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Major Travel Agencies Are on a Consolidation and Expansion Fast Track

February 04, 2020

Sparked by record sales and demographic trends, travel agency consolidation and expansion is happening at a fast pace. Just within the last few weeks, mergers between large and midsize agencies include Frosch International Travel’s acquisition of Luxe Travel, Direct Travel’s acquisition of Professional Travel, and Coastline Travel Group’s acquisition of World Travel Bureau. Other agencies, among them ProTravel, Ovation Travel, and Avoya Travel are expanding by opening new locations and/or beefing up efforts to increase their networks of independent travel advisors.