James Ferrara, InteleTravel founder and chief executive, confirmed luxury travel had been on the US homeworking agency's radar for the past two or three years but insisted the business's efforts to gain a foothold in this market would accelerate significantly in the coming months.
Confirming the move to TTG, Ferrara said: "In times of economic stress, the luxury market still does well. It’s the middle and lower end of the market that sees the damage."