This article is part of our airport food survival guide, which includes tips and tricks—even a hot take or two—that challenge the notion that airport meals are always dull, overpriced, and tasteless.
24.06.2024 - 22:09 / travelweekly.com
Since April 2023, InteleTravel has acquired corporate-focused consortium Hickory Global Partners, events company McVeigh Global Meetings & Events and, most recently, U.K.-based tour operator Major Travel.
And the Delray Beach, Fla.-based company is hungry for more.
"It's a market-coverage strategy that relies on integrating new markets," InteleTravel co-founder and president James Ferrara said.
While the host agency has historically focused on leisure travel, its recent spate of acquisitions has opened the worlds of corporate travel, meetings and events and even product, a first for InteleTravel. Indeed, the latter category -- travel product, such as cruises and tours — is one that Ferrara views as a priority in terms of potential acquisitions.
"Product is still a very interesting category for us," he said. "Beyond that, it's adding capabilities, competencies that we don't currently have. Now, that might be technology-based or it might be vertical-based on the product side."
InteleTravel did have its eyes set on another company: Ferrara said InteleTravel attempted to buy American Queen Voyages after its bankruptcy but was ultimately unsuccessful (American Cruise Line ended up acquiring its ships).
Tara Minson, InteleTravel's executive vice president, said the company's goal is not to be the biggest.
"We're looking to be the best at what we do and what we promise," Minson said. "So all of our growth, we're not looking to just roll up companies to roll it up because we can write a big, fat check. It's strategic, purposeful growth."
The acquisitions provide expanded opportunities and benefits to the host agency and its advisors. With Major Travel, that means ensuring its advisors get the best offer on the market, or "most favored nation status," Ferrara said.
InteleTravel can also ensure Major Travel develops products and services based on advisor needs.
McVeigh offers resources for advisors planning group trips, Minson said. And Hickory helps build a bridge for advisors interested in selling corporate travel.
"It gives our advisors more product to sell -- really, another line of business to sell," Ferrara said.
But the new additions will also benefit from the acquisitions.
For instance, there are plans to grow Major Travel that will not only serve InteleTravel advisors but also its other agency customers. Ferrara also pointed out that though InteleTravel has acquired Major, it doesn't signify a move to stop working with other tour operators.
InteleTravel in April launched loyalty program IntelePerks for advisors, which Ferrara said was well received as a form of additional compensation. Next up is a smartphone app for Android and iOS.
Geographic expansion is next on the table.
Years ago, InteleTravel
This article is part of our airport food survival guide, which includes tips and tricks—even a hot take or two—that challenge the notion that airport meals are always dull, overpriced, and tasteless.
Finnair is showing off its new Schengen Lounge at Helsinki-Vantaa Airport (HEL) that's slated to open on July 9. The lounge will primarily serve customers traveling on short-haul flights within Europe and passengers connecting in Helsinki from the U.S. and traveling onward to Finland's Lapland and the wider Nordic and Baltic regions.
Blackstone, one of the world’s largest real estate investors, said Wednesday it had acquired Village Hotels from KSL Capital Partners, a private equity firm specializing in travel and leisure. The deal expands Blackstone’s footprint in the British travel sector amid an apparently growing consumer demand for experiences over goods.
Earlier this year a surge of Chinese visitors during the Lunar New Year holiday signalled a thaw after the pandemic’s chill. And this influx is now expected to gain momentum throughout the auspicious Year of the Dragon, fuelled by a predicted near-doubling of outbound Chinese trips in 2024. Oxford Economics forecasts a return to nearly 80% of pre-pandemic levels, heralding a vibrant revival of China-Europe tourism.
CLEAR, an authorized TSA PreCheck enrollment provider, now offers 27 TSA PreCheck enrollment locations at airports across the United States, and has expanded this service to seven new airports.
Ambassador Cruise Line is expanding into North America.
WHY IT RATES: World of Hyatt members will soon be able to have more choices when they book accommodations in New Orleans, both part of the Independent Collection of brands. — Lacey Pfalz, Associate Writer, TravelPulse
As an Orlando local and former Disney World employee, I visit the parks at least once a week.
China is opening its doors even wider to the world. Australia is now the latest country to join China’s expanding visa waiver program.
People who paid nearly $1,400 for an annual pass to Disneyland will begin receiving checks in the mail this month from a $9.5 million settlement of a class-action lawsuit that accused Disney of misleading customers into believing that the program carried “no blockout dates.”
Lindblad Expeditions Holdings, Inc. ( the “Company” or “Lindblad Expeditions”), recognized global leader of adventure travel and the pioneer of modern expedition cruising, today announced that it has added two purpose-built Galápagos expedition vessels to join the Lindblad Expeditions-National Geographic fleet.
Luxury cruise line Lindblad Expeditions is expanding its presence in the Galapagos with plans to buy two ships from fellow cruise line Celebrity Cruises. Lindblad will purchase both the 48-guest Celebrity Xpedition and the smaller, 16-guest Celebrity Xploration for the Lindblad Expeditions-National Geographic fleet, the company announced Wednesday. Following the sale, which is expected to close in January 2025, both ships will undergo multi-million dollar renovations. Each ship was purpose-built for the Galapagos. «We recognize and appreciate the immense privilege our company has to operate and grow our expedition cruise offerings in the Galápagos Islands,» Sven-Olof Lindblad, the founder and CEO of Lindblad Expeditions, said in a statement. «By sourcing well-appointed vessels and onboarding the most experienced crew and staff who meet our exacting standards of responsible exploration, we're able to transport guests from around the world to the iconic archipelago and help them understand the importance of protecting and preserving its wonders and wildlife, as a consequence of their personal experience.»