Coffey is responsible for TTC’s Trafalgar, Costsaver, Insight Vacations and Luxury Gold brands in the UK and Ireland.

She will leave her post in May following a three-month notice period to seek new opportunities, a move she said had been inspired by the efforts of the country’s keyworkers over the past year.

“The past year has been unprecedented for us all in the travel industry, and at TTC we have been working tirelessly to support our agent partners, customers and our teams, while rebuilding consumer confidence to dream and book travel in 2021 and beyond," said Coffey.

"It has also been a time during which I have reflected on my personal goals and career direction. I have been proud to steer the team through this challenging period, but with the vaccine giving us a light at the end of the tunnel, I feel the time is right to make a change.

"I come from a family of public servants and have been humbled by the work that has been undertaken by key workers the world over during this time. It has inspired me to use my skills for a different purpose moving forward."

Gavin Tollman, global chief executive of Trafalgar and Costsaver, said: "I’d like to personally thank Rachel for her commitment and accomplishments during her time at Trafalgar and Costsaver, continuing to build our award-winning brands in the UK market despite the challenges of the global pandemic. We wish her all the best as she moves on to other opportunities."

Ulla Hefel Bohler, global chief executive of Insight Vacations and Luxury Gold, added: “We’re very grateful for Rachel’s enthusiasm, strategy, hard work and good humour, particularly during this challenging year.

"She leaves her team and the Insight Vacations and Luxury Gold brands in a strong position to build on our market share and excellent trade relationships as we emerge from this pandemic. We wish her every continued success."

Coffey will continue to support the brand and their sales and marketing teams while a succession plan and handover process is agreed to ensure continuity of service to the group’s trade partners.