Under-pressure consumer-to-agent lead-gen serviceTripology has taken the unusual step of announcing it has a buyer before a deal is completed in full.
President and chief executive John Peters says the company has signed a Letter of Intent with a company to acquire the business, not just "invest".
The company, according to Peters, was one of a number who bid for the business and is "a name you all know".
"I fully expect this deal to be consummated (though it’s not official until it is). I CAN tell you Tripology is poised to continue on; bigger, better and stronger than ever."
The decision to announce a deal is on the table this early comes as Tripology's rivals step up their marketing activities during its suspension of commercial activity
Peters says as a gesture of goodwill to the agents in the system it will be offering free consumer travel leads until early-March.