Helloworld scores extension for federal government contract

Australia’s Department of Finance has extended its contract with Helloworld Travel subsidiary QBT for whole-of-government travel management services.

The lucrative contract has been extended for a one-year period from 1 July 2021 to 30 June 2022, and was made “pursuant to the contract extension arrangements put in place when QBT was originally appointed travel management service provider”, according to a statement by Helloworld.

The ASX-listed company claims to be seeing a “strong” recovery across all of its corporate businesses – namely QBT, TravelEdge, Show Travel and APX in New Zealand.

Helloworld’s total transaction value for corporate travel in April was up 580 per cent on the previous year.

“While still down 45 per cent on 2019 levels, the uptick was a positive outcome from the consistently open borders across both sides of the Tasman,” the company said.

In other positive news for Helloworld, its NZ-based retail and wholesale businesses are experiencing a “surge” in bookings following the announcement of the Cook Islands travel bubble with the Land of the Long White Cloud.

Featured image source: iStock/travellinglight