TW Blog, then and now

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This link takes you to the archived version of a BusinessWire press release of Oct. 30, 2000, announcing the sale of to Amadeus, which paid total consideration of nearly $90 million, consisting of “cash, warrants and the assumption of nearly $30 million in debt.”  At that time, was said to have 8,400 members and sales of about $20 billion.  

Fast-forward to the sale of to Travel Leaders. Our story puts Travel Leaders’ sales at $15 billion, post-acquisition. (According to our most recent Power List, Travel Leaders had 2009 sales of $1.68 billion.) Also according to the Power List, counted 5,000 members in 2009.

While you’re pondering how well Amadeus might have made out on the deal, consider another way things have changed in 10 years: The press release of the Amadeus sale referred to as a “’click and mortar’ travel agency.” Cute, huh?
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