36 | TAG

TAG
Gross sales decrease in 2020: 76% to 80%
Employees: 206

10940 Wilshire Blvd., Suite 1000
Los Angeles, CA 90024
Phone: (424) 248-2600
Website

Executives

CEO: Steve Barrass
FOUNDER/PRESIDENT: John Gianquitto
CFO: Jens Penny
COO: Gabrielle Carr
CHIEF TECHNOLOGY OFFICER: Bruce Wildgust
CHIEF PEOPLE OFFICER: Jen Pratt
GROUP TOURING DIRECTOR: Byron Carr
MANAGING DIRECTOR, APAC: Shane Barr

Company facts

Privately owned specialist in travel management and events; majority-owned by Apiary Capital.

85% corporate, 10% leisure, 5% other.

Member of Virtuoso, Advantage Travel Partnership, WIN Travel Network and CT Partnership.

Pandemic response

Shifted into a "global hibernation model" by utilizing government support, which resulted in minimal layoffs.

Reduced overhead and meticulously managed cash.

Grew production travel division (film and media) and won new business across all of specialty divisions.

Continued to invest in technology to drive efficiencies.

Secured further investment from majority shareholders.

Looking ahead

Asia-Pacific operations currently trading at 2019 revenue.

U.S. recovery started in Q1, and U.K. recovery is expected in Q2. In Q3 and Q4, expecting to be back at 80% of 2019 revenue.

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