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Travel Counsellors | March 12, 2018
Travel Counsellors plans to recruit at least another 200 agents this year after Thomas Cook announced plans to close 27 shops, putting 210 jobs at risk of redundancy. The company appealed to agents losing their jobs at Thomas Cook to get in touch and is running mini-conferences next month across the UK to those looking to find out more about operating their own travel franchise as part of the global company. Sitting alongside the Travel Counsellors annual conference, which will be held in...
Equistone Partners Europe | March 05, 2018
Private equity firm Equistone Partners Europe, which took a stake in Travel Counsellors in 2014, is acquiring a majority shareholding in French travel firms Karavel-Promovacances and FRAM for an undisclosed sum. Karavel-Promovacances is the leading online tourism group in France with more than seven million unique visitors across all of its platforms. The group owns specialized brands in distinct segments, including its flagship brand Promovacances as well as ABCroisiere and Partir Pas Ch...
Travel Trends Today | January 16, 2020
EbixCash, a fully owned subsidiary of Ebix, announced a strategic travel technology partnership with Amadeus to grow its footprint across the Asia Pacific region and UAE and become a one-stop shop for travel. The partnership will provide EbixCash’s online websites, travel agents and corporations in Asia Pacific and UAE with greater access to the unrivalled breadth of content offered by the Amadeus Travel Platform, enabling EbixCash to better serve its customers. Built on fully open systems...
Travel Weekly | January 14, 2020
Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...
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