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ITA Reports Sale of Two Agencies

December 14, 2011 By: George Dooley Travel Agent

Innovative Travel Acquisitions, Inc. (ITA) has announced the sale of Corporate Travel Services (CTS, Inc), a Minneapolis, MN corporate agency to a Mid-Western private equity firm. CTS, Inc. does $60 million in annual sales volume, according to Bob Sweeney, president of ITA.

ITA has also announced the sale of Bruce Travel, a  Florida- based retail agency, to the largest travel agency in the Caribbean, Going Places Travel.


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About the Author

George Dooley
George Dooley, Travel Agent’s senior contributing editor covering retail and technology, has a long-standing reputation as one of the top travel industry journalists. He notes...

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By George Dooley | December 14, 2011
Despite the troubled economy, mergers and acquisitions continue.
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