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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.
In 1959, 1.3 million people vacationed in the Caribbean, and by 1965 the number of visitors had risen to nearly 4 million per year. [9] Multinational hotel chains and tour operators began operating. [6] Tourism became a significant industry by 1985 when 10 million people vacationed on the islands. [9]
Insight Guides, founded by Hans Johannes Hofer, is a travel company based in London with offices in Singapore and Warsaw. It sells customised package tours as well as guide books . It also produces travel books, maps, globes , and travel gadgets for travelers.
Apple Vacations was founded in 1969 by John Mullen and his brother-in-law, Al Atkinson, as Atkinson & Mullen Travel. Mullen later became the sole proprietor and renamed the company Apple Vacations. In 2001, future ALG CEO Alejandro Zozaya, son-in-law of John Mullen, founded resort sales, marketing, and brand management company AMResorts.
Diamond Resorts is a wholly owned subsidiary of Hilton Grand Vacations. Diamond Resorts was an independent timeshare and vacation ownership company until it was purchased by HGV in 2021. Following the purchase, Diamond's resorts became part of HGV's resort portfolio, and Diamond itself became a brand and subsidiary of HGV.
Calence LLC, a technology company that focused on Cisco networking and advanced communications, was acquired by Insight in April 2008 for $125 million. [11] Insight acquired U.K.-based Minx Ltd., a European network integrator with Cisco Gold Partner accreditation, in July 2008 for $1.5 million and the assumption of $4.6 million of existing debt.
It was once a separate timeshare resort and ownership company until it was purchased by HGV in 2021. The majority of Diamond Resorts properties will be rebranded to Hilton Vacation Club resorts, but some will retain the Diamond Resorts name. Embarc Resorts is a wholly owned subsidiary of Hilton Grand Vacations. It was once a separate timeshare ...
Montage expanded the resort's square footage, adding a suite-only hotel with 50 units and 56 Montage branded residencies. [9] The resort's rebrand and remodel cost an estimated $15 million, and Montage Kapalua Bay was officially opened in June 2014. The resort contains beach access near Kapalua Bay, and a Pegge Hopper art collection. [23]