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]
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]
External links
References
- Meet Brett Tollman from the South African family who own The Travel Corporation Independent Online (South Africa), June 10, 2019^
- Our Offices The Travel Corporation^
- Travel Corp. Buys Australian Operator Travel Weekly, November 18, 1997^
- Brands The Travel Corporation^
- About The Travel Corporation^
- Doug Gollan. Meet The Biggest Travel Company You've Never Heard Of Forbes, October 14, 2016, retrieved December 16, 2019^
- TreadRight Foundation TreadRight Foundation^
- Apollo Global Management acquires The Travel Corporation McCarthy Tétrault, October 31, 2024^
- Samantha Mayling. Private equity firm Apollo Funds to acquire The Travel Corporation Travel Weekly, July 16, 2024^
- Fitch Assigns The Travel Corporation a First-Time 'BB-' IDR; Rates Term Loan 'BB' Fitch Ratings, December 9, 2024^