The over-50s specialist said the restructure would reduce costs and maximise efficiency in touring, where it said the two brands’ product was already "highly complementary".
It also plans to create a new hotel stay operation due to be launched later this year.
Elsewhere, management of Saga’s cruising operations – ocean and river – will be centralised. This will see the current ocean cruise team take over management of river too.
Saga said the changes would incur restructuring costs of between £10 million to £15 million, which will be reflected in the group’s financials for the year ending 31 January 2022.
