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Sun Trips Expects New Owner To Repay AgentsJanuary 26, 2006 By: Travel Agent Central Contributor Travel Agent
Crystal Hospitality Holdings, an investment group which plans to acquire Sun Trips, says it plans to repay agents the commissions the San Jose-based tour operator owes them. That's the word from Victor Bao, president of the Valorem Group, hired by Crystal to develop a turnaround strategy for the beleaguered Sun Trips. Bao said Sun Trips owes agents more than $100,000 in unpaid commissions. He expects the sale to Crystal to go through in about a week, and once new management is in place, Sun Trips will become "100 percent agent-focused," he added.