AMResorts Issues Statement on Closing of Apple, Mark Travel Deal

Business Merger
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Colette Baruth, senior vice president of marketing, sales and distribution for AMResorts, has issued a statement informing AMResorts’ travel partners that the executive team of Apple Leisure Group (ALG) will remain the same following its recent deal with The Mark Travel Corporation (TMTC).

The agreement, which formally closed on May 1, was officially announced in early April. According to the AMResorts statement, ALG and TMTC entered into an agreement earlier this year to create an integrated leisure travel and technology solutions company. 

“It is important to note that the ALG executive team remains unchanged with Alex Zozaya leading both companies as CEO and John Hutchinson continuing to serve as president,” according to the statement issued by Baruth. “The AMResorts leadership team also demonstrates continuity, with Gonzalo del Peon as president of our growing resort company.”

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In early April, Zozaya told Travel Agent how he hopes the massive deal will benefit both agents and consumers.

“For travel agents, this strategic combination will result in greater breadth of product as well as enhanced value for their clients," said Zozaya at the time. "On the technology side, we’ll be working toward a unified platform with the ultimate goal of increasing travel agent productivity and helping our agent partners better serve their clients in an increasingly competitive marketplace.”

The combined company will continue to operate the collection of brands offered by ALG, TMTC and Trisept Solutions, and maintain principal executive offices in Newtown Square, PA, and Milwaukee, WI. Mark Travel’s tour businesses will also gain access to 52 high-end resorts and spas operating under the Zoetry, Secrets, Dreams, Breathless, Now and Sunscape brands, which are all popular in the Caribbean and Mexico

“In today’s ever-changing travel industry landscape, our top priority is to remain focused on serving our mutual clients and you, our valued travel partners,” said Baruth. “All existing pricing policies, contracting guidelines and distribution strategies will remain the same.”

Visit www.amresorts.com and keep visiting www.travelagentcentral.com for all your latest travel news. Be sure to follow Travel Agent’s Joe Pike on Twitter @TravelPike and Instagram @pike5260.

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