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Tourico Holidays Shows NYC Some Love

Tourico Holidays

Tourico Holidays Shows NYC Some Love
Worldwide Wholesaler Supports New York Tourism by Offering Travel Reductions and Incentives

ORLANDO, Fla. – November 15, 2012 – Tourico Holidays, a worldwide travel wholesaler, today announced the launch of its “Tourico Holidays Loves NY” campaign, intended to help reinvigorate New York City tourism in the wake of superstorm Sandy. The campaign, which will run through March 2013, is comprised of a series of promotions, rate reductions and client incentives that will serve as a spark for tourism sales in New York City and its surrounding areas.

New York City tourism has been hard-hit by the disruption of Sandy – despite the fact that the storm’s damage was limited largely to the city’s financial district, and that other areas of New York City remain open for business. In an effort to support the recovery of area tourism, Tourico Holidays has pooled all of its resources to create the most attractive prices possible for its ExclusiveDeal, hotel, attraction, and transfer products. Tourico Holidays customers can currently access the following inventory as part of the “Tourico Holidays Loves NY” campaign:

  • 36 ExclusiveDeals − pre-purchased room blocks such as the $10M deal at the Grand Hyatt
  • Discounts across 1,000 room nights every day, such as $60 off the Crowne Plaza Times Square
  • Up to 60% off activities and transfers, such as shopping tours and “hop-on – hop-off” buses

“As a Florida-based business, we’re sensitive to the hurricane recovery effort and we understand how a disruption of this magnitude can wreak havoc on local tourism,” said Amir Kalmar, CMO and EVP of Global Sales for Tourico Holidays. “Our campaign is intended to revive our clients’ love affair with the world’s most lively city – and illustrate that New York is just as vibrant as ever. Now is the time to rebuild the tourism presence and throw our full support behind the city that so many rely on for their livelihood.”

Since 2011, Tourico Holidays has grown its travel bookings in the New York City market by nearly 20% year-over-year. For more information about Tourico Holidays and the “Tourico Holidays Loves NY” campaign, ask your Tour Operator or visit: www.touricoholidays.com.

About Tourico Holidays

Tourico Holidays, a subsidiary of Travel Holdings, Inc., is a leading global travel distribution company that contracts directly with travel providers, such as hotel chains, cruise lines, attractions and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,600 clients in 100 countries using proprietary technology.

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Travel Holdings, Inc., Continues Growth With Strong Q2 2011

Tourico Holidays

Travel Holdings, Inc., Continues Growth
With Strong Q2 2011

Global Wholesale Travel Brokerage Sees Second-quarter EBITDA Almost Double.

ALTAMONTE SPRINGS, Fla (August 09, 2011) − Travel services aggregator Travel Holdings Inc. announced its second quarter 2011 results last week, showing robust year-over-year growth in the face of an incredibly challenging global business environment.

Led by its business-to-business Tourico Holidays brand, business-to-consumer-facing Last Minute Travel brand and industry-changing Mauiva AirCruise product, the company saw its second-quarter EBITDA almost double as revenue from all of the company’s segments showed exponential growth, particularly in North America, Latin America and Europe.

The company’s financial results for Q2 20119 include the following:

  • Total sales for the second quarter rose 52.14 percent year over year.
  • Gross margins for Q2 grew 50.01.
  • EBITDA for the quarter grew 99.42 percent year-over-year.
  • The company’s EBITDA represents 5.97 percent of its total sales and 38.55 percent of its gross margins.

Additionally, for the first six months of 2011 compared to the first six months or 2010, the company’s sales grew 42.18 percent, margins grew 42.01 percent and EBITDA grew 94.61 percent. For that period, hotel room nights sold rose 40.53 percent, rental car days climbed 179.0 percent, airline tickets sold rose 6.64 percent and activities sold grew 74.99 percent.

“Despite the current market turmoil, credit crisis and global economic challenges, Travel Holdings is still managing to achieve a record breaking year,” said Robert Fischer, Travel Holdings Chief Financial Officer. “During 2010, we invested heavily in our B2C business segment, increasing our global footprint as well as the creation of a new concept – The Mauiva AirCruise. These investments, compounded by our organic growth, are allowing us to enjoy this phenomenal success in 2011. The company is currently experiencing a steady growth of demand, which is exceeding $4 million daily in sales and 9 billion searches annually.”

The strong results so far this year have the company optimistic for the third quarter of 2011. Travel Holdings is projecting that total sales increase by 54.26 percent, gross margins by 38.95 percent and EBITDA by 92.79 percent during the quarter.

The Mauiva AirCruise is perhaps Tourico Holiday’s most creative product yet. The AirCruise is a multi-destination, sight-seeing experience in which guests enjoy the comforts of private air travel and conveniences of pre-arranged guided tours in each locale, maximizing value for travelers’ hard-earned vacation time and dollars. On both U.S. coasts, the AirCruise comprehensive package includes escorted group travel; all transportation via a private plane (augmented by coaches for destinations within 90 miles of each other); attractions and local tour guides; accommodations at first-class, branded hotels; daily breakfast and dinner; as well as gratuities and baggage handling. In 2012, the concept will be extended to include Caribbean and European itineraries. Launching the AirCruise just two month ago, Mauiva recently recorded the 2,000th guest. Mauiva AirCruise bookings are currently averaging 108 reservations per day resulting in over 275 future guests.

LastMinuteTravel.com is the premier online consumer website to book last minute prices in advance. Offering vacation packages, airline tickets, hotel accommodations, car rentals, and cruises, the site provides the best rates in advance and up to the very last second. With tens of thousands of Last Minute Travel deals and inventory that offers a wide variety of destinations and pricing options, LastMinuteTravel.com has become a go-to resource for today’s time-starved traveler.

In operation for 17 years, Tourico Holidays (www.TouricoHolidays.com) is a subsidiary of Travel Holdings, Inc. With 37 locations serving 97 sources countries across six continents, it employs 402 people providing support in 23 languages. Tourico Holidays is the world’s largest purchaser of hotel room blocks in the world, offering 4,405 travel clients 23,000 direct hotel contracts.

About Travel Holdings®

Travel Holdings, Inc.® (www.travelholdings.com), one of the most distinctive and expansive travel distribution companies in the world, was created in early 2004 through the merger of Tourico Holidays®, Last Minute Travel and Travel Global Systems (TGS). Travel Holdings® uses proprietary technology to supply travel inventory at competitive pricing, integrating with all segments of the online travel industry including retail, wholesale, group, travel agents, corporate and affiliates. The company is a truly global organization with headquarters in Orlando and additional, local offices across the United States, South America, Europe and Asia.

Lauren Volcheff
Travel Holdings, Inc.
(407) 667-8700 ext. 7355
Lauren@TravelHoldings.com

Sean Hixson
Weber Shandwick
(314) 552-6760
shixson@webershandwick.com

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LastMinuteTravel.com Survey Reveals…

Tourico Holidays

LastMinuteTravel.com Survey Reveals
it’s All Work and No Play for Americans

When it comes to Vacation Days, the Premier Online Travel Site Makes it Easy and Affordable for Consumers to Use “Em not Lose Em”.

ALTAMONTE SPRINGS, Fla. (June 21, 2010) − Last Minute Travel, the premier online travel booking site, is encouraging Americans to break the habit of not using all of their hard-earned vacations days and get online now as today marks the first day of summer. A new survey by LastMinuteTravel.com finds that close to half (45%) of working Americans did not maximize their vacation days in 2009; in fact, 39 percent admitted to losing 10 or more of those days. As we reach the halfway point of 2010, the survey finds that more than three-quarters (78%) of Americans plan to repeat this trend by leaving their paid vacation days on the table.

According to the survey, reasons for lost vacation days is that many find it difficult to take time away from work, coordinate family schedules or they cannot afford a “real vacation.” Nonetheless, working Americans yearn for time off and fantasize about the type of vacation they would take, time and money permitting: close to four in ten (35%) would choose a beach destination where they can relax and unwind; 19 percent would opt for an all-inclusive cruise; 16 percent would go to a family (theme-park) destination; and 15 percent would take a road trip across the country.

Survey Says: Americans Are Experiencing A Case of All Work and No Play:

Lost Moments: On average, Americans have more than half (58%) of their time off waiting to be enjoyed.

Costly Timing: More than half (51%) say that it’s just too difficult to coordinate schedules with family and friends while 30 percent rarely find the time to plan ahead to take time off.

The Busier the No Better: Some admit it is more about their jobs and less about personal situations. Almost half (47%) of those not planning to use all of their vacation days this year gripe that they’re simply too busy on the job to take time off. Others (29%) fear there would be too much work to catch up on when they return.

Money Matters: Four in ten (40%) confess they simply can’t afford a “real vacation.” More parents than non-parents (47% vs. 34%) who don’t plan on using all of their vacation days blame the inability to afford a vacation as the reason they’ll be left with paid time off when 2010 comes to and end.

LastMinuteTravel.com is enticing Americans to use “em or lose em” by making it easier and more affordable for consumers to put their hard earned vacation days to use. The site boasts unbeatable hotel prices, airlines and cruise deals, as well as a robust activities section that encompasses the world’s most popular destinations.

LastMinuteTravel.com offerings and services make vacation planning easy:

3-5 Star Hotels Under $100

Consumers longing for a plush hotel experience without leaving their budgets at the wayside will emerge successful on LastMinuteTravel.com. With 17,000 hotel partners in more than 2,500 cities worldwide, travelers can book affordable trips to hot spots like Orlando, San Juan, Honolulu and Cancun with unbeatable 3-5 star properties—such as InterContinental Hotels & Resorts, Hyatt, Hilton and the Trump Collection to name a few—all for under $100. From a 3-star hotel in Miami starting at $68 a night to a 4-star property in Toronto starting at $95 a night, savvy travelers will reap additional savings over competitors like Priceline and Hotwire 50 percent of the time.

Activities in Advance

For those Americans who say it’s too difficult to coordinate family and friends’ schedules or who rarely find the time to plan ahead, leave it to LastMinuteTravel.com to do the legwork. The site features a robust tourist activities section in each web site property for customers. The section includes tickets/reservations to more than 2,300 attractions in 80 different travel destinations, allowing online bookers to conveniently plan enjoyable trips with the benefits of lower prices. Examples range from discounted tickets to Cirque de Soleil’s “O” in Las Vegas and Broadway’s “The Lion King” to a tour through Wine Country to bargains on one-day passes to Orlando’s Sea World. The activities section feature enables travelers to efficiently plan their itineraries in advance without the hassle of coordinating during the vacation.

Something for Everyone

LastMinuteTravel.com has something for everyone, offering vacation packages, airlines tickets, hotel accommodations, car rentals, and cruises. With tens of thousands of deals and inventory that offers a wide variety of destinations and pricing options, LastMinuteTravel.com is a valuable resource for those who don’t take time away nearly as much as they desire. The site’s proprietary technology and global travel relationships provide customers with the most up-to-date and competitive rates on the best hotel and airfare combinations. All listed hotels come with star ratings, full descriptions, driving directions and many with images so travelers can explore before booking, making the booking process much easier.

LastMinuteTravel.com’s Top Beach Destinations Booked in 2009/2010:

  1. Miami
  2. San Diego
  3. Los Angeles
  4. Fort Lauderdale
  5. San Juan

LastMinuteTravel.com’s Top 5 Most Affordable Destinations Booked in 2009/2010:

  1. Las Vegas

About LastMinuteTravel.com®

LastMinuteTravel.com® (LastMinuteTravel.com) is the premier online website to book last minute prices in advance. Offering vacation packages, airline tickets, hotel accommodations, car rentals, and cruises, the site provides the best rates in advance and up to the very last second. With tens of thousands of Last Minute Travel deals and inventory that offers a wide variety of destinations and pricing options, LastMinuteTravel.com® has become a go-to resource for today’s time-starved traveler.

LastMinuteTravel.com® (LastMinuteTravel.com) is a brand owned by Travel Holdings, Inc.®(Travel Holdings, Inc.), a worldwide travel distribution company.

Lauren Volcheff
Vice President of Marketing
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

Celia de la Llama
Senior Account Executive
Weber Shandwick
212-445-8240
cdelallama@webershandwick.com

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Tourico Holidays® Introduces New System Intelligence.

Tourico Holidays

Tourico Holidays® Introduces New System Intelligence,
Providing Unique Destination Insight

Latin American Travelers Lead the Charge on Booking Local Activities Across the Suite of Website Brands.

ALTAMONTE SPRINGS, Fla. (May 17, 2010) − Building on its reputation of providing clients, suppliers and customers with optimum booking tools, Tourico Holidays® is simultaneously enhancing the online reservation flow and “Activities” offering across its travel booking Websites and XML connectivity. New custom-generated prompts will feature the four most-booked local attractions and the best value transportation services in the area, allowing travel professionals to spend less time researching destinations and more time assisting customers. The newly incorporated efficiencies will be a seamless addition to hotel searches in 20 of the top global destinations, including Orlando, Key West, Niagara Falls, San Francisco, Barcelona, Paris and Buenos Aires. The new feature is already available to all Tourico Holidays clients whether through White Lable, XML or TouricoHoldidays.com

Before completing guest information, destination-specific sidebars present travel professionals with insightful activities and transportation information, enabling travelers to maximize vacation time in the destination, as well as make the most of hard-earned dollars by featuring discounted attractions that are generally 25 percent below retail prices. From securing tickets for Walt Disney World in Orlando, FL; Cirque du Soleil’s “O” in Las Vegas, NV; the famed Opera Pampa in Buenos Aires, Argentina; or a tour of Marseilles, France, to coordinating airport transfers and car rental services, Tourico Holidays sites are a comprehensive vacation service portal.

Tourico Holidays currently boasts attraction offerings in 311 destinations worldwide, as well as transfer services in more than 70 cities and urban outskirts. To date, travelers based in Brazil, Mexico, Argentina, as well as Italy, make up the greatest percentage of buyers taking advantage of these vast online offerings by looking for activities within the United States. In 2009 alone, Tourico Holidays has grown its attractions business more than 90 percent.

All system enhancements are performed by Travel Global Systems (TGS), Tourico Holidays’ sister company and technology provider.

About Tourico Holidays

Tourico Holidays (www.TouricoHolidays.com) is a subsidiary of Travel Holdings, Inc., a worldwide travel distribution company. Tourico Holidays is a global wholesale travel provider with over 150 international distribution websites and more than 17,000 merchant hotel agreements, operating in 23 languages in over 100 countries. As a supplier to over 4,300 tour operators and travel agents, Tourico Holidays operates and maintains global websites and online interfaces that serve a large diversity of travel sellers.

About Travel Holdings®

Travel Holdings, Inc.® (www.travelholdings.com), one of the most distinctive and expansive travel distribution companies in the world, was created in early 2004 through the merger of Tourico Holidays®, LastMinuteTravel.com® and Travel Global Systems (TGS). Travel Holdings® uses proprietary technology to supply travel inventory at competitive pricing, integrating with all segments of the online travel industry including retail, wholesale, group, travel agents, corporate and affiliates. The company is a truly global organization with headquarters in Orlando and additional local offices across the United States, South America, Europe and Asia.

Media Contacts:

Jennifer Tolchin
Senior Account Executive
Weber Shandwick
212-445-8336
jtolchin@webershandwick.com

Lauren Volcheff
Vice President of Marketing
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

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Amazing LastMinuteTravel.com deals

Tourico Holidays

Amazing LastMinuteTravel.com deals
just in time for Memorial Day Weekend!

ALTAMONTE SPRINGS, Fla. (May 17, 2010) − As hopeful vacationers gear up for summer and look forward to some R&R, LastMinuteTravel.com has identified the top 10 U.S. destinations being booked this Memorial Day weekend. To help make travel planning stress-free, the premier travel booking site offers “can’t miss” deals that fall below competitor prices more than half the time. In addition to unbeatable rates, LastMinuteTravel.com boasts a section devoted to highlighting the most popular local activities and allows vacationers to maximize their hard-earned vacation dollars by making arrangements in advance.

Whether it is a weekend away with friends or a family vacation, travelers can take advantage of unbeatable deals coast to coast while staying at three-, four- and five-star properties of illustrious brands such as the Trump Collection, InterContinental Hotels & Resorts and Hilton Hotels. To name just a few examples, a 5-star Las Vegas hotel starts at $129/night; 4-star hotel in Orlando starts at $81/night; and a 3-star hotel in Los Angeles starts at $50/night. Families seeking a fun last-minute getaway will be relieved to know LastMinuteTravel.com offers more than 30 hotels within Walt Disney World and the Orlando area boasting prices as low as $39/night for a 3.5-star property,

Top Ten Most Popular Memorial Day Weekend hot spots for 2010:

  1. Las Vegas
  2. Miami
  3. San Francisco
  4. Orlando
  5. Chicago
  6. Seattle
  7. New York
  8. Los Angeles
  9. San Diego
  10. San Juan

We hope you’ll be able to steer your readers to www.LastMinuteTravel.com as they begin to book their travel plans for the long holiday weekend.

Media Contacts:

Lauren Volcheff
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

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Travel Holdings, Inc., Announces Strong Financial Results for 2009

Tourico Holidays

Travel Holdings, Inc.
Announces Strong Financial Results for 2009

Global Wholesale Travel Brokerage Company Continues to Grow, Add More Employees.

ALTAMONTE SPRINGS, Fla. (May 3, 2010) – While much of the travel industry spent the last year working to recover from a down economy, Travel Holdings, Inc., continued to experience tremendous growth. The global wholesale travel brokerage company today announced its financial results for 2009, further establishing itself as a broker capable of delivering positive revenue results for its hotelier partners.

The company’s financial results for 2009 included the following:

  • A 16 percent increase in the total number of room nights booked over 2008
  • A 2 percent increase in top line revenue
  • A 23 percent increase in employee base, adding 106 new professionals to its staff worldwide
  • 2.5 million travel customers
  • An average of 43 travel searches per second on the company’s servers
  • An investment of $5 million in its technology, as the company has done for each of the last several years

Additionally, Travel Holdings delivered an average of $8.3 million per month to the hotel companies it partners with to provide deep discounts to travelers who book via the company’s online properties, TouricoHolidays.com, LastMinuteTravel.com and EasyClickTravel.com.

“Last year, while other companies made major structural downsizings due to their shrinking top lines, we were not only able to maintain our previous year’s top lines, but actually grew them by 2 percent,” states Bob Fischer, CFO for Travel Holdings, Inc., the parent company of Tourico Holidays, LastMinuteTravel.com and EasyClickTravel.com. “We also increased our total number of room nights by 16 percent and increased our employee base by 23 percent, while maintaining a healthy EBITDA, which is unheard-of in 2009, especially in the travel sector. When it comes to discretionary expenses, our philosophy continues to run ‘lean and mean’ implementing automation wherever possible to maintain a low cost per transaction and continued development of sophisticated data mining tools, as well as yield management automation to be utilized as our crystal ball to success. In our ever-changing environment, we have found the secret formula to achieving growth complemented by profits.”

The company is looking ahead to an even more robust set of results for 2010, as it is projecting to finish the year with $500 million in top-line revenue while providing travel services to more than 3.5 million consumers − which would mark a 40 percent increase in that number from 2009..

About Travel Holdings®

Travel Holdings, Inc.® (www.travelholdings.com), one of the most distinctive and expansive travel distribution companies in the world, was created in early 2004 through the merger of Tourico Holidays®, Last Minute Travel® and Travel Global Systems (TGS). Travel Holdings® uses proprietary technology to supply travel inventory at competitive pricing, integrating with all segments of the online travel industry including retail, wholesale, group, travel agents, corporate and affiliates. The company is a truly global organization with headquarters in Orlando and additional, local offices across the United States, South America, Europe and Asia.

Media Contacts:

Bob Rybarczyk
Weber Shandwick
314-552-6731
brybarczyk@webershandwick.com

Lauren Volcheff
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

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Tourico Holidays® Stakes Its Claim as Leading Inbound Travel Provider

Tourico Holidays

Tourico Holidays® Stakes Its Claim as Leading Inbound Travel Provider
into London with an Exclusive Buyout of The Hyde Park Hotel

Expanding its growing role in the major tourist destination of London, company will have sole rights to all 68 rooms in London property starting in Februar.

LONDON, England (January 31, 2010) – Tourico Holidays® announced today that it will be the exclusive provider of 100 percent of the inventory at The Hyde Park Hotel in London. The agreement, which begins February 15, 2011, will allow Tourico Holidays the exclusive ability to offer its customers attractive deals on the modern, elegant three-star hotel in the Westbourne Grove area of London, within walking distance of Hyde Park.

The Hyde Park Hotel is the second property with which Tourico Holidays will have an exclusivity agreement, joining Astor On The Park in New York. Tourico Holidays continues to be the only company in the wholesale travel industry buying out 100 percent of hotels’ inventories.

The Hyde Park Hotel features 68 rooms and four different room configurations, ranging from a single room to a two-bedroom flat. It is situated in a quiet Victorian square close to Notting Hill as well as Kensington Palace, Portobello Road Market and Knightsbridge. The hotel offers long-term as well as short-term stays.

“These flagship Exclusive Deals are very exciting for us, and more importantly for our customers, because they provide us a wide range of flexibility in terms of what we can offer,” Amir Kalmar, VP of Global Sales and CMO. “These kinds of arrangements are an important focus for us, and we look to have more to announce in the future.”

About Tourico Holidays

Tourico Holidays (www.TouricoHolidays.com) is a subsidiary of Travel Holdings, Inc., a worldwide travel distribution company. Tourico Holidays is a global wholesale travel provider with over 150 international distribution websites and more than 17,000 merchant hotel agreements, operating in 23 languages in over 100 countries. As a supplier to over 4,300 tour operators and travel agents, Tourico Holidays operates and maintains global websites and online interfaces that serve a large diversity of travel sellers.

About Travel Holdings®

Travel Holdings, Inc.® (www.travelholdings.com), one of the most distinctive and expansive travel distribution companies in the world, was created in early 2004 through the merger of Tourico Holidays®, LastMinuteTravel.com® and Travel Global Systems (TGS). Travel Holdings® uses proprietary technology to supply travel inventory at competitive pricing, integrating with all segments of the online travel industry including retail, wholesale, group, travel agents, corporate and affiliates. The company is a truly global organization with headquarters in Orlando and additional local offices across the United States, South America, Europe and Asia.

Mark Redmond
European PRB Manager
Tourico Holidays
+44 (0) 207 016 8931
Mark.Redmond@touricoholidays.com

Lauren Volcheff
Vice President of Marketing
Travel Holdings, Inc.
407-667-8700 x7355
Lauren@touricoholidays.com

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LastMinuteTravel.com is First Online Travel Agent to Launch Internet Campaign

Tourico Holidays

LastMinuteTravel.com is First Online Travel Agent to Launch Internet Campaign
with Dapper MashupAds

ORLANDO, Fla. – In the first advertising alliance of its kind, LastMinuteTravel.com Continue reading

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LastMinuteTravel.com partners with AIG Travel Guard

Tourico Holidays

LastMinuteTravel.com partners with AIG Travel Guard
Online travel web site now offers clients customized travel insurance

Orlando, February 20, 2007 – LastMinuteTravel.com, an online web site for last-minute travel deals offering airline tickets, hotel accommodations, vacation packages, car rentals and cruises, now offers its clients customized travel insurance plans through AIG Travel Guard, the nation’s leading provider of travel insurance and assistance plans.

The travel insurance for LastMinuteTravel.com clients includes an international air ticket program, hotel and excursion plan, vacation/cruise package and a budget program for domestic airline tickets. Coverage varies by plan and includes trip cancellation, emergency medical, medical evacuation, baggage, baggage delay and travel delay. All of the plans include AIG Travel Guard’s comprehensive 24/7-travel assistance and Livetravel emergency services.

“With tens of thousands of last-minute travel deals and a wide variety of destinations and price points available for immediate purchase, LastMinuteTravel.com provides our frequent and affluent leisure travelers with the best value for their travel investment,” said Alan Greenberg, chairman and chief executive officer for Travel Holdings, Inc., the parent company of LastMinuteTravel.com. “The travel insurance programs we now offer through AIG Travel Guard are a natural extension of this value proposition. The programs are customized for the types of travel that our clients book on our site and provide not only financial coverage in the event of a cancellation, but coverage for medical emergencies, baggage and a 24/7 travel hotline anywhere in the world, anytime of the day.”

About LastMinuteTravel.com

LastMinuteTravel.com is owned by Travel Holdings, Inc., one of the most distinctive and expansive travel distribution companies in the world. The company was created in early 2004 through the merger of Tourico Holidays, Inc., LastMinuteTravel.com and Travel Global Systems. Headquartered in Orlando and with technology operations in Tel Aviv, Travel Holdings serves wholesale, consumer and trade customers in 122 countries. The company is a multi-channel distributor, marketing its inventory through virtually every segment of the online travel sector, including retail, wholesale, group, travel agent, corporate and affiliates.

The travel insurance offered through AIG Travel Guard is underwritten by American Home Assurance Company or National Union Fire Insurance Company of Pittsburgh, Pa., with their principal place of business in New York, NY. Both of these companies are members of the AIG Companies®. The policies contain reductions, limitations, exclusions, and termination provisions. Not all coverages are available in every state.