Frosch, the $1 billion mega-agency based in Houston and New York, has purchased Summit Travel Group, based in San Mateo, Calif. The two agencies are both known for their expertise in luxury travel and high-touch corporate travel. The move is just the latest example of a major consolidation of large luxury and corporate travel agencies. Earlier this month Travel Leaders Group’s Tzell Travel purchased ProTravel International.
Bryan Leibman, president and CEO of Frosch, said his agency and Summit both share the same approach to business. “We’re both privately owned companies that believe in and follow an individual, personalized approach,” he said. “Our dedication to the individual traveler -- whether corporate or leisure -- is what makes us so compatible.”
According to Leibman, the merger will bring enhanced negotiating strength to both agencies. “This is very important in making sure our clients get the best possible value; they can relax knowing that no one can deliver more for the dollar,” he said. “Summit’s corporate customers will now benefit from our proactive account management program, industry leading technologies, 24/7 in-house emergency service, and a global network representing forty-four countries. They can be assured that our dedicated reporting, automation, and online booking teams will assist agents and account managers to ensure we deliver best in class, customized service to the most discerning of corporate clientele.”
Dan Freeman and Ed Phillips, co-managing Directors of Summit Travel Group, said the combination of Frosch and Summit reinforces their agency’s commitment to quality, service and value. As we move forward together, we will remain faithful to our core values: respect, integrity and excellence,” they said.
Frosch employs 1100 professionals in 26 cities nationwide and is a member of travel agency cooperative Signature Travel Network. Summit is currently an American Express Travel Representative.