Successful Canadian agency makes its second acquisition in 2017
Travel Masters continues to execute their growth and acquisition strategy with the latest procurement of Altec Travel’s Retail Division. Established in 1978, Altec Travel is an independent travel agency and a consolidator representing all the major airlines departing from Vancouver. This agency serves clients all over British Columbia with a strong base in corporate travel, safari and cruises.
“With two travel agency acquisitions in the first half of 2017, we are firmly setting our sights on ensuring this be a bumper growth year for us,” said James Shearer, Chief Operating Officer at Travel Masters. “Our advancement strategy is starting to yield positive results already and as our industry continues to see consolidation, agencies like Altec Travel make for an excellent fit that benefits all parties involved.”
After 39 years of running his own agency, Ruben Grubner, Owner of Altec Travel, felt this is the right time to release himself of running an agency and, instead, focus more on selling. “I am thrilled to have joined up with a progressive, responsive company like Travel Masters in Vancouver,” said Grubner. “They are there to provide support, information and help when needed.”
In addition to Grubner, Travel Masters welcomed five travel consultants across Western Canada to their growing family last month. Rouillanda Laplante, Shamshad Hassam and Marie Yakemchuk joined the Head Office as home agents. Jennifer Malm recently started with their Kelowna agency and their Calgary agency welcomed Jagretti Jayal to their expanding team.