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The companies’ escorted and independent vacations offer nearly 10,000 departures and over 400 different itineraries, covering more than 65 countries on six continents. Combined, the travel brands carry nearly 500,000 passengers per year, making Globus the largest tour operator worldwide. [8]
In 1987, the company changed its name from Cosmos Tours to Cosmos Holidays. In September 1991, the Globus Travel Group acquired 80% of Avro Plc, a flight-only company set up by Paul Dendle. This acquisition enhanced the company's charter seat-only presence in the market. In 1994, the Globus Group acquired the remaining 20%.
The company also embarked on a heavy redundancy exercise and reduction of payroll mainly aimed at onboard cabin management in preparation for the company sale in October 2014. On 24 October 2014, Monarch Holdings was acquired from the Globus Travel Group by the private investment company and turnaround specialist Greybull Capital. This purchase ...
In addition to our great financial performance, Globus launched four new products in Q3 across our businesses, reaching 13 product launches year to date and more to come this year.
Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. Other discount airlines ...
Corporate travel management is the function of managing a company’s strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management and travel and expenses ('T&E') data management.
When I first met Alice Globus, Nanotronics' CFO, about a year ago, ... And after so many big companies did due diligence in 2023 on how to use AI—many worked with top consulting firms—now ...
Sergio Mantegazza (31 October 1927 – 13 February 2024) was a Swiss-Italian billionaire businessman, chairman and owner of Globus, a multinational travel company. According to Forbes , Mantegazza was the 16th richest person in Switzerland, with an estimated net worth of US$2.7 billion as of February 2024.