Ganesh Travels and Transport Company
RADIUS, one of the world's leading global travel management companies, announced today that it has received a multi-million dollar global investment from shareholders in Asia Pacific, Europe, and the Americas. These major investors include Cox and Kings, Ltd (India), Portman Travel (UK), and Travel and Transport (US). This capital infusion will help RADIUS rescale its infrastructure, which is in direct response to the tremendous recent growth of their client portfolio.
"Multinational companies are increasingly interested in consolidating their corporate travel programs. RADIUS' global coverage and rooted regional presence make us a solid choice to partner with," said Chris Vasiliou, President and CEO. "Our operating model provides market- leading content and local customer service and support with global technology solutions and account management. The RADIUS model has resonated beyond our expectations. This investment will allow us to take full advantage of the current market opportunity. Our intention is to add significant global sales and support resources as well as expand our technology offering and data management and reporting capabilities."
RADIUS has grown more than 200% percent in the last 3 years. Over the last 18 months it has welcomed leading agencies from APAC and EMEA to the network as it continues to strategically expand its service offering.
"This is an important milestone for RADIUS, our shareholders, and customers," said William H. Tech, CEO of Travel and Transport and Chairman of RADIUS. "We strongly believe in the RADIUS brand and its unique structure, and we will continue to invest in the organization to improve our services. This recapitalization is vital to help us achieve our goal to become the world's leading corporate travel management companies for global accounts."
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RADIUS is one of the world's largest travel management companies with combined annual sales of more than $21 billion US. RADIUS is comprised of 90 travel agencies in 80 countries with more than 3,300 locations. RADIUS is headquartered in the United States with regional offices servicing the Americas, EMEA and Asia Pacific. Press releases are available at www.radiustravel.com.(Seattle, WA, June 14, 2011) – Travel and Transport is excited to announce the opening of its newest corporate travel reservations office in Seattle, Washington located at
701 Dexter Avenue North Suite 300 over South Lake Union.
This addition to the Travel and Transport operational structure is equipped with the latest in web based applications, Voice over IP technology and highly experienced travel reservation specialists. The contemporary designed office is complemented by a state-of-the art call center accommodating corporate business travelers. The office is open Monday through Friday from 8:00 a.m. – 6:00 p.m. PT. In addition, Travel and Transport has its own Emergency Services department that is available to all customers 24 hours a day, 7 days a week including weekends and holidays.
"We are very excited to be expanding our facilities into the Seattle market. Our new office will allow us to grow in the Northwest territory and provide future partnership opportunities," Bill Tech, President and CEO said.
The opening of Travel and Transport's Seattle office is providing the area with a team of dedicated travel professionals that average over 18 years of travel industry experience. "I am thrilled to bring Travel and Transport to our community. The culture that this company represents is a wonderful fit for our area and for future growth." Karen Thorburn, Operations Manager said.
A ribbon cutting ceremony is planned at the office for Thursday, July 28, 2011 at 4:00 p.m. Travel and Transport executives, employee-owners and Greater Seattle Chamber of Commerce members will be on hand for the event.
Founded in 1946, Travel and Transport, Inc., is the 5th largest travel management company in the U.S. specializing in corporate travel management, vacation travel, and group and meeting travel services. Travel and Transport, a 100% employee-owned company recognized for unparalleled service, integrity and travel industry knowledge, has locations in 38 states and is headquartered in Omaha, Nebraska. Please visit our company web site at www.tandt.com for more information about Travel and Transport's services.
"Multinational companies are increasingly interested in consolidating their corporate travel programs. RADIUS' global coverage and rooted regional presence make us a solid choice to partner with," said Chris Vasiliou, President and CEO. "Our operating model provides market- leading content and local customer service and support with global technology solutions and account management. The RADIUS model has resonated beyond our expectations. This investment will allow us to take full advantage of the current market opportunity. Our intention is to add significant global sales and support resources as well as expand our technology offering and data management and reporting capabilities."
RADIUS has grown more than 200% percent in the last 3 years. Over the last 18 months it has welcomed leading agencies from APAC and EMEA to the network as it continues to strategically expand its service offering.
"This is an important milestone for RADIUS, our shareholders, and customers," said William H. Tech, CEO of Travel and Transport and Chairman of RADIUS. "We strongly believe in the RADIUS brand and its unique structure, and we will continue to invest in the organization to improve our services. This recapitalization is vital to help us achieve our goal to become the world's leading corporate travel management companies for global accounts."
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RADIUS is one of the world's largest travel management companies with combined annual sales of more than $21 billion US. RADIUS is comprised of 90 travel agencies in 80 countries with more than 3,300 locations. RADIUS is headquartered in the United States with regional offices servicing the Americas, EMEA and Asia Pacific. Press releases are available at www.radiustravel.com.(Seattle, WA, June 14, 2011) – Travel and Transport is excited to announce the opening of its newest corporate travel reservations office in Seattle, Washington located at
701 Dexter Avenue North Suite 300 over South Lake Union.
This addition to the Travel and Transport operational structure is equipped with the latest in web based applications, Voice over IP technology and highly experienced travel reservation specialists. The contemporary designed office is complemented by a state-of-the art call center accommodating corporate business travelers. The office is open Monday through Friday from 8:00 a.m. – 6:00 p.m. PT. In addition, Travel and Transport has its own Emergency Services department that is available to all customers 24 hours a day, 7 days a week including weekends and holidays.
"We are very excited to be expanding our facilities into the Seattle market. Our new office will allow us to grow in the Northwest territory and provide future partnership opportunities," Bill Tech, President and CEO said.
The opening of Travel and Transport's Seattle office is providing the area with a team of dedicated travel professionals that average over 18 years of travel industry experience. "I am thrilled to bring Travel and Transport to our community. The culture that this company represents is a wonderful fit for our area and for future growth." Karen Thorburn, Operations Manager said.
A ribbon cutting ceremony is planned at the office for Thursday, July 28, 2011 at 4:00 p.m. Travel and Transport executives, employee-owners and Greater Seattle Chamber of Commerce members will be on hand for the event.
Founded in 1946, Travel and Transport, Inc., is the 5th largest travel management company in the U.S. specializing in corporate travel management, vacation travel, and group and meeting travel services. Travel and Transport, a 100% employee-owned company recognized for unparalleled service, integrity and travel industry knowledge, has locations in 38 states and is headquartered in Omaha, Nebraska. Please visit our company web site at www.tandt.com for more information about Travel and Transport's services.