The retail giant announced Monday that it will no long be offering travel packages for its customers in the coming months.
The company said that the new policy will help reduce costs and keep customers in their seats when traveling in the holiday season.
Travel packages are available in select Costco locations and will be available for purchase on Feb. 16.
Costco will begin to roll out travel packages beginning Jan. 26.
The move will help to help reduce the number of travel packages available for the holidays, and the company said it will not be making any more travel packages in the near future.
Costco said that in the first half of 2018, it had more than 12 million customers in more than 80 countries and more than $8 billion in revenue.
Costco CEO Kevin McBride said the decision to stop offering travel offers in January was “a hard decision for us to make.”
Costco spokeswoman Lauren Curns said the company will offer a number of other travel options starting in January.
“We are committed to continuing to offer our customers the best value and the most enjoyable travel experience, and we are happy to continue to offer travel as an option,” Curn-McBride said in a statement.
McBride, who has been on the job since May 2018, will serve as the CEO of Costco for the next year.
Costo said that as of Monday, about 1.4 million people have used the company’s Travel Rewards program.