Toronto-based host agency Travel Edge has joined the travel consortium TripArc after its membership with Virtuoso was terminated.
Travel Edge is No. 21 on Travel Weekly's 2020 Power List with 2019 sales of $750 million and more than 500 independent contractors.
In a statement, Travel Edge president Michael Johnson said, "We were deeply disappointed this week that Virtuoso made the decision to terminate Travel Edge's partnership with them. Since the announcement, we've been working tirelessly to minimize the disruptions to our advisors' business."
Virtuoso confirmed Travel Edge was no longer a member of the consortium, but declined further comment.
Johnson added that Travel Edge's "core mission of putting the advisor first and giving them the tools they need to exceed their clients' expectations while growing their earnings is unchanged. We're building for the future. Because we believe in the future of travel -- now more than ever."
The consortium TripArc, according to its website, has a network of around 47 companies with annual transaction volume in excess of $1 billion.
"Travel advisors are the important people in this travel industry, and it's time that a consortium valued them accordingly," Johnson said in a release about Travel Edge's new partnership with TripArc. "TripArc's new vision of a consortium, powered by innovative technology, means that advisors will not only continue to get their current level of benefits, but they'll enjoy increased opportunities to improve revenue, enjoy rewards and recognition and get the support they need."
TravelEdge posited the move to TripArc as part of its "longer-term transformation," which includes its proprietary ADX platform for advisors, training and support opportunities, a rewards and recognition program and access to Travel Edge's Limitless Digital Luxury Travel Conference.
This report was updated to note that Virtuoso terminated Travel Edge's membership.