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Travel Leaders Group Becomes New Name for Travel Acquisitions GroupMay 6, 2009 By: George Dooley
Putting its money squarely where its flagship brand name is, Travel Acquisitions Group is officially being renamed as Travel Leaders Group. With combined wholly-owned and franchised sales of over $7.3 billion last year, the relatively new Travel Leaders Group enterprise already ranks as the eighth largest travel company in the U.S., as well as among the top five brands with a national retail presence.
“It is time for our corporate entity to be aligned with our long-term strategy of further growing Travel Leaders,” explained Travel Leaders Group CEO Barry Liben. “In February, when we announced the formation of Travel Leaders Corporate – which encompasses our entire wholly-owned business travel operations – we affirmed our commitment to making Travel Leaders our marquee brand. Thus, this decision to use Travel Leaders Group as our overarching name became even easier.”
In heralding the change to Travel Leaders Group, Liben confirmed that all the company’s leisure brands have been brought together under the leadership of Tom Baumann, who is now serving as president of Travel Leaders Leisure Group. This division includes all wholly-owned and franchised leisure-focused brands, including All Aboard Travel, CruiseDeals.com, Cruise Holidays, Cruise Specialists, Luxury Travel Network, Partners In Travel, SeaMaster Cruises, SinglesCruise.com and company-owned leisure locations for Travel Leaders.
Travel Leaders Group reports it also grew its corporate business during the first quarter of 2009; Travel Leaders’ wholly-owned and associate (franchised) locations won over $94 million in new business accounts. Also, after its January 2008 spin-off from Carlson, the Travel Leaders Franchise Group – led by Roger E. Block, – attracted 13 new Travel Leaders associate locations with annual sales volume in excess of $105 million, with many entering the system prior to the announcement of the new brand last August. Since announcing the new Travel Leaders name, 80 percent of all associate locations have either completed the process of rebranding already or are well in progress; the rebranding initiative to Travel Leaders will be complete by end of 2009.
With Travel Leaders serving as the company’s flagship brand, Travel Leaders Group consists of five divisions:
* Travel Leaders Corporate (David Holyoke, President)
* Travel Leaders Franchise Group (Roger E. Block, CTC, President), includes Travel Leaders, Results! Travel and Custom Destination Marketing Solutions.
* Travel Leaders Leisure Group (Tom Baumann, President), includes All Aboard Travel, CruiseDeals.com, Cruise Holidays, Cruise Specialists, Luxury Travel Network, Partners In Travel, SeaMaster Cruises, SinglesCruise.com and company-owned leisure locations for Travel Leaders
* Connexions (Eric Burdon, President), includes Connexions Loyalty Travel Solutions, Connexions Travel Solutions, Connexions Fulfillment Solutions, Loyalty Travel Agency, Fly4Less.com, Distinctive Departures and Insignia Personalized Products
* Tzell Travel Group