Extension of travel management services to Australian Government agencies

Helloworld Travel Limited (ASX: HLO) is pleased to announce that the Department of Finance has exercised its option to extend the Deed between the Department and QBT Pty Ltd (a wholly owned subsidiary of HLO) in relation to Travel Management Services for the Whole of Australian Government for a two-year period from 1 July 2019 to 30 June 2021.

This extension was made pursuant to the contract extension arrangements put in place when QBT was appointed travel management service provider for a four-year initial period commencing 1 July 2015.

There is a further one-year extension available at the option of the Department beyond 30 June 2021.

Nick Sutherland, Group General Manager corporate said "the extension was the result of the hard work and dedication by QBT's team in delivering excellent service and capability over the initial deed period".