Host journey company InteleTravel has acquired Hickory World Companions, a company journey alliance, to cater to demand for blended journey. The acquisition value was not disclosed.
“With the brand new mixing of leisure and enterprise journey, the concept of separate consortia for these markets is now outdated,” InteleTravel president James Ferrara stated. “This merger creates a single supply of benefits and help for all vacationers and the professionals who serve them – the consortium of the long run.”
Hickory will proceed working as its personal model “newly powered as a completely owned unit of InteleTravel.” InteleTravel expects to create greater than 100 jobs through the improvement of recent packages.
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Established in 1991, InteleTravel has a community of greater than 90,000 unbiased, home-based advisors throughout america, United Kingdom, Caribbean, Mexico and Republic of Eire, and is approaching $1 billion in gross sales. The Florida-based firm stated it has developed its personal reserving expertise for all verticals and packaging instruments together with cruises, low cost leisure lodge charges, short-term leases, low-cost air carriers and actions and leisure.
Hickory, whose members are company journey companies, company journey departments and companies, stated it negotiates with motels, airways, floor transportation firms and ancillary companions “to offer our members with the perfect charges, incentives and alternatives out there.”
Ferrara and Hickory president Chris Dane will work collectively to steer the deal with rising market alternatives and initiatives for systemwide development, together with a brand new Hickory enterprise journey training and certification program for InteleTravel advisors. Hickory additionally stated it’s going to increase InteleTravel advisors’ incomes alternatives with “enterprise travel-focused training, negotiated journey services by means of Hickory’s air portfolio, most popular lodge and facilities packages, expense administration instruments and ancillary provider partnerships.”
“We’ve got a imaginative and prescient for a consortium that leads into the following a long time with a contemporary view of enterprise and leisure vacationers, and benefits, expertise and provide for our members to fulfill these wants,” Dane stated. “InteleTravel’s sources and attain will assist us try this.”
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