Apple Leisure Group and the Mark Travel Corporation have completed their merger.
Financial terms of the agreement were not disclosed. Alex Zozaya will continue to serve as CEO of the combined enterprise, and Bill La Macchia will continue leading Trisept Solutions, LLC and serve as a member of the board of directors.
Apple Leisure Group includes Apple Vacations, Cheap Caribbean and Travel Impressions, AMResorts, AMStar and more.
Mark Travel includes tour businesses such as Blue Sky Tours, Funjet Vacations, Southwest Vacations, United Vacations and more as well as Trisept Solutions, lauded as a leader in providing leisure travel technology.
"The world's leading airlines, hotels and resorts, tour operators, travel agencies, tourist bureaus and theme parks rely on Trisept Solutions for the visibility they need to maximize their distribution," said La Macchia. "We see only upsides for travel agents as a result of our two companies coming together as we will be able to help them better understand their customers' needs, manage their suppliers and increase productivity."
Zozaya believes that the merger is a win-win for both consumers and travel agents.
"Joining forces to create a leading integrated leisure travel and technology solutions company makes a lot of sense for both of us as it will offer even more value for consumers and a wider array of products and services for travel agent, airline, hotel and other travel industry partners," Zozaya said. "The same traits that have made our two companies grow and succeed will be important contributors to growth and opportunity in the future."
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