Managing director Qasim Gulamhusein has confirmed he will retain his shareholding and continue to lead the company, which will remain trade-only.
InteleTravel said Major would be able to leverage its global agent community to enhance its buying power and secure exclusive supplier contracts.
The homeworking business argued its acquisition would help every UK and Irish travel agent to compete more effectively against direct-sell operators.
InteleTravel confirmed a recruitment drive was under way to double the size of Major Travel’s team by the end of the year, alongside plans to get Major’s premium and long-haul holidays onto its booking platform.
“Our vision is to become the leading trade-exclusive tour operator in the UK within the next five years,” said Gulamhusein.
“The biggest winner from this investment will be UK and Irish travel agents, who will gain access to an enhanced product range and an increase in expert in-house advisors for every region worldwide, supporting them and their clients’ itineraries.
“Our expanded buying power will enable us to negotiate exclusive rates with airlines and hotels globally, creating a shift where direct-sell operators will struggle to compete with travel agents.”
He added: “This investment will allow us to further develop our mobile-friendly booking platform, Major Go, with new tools designed to help travel agents sell more effectively.”
