billing, Statements, Chargeback & Dispute Management (THACAJAJ), Payment Solutions for Corporate Travel (Virtual Cards, Lodge Cards, Central Billing) (THAKAMAN)

Keywords

  • Travel agency consortium
  • Travel trade network
  • Payment processing services
  • Multi-currency payment handling
  • Tour operator support

Where The Travel Network Group is headquartered

Location

Headquarters

HQ city
Woking
HQ country
United Kingdom
HQ region
Europe

Markets served

The Travel Network Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels2 records

The Travel Network Group product offering

Product offering

Core offering

The Travel Network Group operates a UK-based travel agency consortium/network that provides independent travel agencies and tour operators with centralised services, commercial arrangements, operational support, and payment infrastructure. Through its 2025 partnership with Mint Payments, TTNG delivers multi-currency payment processing, embedded payment acceptance integrated with booking systems, and the Mint Protect financial guarantee product that shields agents from chargebacks and supplier failures.

Product overview

The Travel Network Group (TTNG) is a UK-based travel agency consortium/network. TTNG operates as a centralized network providing services, support, and commercial arrangements for independent travel agencies and tour operators. The company has expanded through acquisition, including the purchase of Tripsmiths and its subsidiary TS Travel following their administration. TTNG has partnered with Mint Payments to provide specialized payment solutions to its member agencies.

Differentiator

Problem solved

Functional benefit

Products and services

  • TTNG Travel Network Membership / Consortium Services
  • Payment Processing Solutions (via Mint Payments partnership)
  • Mint Protect Financial Guarantee

Quantifiable outcome

  • Mint Payments processes approximately AUD 3.5 billion in transactions annually in Australia and New Zealand
  • +1 more outcomes

Companies that use The Travel Network Group

Customer profile

Segments3 records

Ideal customer profiles3 records

The Travel Network Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

The Travel Network Group partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and flagship.

  • Mint PaymentscoreTechnology or Integration · 1 October 2025Mint Payments, an Australia-based travel industry fintech, partnered with The Travel Network Group to expand into the UK travel industry. The partnership offers specialized payment solutions including multi-currency handling, risk management, embedded payment acceptance, and Mint Protect for chargeback and supplier failure protection. Mint Payments processes approximately AUD 3.5 billion in transactions annually in Australia and New Zealand.
  • ABTAflagshipTechnology or Integration · 1 October 2025Through the Mint Payments partnership, The Travel Network Group gains access to ABTA's network. ABTA is the UK's largest travel trade body representing over 4,300 travel brands that collectively sell more than GBP 40 billion in holidays annually. The partnership confirms Mint meets ABTA's supplier requirements for experience, expertise, and professional standards.

Recent moves5 records

Expansion highlights5 records

The Travel Network Group competitors and assessment

Company assessment

Direct peers

  • Advantage Travel Partnership: UK-based travel agency consortium serving independent agents and tour operators with commercial, marketing, and supplier-negotiated services. Most directly comparable to TTNG as a member-driven UK travel network targeting the same independent agency segment.
  • Global Travel Group: UK travel agent consortium providing commercial support, technology, and supplier relationships to a network of independent travel agencies. Direct structural peer to TTNG's consortium model in the same UK market.
  • Travel Counsellors: UK-headquartered homeworking travel agency network with hundreds of franchisee counsellors selling leisure and corporate travel. Comparable to TTNG in providing a centralized platform, back-office, and payment infrastructure to independent travel sellers in the UK.
  • Conferma Pay: UK-based virtual card and payment technology provider specializing in travel industry payment automation and reconciliation. Closest technology peer to the Mint Payments stack TTNG resells into the UK travel market.

Broad incumbents

  • AirPlus International: Lufthansa Group-owned corporate travel payment specialist offering lodge cards, virtual cards, and central billing for corporate travelers. Comparable as a broader incumbent in the same travel-payments category TTNG targets through Mint.
  • dnata Travel: Global travel management company (part of Emirates Group) operating leisure and corporate travel businesses with significant UK presence. Comparable as a larger incumbent serving overlapping UK travel agency and tour operator customers.
  • American Express Global Business Travel (Amex GBT): Large global corporate travel management platform with embedded payments, virtual cards, and supplier payments. Comparable as a broad incumbent offering overlapping travel-payment infrastructure, though focused on corporate rather than leisure agencies.
  • Corporate Travel Management (CTM): Global corporate travel management provider with embedded payments and supplier settlement capabilities across multiple geographies. Comparable as a broad incumbent in travel payments and TMC services.

Emerging players

  • Spotnana: Cloud-based travel platform offering booking, payments, and supplier connectivity as an alternative to legacy TMCs. Comparable as an emerging tech-first travel-payments and booking infrastructure player; however, focuses on corporate travel rather than UK independent agencies.

Others

  • WEX Inc. Global commercial payment solutions provider including virtual cards and B2B payments, with exposure to travel vertical. Adjacent to TTNG as an enabling payment infrastructure provider rather than a direct competitor in the UK agency market.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

The Travel Network Group social profiles

Digital presence

The Travel Network Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Travel Network Group leadership team

Management profile

Number of profiles

The Travel Network Group subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

The Travel Network Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Travel Network Group M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Travel Network Group

What does The Travel Network Group do?

The Travel Network Group operates a UK-based travel agency consortium/network that provides independent travel agencies and tour operators with centralised services, commercial arrangements, operational support, and payment infrastructure. Through its 2025 partnership with Mint Payments, TTNG delivers multi-currency payment processing, embedded payment acceptance integrated with booking systems, and the Mint Protect financial guarantee product that shields agents from chargebacks and supplier failures.

Is The Travel Network Group a public or private company?

The Travel Network Group is a private company. It is classified as unknown and is currently operating.

When was The Travel Network Group founded?

The Travel Network Group was founded in 2011. It employs 101 to 250 people.

Where is The Travel Network Group based?

The Travel Network Group is headquartered in Woking, United Kingdom, in the Europe region.

Who are The Travel Network Group's main competitors?

Direct peers on record are Advantage Travel Partnership, Global Travel Group, Travel Counsellors and Conferma Pay. Broad incumbents are AirPlus International, dnata Travel, American Express Global Business Travel (Amex GBT) and Corporate Travel Management (CTM). Spotnana is listed as an emerging player. WEX Inc. is listed as an others.

Does The Travel Network Group have an API?

No public API is recorded for The Travel Network Group.

What industry is The Travel Network Group in?

The Travel Network Group's product category is Travel Trade Network Services. Its primary akta.pro industry code is THALAMAJ, Travel Payments & Virtual Cards for Corporate Travel, with a secondary code of THACAJAD, Corporate Travel Payment Orchestration & Routing (Multi-issuer, Multi-rail). Its NAICS code is 561510.

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Live signals
Streamline FeedTripsmiths Enters Administration But Secures Rescue DealBritish tour operator Tripsmiths and its subsidiary TS Travel entered administration, prompting an immediate buyout by The Travel Network Group (TTNG) to protect customer bookings and financial interests. The acquisition ensures the continuation of scheduled trips and protects consumer funds, particularly impacting African safaris and European tours, amid broader economic challenges post-pandemic.TravelweeklyThe Travel Network Group buys TTA member Tripsmiths and TS TravelThe Travel Network Group acquired TS Travel and Tripsmiths from administrators, forming Tripsmiths Travel. All bookings are honoured and customer monies protected by TTA. The company plans over 50 departures for 2026-2027.TtgmediaLloyd Cross: 'The more AI comes into play, the more people will want to buy from agents' | TTGLloyd Cross joined The Travel Network Group (TTNG) as Chief Commercial Officer and outlined his plans to build quality supplier relationships for TTNG's 1,000+ agent members, drawing on the relationship-building approach he developed during 13 years at Jet2holidays. TTNG is rolling out its Vision platform—a system created by a Travel Trust Association agent member that consolidates leads, bookings, payments, analytics, and AI-powered document personalization—with 35-40% of members currently using it ahead of a full migration target. Cross expressed an upbeat outlook on the future of travel agents amid AI adoption, predicting that personal customer relationships will become more valuable as technology handles transactions.