2025 sales: $1.51 billion
Previous ranking: Unranked
Employees: 574 full-time
Metsada St 7
Bnei Brak, Israel
+972 4654 5443
Website Executives
CEO: Iya Magen
SVP, GLOBAL SALES: Shelly Dror
CFO: Micky Nachmani
CEO, TALMA EUROPE: Nick Bettles
CHIEF TECHNOLOGY OFFICER: Roni Parshani
CHIEF INFORMATION OFFICER: Liran Levi
PRESIDENT, AMERICAS: Mark Walton
GLOBAL DIRECTOR, MARKETING & PARTNERSHIPS: Carole-Anne Hughs Wood
SVP, REVENUE & GROWTH, AMERICAS: Brett Leslie
COMPANY FACTS
* Privately held.
* S. Shlomo Holdings (30%), Talma Travel and Tours (30%), Edtom (23.8%) and More Provident Funds and Pension (16.2%) are the four main shareholders.
* TMC that sells travel services to businesses.
* Owns Bay Corporate Travel, Blue Cube Travel, Brickell Travel (No. 56 on the 2025 Power List) and Solutions Travel.
* Also owns Arbitrip, created in 2015 to bridge the gap between traditional travel agents and online hotel-booking platforms, with annual sales of $120 million not included in Talma's overall sales number.
* Works with 86 independent contractors.
* Less than 2% of sales completed by hosted advisors.
* Sales: 80% business and MICE, 20% leisure.
* A member of Virtuoso, SAP Concur Elite, Spotnana, Hickory and Advantage Travel Partnerships.
DEVELOPMENTS
* Acquired Solutions Travel, integrating Spotnana into its technology solutions. The strategic expansion of its North American footprint strengthens its global platform.
* Acquired Sydney-based Bay Corporate Travel, marking its direct entry into the Asia-Pacific region (the company's presence in that region had just been with partners).
* Hosted its first North American client advisory board, uniting its top client accounts representing more than $650 million in annual travel spend.
LOOKING AHEAD
* Expanding further into Asia.
* Expanding regionally with Spotnana offering, first to be released in Europe.
* Synergizing its acquisitions in Europe. CEO Nick Bettles has been tasked with unifying its U.K. and European brands -- Talma EMEA (formerly Norad Travel Group), Blue Cube and Howard Travel -- under an integrated strategy.
* Expanding Talma's relationship with Virtuoso.
* More expansion is planned, particularly in select markets in Europe and the Americas where the company already serves clients but does not yet operate its own footprint. Mergers and acquisitions will continue to play a role in its growth strategy, along with plans to build a partner network in markets where ownership may not be the right path.