2014 Sales: $1.27 billion
Employees: 510
Previous Ranking: 15
3102 Omega Office Park
Fairfax, VA 22031
T (571) 431-1300
F (703) 359-8889
Website Executives
PRESIDENT/CEO: Gloria Bohan
EVP, SALES AND SERVICE: Goran Gligorovic
VP, BUSINESS DEVELOPMENT: Stan Brown
VP, ACCOUNT MANAGEMENT: Joan Meagher
2014 Developments
• Continued to build market share in meetings and incentives, increasing visibility with corporations by showcasing capabilities in strategic meetings management.
• Launched a new website to showcase diverse business model; it includes dedicated divisions for business travel; meetings and incentives; and leisure travel.
• Building on partnership with GlobalStar Travel Management, a network of more than 80 travel providers representing $13 billion in sales in 75 countries. The consortium provides local presence, expertise, strength and global network commitment to deliver multinational travel management solutions through an innovative technology platform.
Company Facts
• $2.1 million in sales from hosted agents.
• ARC sales of $637 million.
• Omega offers comprehensive service configurations to corporations and government, including technology tools and other travel services. Omega uses an open system to accommodate client needs and goals. Omega’s role as industry consultant is to guide customers in selecting solutions that achieve savings and make the most sense for their unique travel programs.
• 83% of sales from business, 7% leisure, 10% other.
• 10 outside agents.
• Owns Cruise.com, one of the highest volume online sellers of cruises, booking more cabins than any source outside of cruise lines themselves; and TravTech, wholly owned travel technology company which provides innovations to Omega, its clients and the industry at large. Has won development contracts with companies like Cheaptickets.com and Yahoo Travel for cruise content. Sales volume for subsidiaries: $420 million.
• Member of GlobalStar.
• Privately held; majority shareholder is Gloria Bohan.
Looking Ahead
• Developing a proprietary data management system that will introduce customers to predictive analytics. New approach is to help guide clients in validating and re-evaluating items such as travel policy, vendor contracts and program procedures. Will look at forecasting and the “what if” scenarios that will help customers make the best decisions for their program with actionable data.
• Technology solutions will continue, especially in the areas of mobile solutions, data analytics and risk management.
• Will take on a more consultative role. Will look to strengthen supplier relationships and participation in industry organizations and advisory boards and will grow in new markets and regions across the U.S.