The Travel Corporation Explained

The Travel Corporation is an international, privately owned hotel and travel company based in Cypress, California and Bermuda.^[1] Its businesses including Contiki, Uniworld and Red Carnation Hotels hosted two million travellers in 2019.^[2]

History

The company traces its history to a small hotel outside Cape Town, South Africa, in the early 1900s.^[3]

The Travel Corporation's not-for-profit TreadRight Foundation was established in 2008.^[4]

On 16th 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. ^[5]

Notes and References

1. News: 1997-11-18 . Travel Corp. Buys Australian Operator . Travel Weekly . January 2, 2023 . January 10, 2023 . https://web.archive.org/web/20230110133145/https://www.travelweekly.com/Travel-News/Tour-Operators/Travel-Corp-Buys-Australian-Operator . live .
2. Web site: About . The Travel Corporation . December 16, 2019 . December 16, 2019 . https://web.archive.org/web/20191216023000/https://ttc.com/about/ . live .
3. News: Meet The Biggest Travel Company You've Never Heard Of . Doug . Gollan . . October 14, 2016 . December 16, 2019 . December 16, 2019 . https://web.archive.org/web/20191216022953/https://www.forbes.com/sites/douggollan/2016/10/14/meet-the-biggest-travel-company-youve-never-heard-of/ . live .
4. Web site: TreadRight Foundation . TreadRight Foundation . December 16, 2019 . April 27, 2020 . https://web.archive.org/web/20200427164843/https://www.treadright.org/about/ . live .
5. Web site: Brands . The Travel Corporation . 18 April 2022 . April 18, 2022 . https://web.archive.org/web/20220418212948/https://ttc.com/brands/ . live .
6. News: Meet Brett Tollman from the South African family who own The Travel Corporation . . June 10, 2019 . December 16, 2019 . December 16, 2019 . https://web.archive.org/web/20191216022953/https://www.iol.co.za/travel/travel-news/meet-brett-tollman-from-the-south-african-family-who-own-the-travel-corporation-25795733 . live .
7. Web site: About Us . Cullinan Holdings . 18 April 2022 . January 24, 2022 . https://web.archive.org/web/20220124014325/http://www.cullinan.co.za/about/about-us . live .
8. =Operations

   The Travel Corporation owns tour operators and travel agents including:^[5]

   • • • AAT Kings Aussie Adventure
     • Inspiring Journeys
   • Adventure World Travel
   • African Travel
   • Brendan Vacations
   • Contiki Tours
   • Down Under Tours
   • Evan Evans Tours
   • Grand European Travel
   • HAGGiS Adventures
     • Highland Explorer Tours
     • Shamrocker Adventures
   • Insight Vacations
     • Luxury Gold
   • Lion World Travel
   • Siva Travel Services Greece
   • Trafalgar Tours
     • Costsaver
   • Travel Corporation Asia
   • Uniworld
   • Atlas Reizen

   Its Red Carnation Hotels operates in the United Kingdom, Ireland, United States, South Africa, Botswana, Guernsey and Switzerland. Other activities include Florida's Old Town amusement park, Bouchard Finlayson Winery in South Africa^[6] and a shareholding in, the also South African, Cullinan Holdings Ltd travel and tourism business.^[7]

   External links

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