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The Travel Corporation's not-for-profit TreadRight Foundation was established in 2008. [5] On 16th July 2024, The Tollman Family announced the sale of The Travel Corporation to Apollo Private Equity funds, a US-based asset management firm. The sale marks the end of the Tollman family's 104-year-long tenure of private ownership.
The new activities led to the creation of the World Travel & Tourism Human Resources Centre in Vancouver and the World Travel & Tourism Taxation Policy Centre in the United States. [5] In 1997, the WTTC organised the first Global Travel and Tourism Summit in Vilamoura, Portugal. [4] Membership in the organisation reached 100 the same year. [4]
In 1986, in anticipation of diversification, Noro was spun off and the remaining company was renamed BCD Holdings N.V. The company entered the travel industry in 1987 with the acquisition of WorldTravel Advisors, an Atlanta-based travel management company, [3] [self-published source?] and of off-airport parking operation Park 'N Fly in 1988.
In 2006, World Airways became a subsidiary of World Air Holdings, Inc. On April 5, 2007, World Airways returned to its Oakland and Bay Area roots where they were headquartered from 1956 to 1987. [7] It was later acquired by ATA Holdings, [8] which was renamed Global Aero Logistics, in a transaction valued at $315 million. [9]
From January 2008 to December 2012, if you bought shares in companies when Richard T. Burke joined the board, and sold them when he left, you would have a -5.2 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Activity World Travel and touring — [23] April 12, 2004: Egencia Travel agency — [24] July 15, 2008: Venere.com: Hotel Booking Engine € 200,000,000 [25] October 18, 2010: Mobiata Mobile App Developer — [26] July 21, 2011: Your Unlimited Adventures Travel Management Company $ 11,400,000 — [27] April 27, 2012: VIA Travel Travel ...
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [3]
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