 | |
| Company type | Privately held company [1] |
|---|---|
| Industry | Travel and leisure |
| Founded | August 1920 [2] |
| Founder | Stanley S Tollman [1] |
| Headquarters | , United States [1] |
Key people |
|
| Services | Tour operator |
| Owner | Apollo Private Equity [1] |
Number of employees | 3,000 [1] |
| Website | ttc |
The Travel Corporation is an international travel company based in Cypress, California [1] and Bermuda. [3] Its businesses including Contiki, Uniworld and Trafalgar Tours. [2]
The company traces its history to a small hotel outside Cape Town, South Africa, in the early 1900s. [4]
The Travel Corporation's not-for-profit TreadRight Foundation was established in 2008. [5]
On 16 July 2024, The Tollman Family announced the sale of The Travel Corporation to Apollo Private Equity funds, a US-based asset management firm. The sale marks the end of the Tollman family's 104-year-long tenure of private ownership. The deal will see The Tollman Family retain the Red Carnation group of hotels, whereby Apollo will acquire the remaining 18 of TTCs Tour Brands at the close of 2024. [6]
As of 2022 [update] The Travel Corporation owns tour operators and travel agents including: [7]
Its Red Carnation Hotels operates in the United Kingdom, Ireland, United States, South Africa, Botswana, Guernsey and Switzerland.[ citation needed ] Other activities include Florida's Old Town amusement park, Bouchard Finlayson Winery in South Africa [1] and a shareholding in, the also South African, Cullinan Holdings Ltd travel and tourism business. [8]
