The Travel Corporation

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The Travel Corporation
Company type Privately held company
Industry Travel and leisure
FoundedAugust 1920;104 years ago (1920-08)
FounderStanley S. Tollman
Headquarters
London, UK
,
United Kingdom
Number of locations
Sydney, Australia
London, UK
Toronto, Canada
Los Angeles, USA
Johannesburg, South Africa
Singapore, Asia
Auckland, New Zealand
Geneva, Switzerland
Key people
Services Tour operator
OwnerFunds managed by Apollo Global Management
Number of employees
3,000
Website ttc.com

The Travel Corporation is a tour operator based in Cypress, California, [1] and Bermuda with operations in Australia, New Zealand, Europe, South Africa, and Asia. [2] [3] It operates tours under the brand names Trafalgar Tours, Insight Vacations, Contiki Tours, Uniworld, Costsaver, Luxury Gold, HAGGiS Adventures, Highland Explorer, Brendan Vacations, AAT Kings, Inspiring Journeys, African Travel, Aussie Adventure, Lion World Travel, Adventure World Travel, Evan Evans, Grand European Travel (GET), Down Under Tours, Tracoin, Destination America, Travel Corporation Asia, and SEIT Outback Australia. [4] [5]

Contents

History

The company was founded in Cape Town, South Africa, in 1920 by Stanley S. Tollman. [6] The company set up TreadRight Foundation, a not-for-profit organization in 2008. [7]

In October 2024, the company was acquired by funds managed by Apollo Global Management. [8] [9]

In 2024, the company generated EBITDA of $190 million. [10]

References

  1. ↑ "Meet Brett Tollman from the South African family who own The Travel Corporation". Independent Online (South Africa) . June 10, 2019. Archived from the original on December 16, 2019.
  2. ↑ "Our Offices". The Travel Corporation.
  3. ↑ "Travel Corp. Buys Australian Operator". Travel Weekly. November 18, 1997. Archived from the original on January 10, 2023.
  4. ↑ "Brands". The Travel Corporation. Archived from the original on April 18, 2022.
  5. ↑ "About". The Travel Corporation. Archived from the original on December 16, 2019.
  6. ↑ Gollan, Doug (October 14, 2016). "Meet The Biggest Travel Company You've Never Heard Of". Forbes . Archived from the original on December 16, 2019. Retrieved December 16, 2019.
  7. ↑ "TreadRight Foundation". TreadRight Foundation. Archived from the original on April 27, 2020.
  8. ↑ "Apollo Global Management acquires The Travel Corporation". McCarthy Tétrault . October 31, 2024.
  9. ↑ Mayling, Samantha (July 16, 2024). "Private equity firm Apollo Funds to acquire The Travel Corporation". Travel Weekly.
  10. ↑ "Fitch Assigns The Travel Corporation a First-Time 'BB-' IDR; Rates Term Loan 'BB'". Fitch Ratings . December 9, 2024.
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