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Publishers of Travel Bulletin to close trade magazine but still looking for buyer

Screen Shot 2014-07-21 at 11.43.02 AMThe publishers of travel industry trade magazine The Travel Bulletin have announced the recent June edition will be its last.

In a statement on their website publishers Eddie Raggett and Ian McMahon said after 10 years they were reluctantly choosing to close the publication.

“The June 2014 issue of Travel Bulletin will be the final issue to be printed,” the publishers wrote. “In some respects we have made this decision reluctantly.”

“Travel Bulletin closes as a profitable and respected publication occupying a pre-eminent position as the Australian travel industry’s quality monthly journal of record. We take great pride in this achievement over nearly a decade of dedicated work and we do not lightly walk away from it.”

Raggett and McMahon cited health and lifestyle reasons as being behind the closure, adding: “We recognise that we will from time to time miss the adrenaline rush, the excitement and the emotional rewards of engaging in the day to day cut and thrust of travel industry publishing. But we have the satisfaction of fulfilling the adage – it’s best to quit while you’re on top.

“In the almost 10 years since we started Travel Bulletin, we have been fortunate to forge remarkable partnerships with companies, organisations and, above all, people right across the travel industry. To all of you, thank you so much. We have truly appreciated your support, counsel and friendship. We have enjoyed every moment of the journey with you and we wish you continued good fortune.”

It is understood attempts to sell the business have been unsuccessful. McMahon recently told Travel Weekly that: “If anyone wants to buy it still, all they need is a cheque book.”

The post announcing the closure notes that the publishers retain the intellectual property around the Travel Bulletin and invites offers.

According to its website Travel Bulletin employs three writers.

Nic Christensen 

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