Welcome!

News Feed Item

Aimia, a Global Leader in Loyalty, Invests in Spain's Travel Club

MONTREAL and MADRID, April 22, 2014 /PRNewswire/ --

Travel Club strengthens its expertise with the addition of Aimia as a program partner

Aimia Inc. (TSX:AIM) ("Aimia"), a global leader in loyalty management, has acquired a 25 per cent stake in Travel Club, Spain's largest coalition loyalty program.  Aimia, which operates loyalty programs in more than 20 countries, becomes a joint owner of Travel Club alongside Iberia, Repsol and Eroski.

Travel Club has 6 million members, 30 business partners and generated revenues of €40 million in 2013. Aimia will draw on its international experience to grow Travel Club's member base, deliver more value to members and attract partners from new sectors including finance, fashion, insurance and telecoms.

Aimia's expertise includes growing Nectar, the UK's leading coalition loyalty program, from a start-up company to a multi-national business in the space of ten years. Today, Nectar has a UK membership base of 19 million - more than 50 per cent of UK households. Aimia has also built a significant presence in the Italian customer loyalty market through Nectar Italia.

Aimia's wider coalition portfolio includes Aeroplan in Canada, as well as investments in Air Miles Middle East, Club Premier in Mexico, and China's first coalition loyalty program, China Rewards.

Jan-Pieter Lips, Regional President, EMEA, Aimia, said, "There is huge potential to take Travel Club into more households across Spain.  Consistent with our strategy in other markets, we'll be transporting the experience we have gained building Nectar into a major force in UK customer loyalty to help Travel Club's partners create deeper relationships with new and existing customers as Spain's economy continues to turn a corner."  

Santiago Pérez, Director General of Travel Club, said, "Customer loyalty has become even more important to businesses, and the opportunity to work with the most innovative organization in the industry marks a significant moment for Travel Club. Aimia's expertise in delivering smart, data-driven loyalty analytics worldwide makes the company a natural partner for us."

Marc Allsop, Senior Vice President, Head of Global Business Development, Aimia said, "We are delighted to be investing alongside some of Spain's largest companies in Europe's fifth largest economy to grow and strengthen Travel Club's customer and partner relationships."

The investment coincides with the launch of Travel Club's new strategic business plan. Aimia will be working with Travel Club to put this plan into action, which includes expanding Travel Club's user base and introducing more ways for customers to earn points. Travel Club will remain focused on generating more value for shareholders and better returns for current sponsor companies.

About Aimia  

Aimia Inc. ("Aimia") is a global leader in loyalty management. Employing more than 4,300 people in 20 countries worldwide, Aimia offers clients, partners and members proven expertise in launching and managing coalition loyalty programs, delivering proprietary loyalty services, creating value through loyalty analytics and driving innovation in the emerging digital, mobile and social communications spaces.

Aimia owns and operates Aeroplan, Canada's premier coalition loyalty program, Nectar, the United Kingdom's largest coalition loyalty program, Nectar Italia, and Smart Button, a leading provider of SaaS loyalty solutions. In addition, Aimia owns stakes in Air Miles Middle East, Mexico's leading coalition loyalty program Club Premier, Brazil's Prismah Fidelidade, China Rewards - the first coalition loyalty program in China that enables members to earn and redeem a common currency, and i2c, a joint venture with Sainsbury's offering insight and data analytics services in the UK to retailers and suppliers. Aimia also holds minority positions in Cardlytics, a US-based private company operating in card-linked marketing and Think Big, the owner and operator of BIG - AirAsia and Tune Group's loyalty program. Aimia is listed on the Toronto Stock Exchange (TSX: AIM). For more information, visit us at http://www.aimia.com.

About Travel Club 

Travel Club is the leading coalition consumer loyalty program in Spain. It was launched in 1996 and provides its partner companies with consumer behavior insight, advanced analytics and highly personalized communications. Collectors receive Travel Club points for their regular purchases that can afterwards be redeemed for an extensive portfolio of both Travel and Leisure rewards or selected merchandise items from premium brands. Currently, 6 million Spanish households are enrolled in Travel Club, with over 12 million individual card users. Travel Club shareholders are Iberia Airline, Grupo Eroski, Repsol, and Aimia.  Travel Club offers an unparalleled reach for Spanish consumers, with over 30 leading retail partner companies and 10,000 outlets throughout different verticals, plus over 180 online stores where they can obtain points.

The development of digital channels plays a key role in the current communication strategy of Travel Club. The website http://www.travelclub.es gets over 3 million visits per month and 70% of point redemptions are done on the web. 350,000 users have downloaded the Travel Club mobile app so far. Furthermore, Travel Club keeps an active presence in social networks, with over 250,000 followers on Facebook, and 1,000,000 regular players in regularly updated versions of Travel Club social games.

Travel Club is owned and operated by Air Miles España, S.A.

For further information, please contact:

Investor contacts:
Karen Keyes
Aimia
+416-352-3728

Media contacts:


Megan Ratcliffe
Aimia
+44(0)20-7152-4881

Elle Macgregor-Chatwin
Headland
+44(0)207-367-5215
[email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.