Apple Leisure Group and The Mark Travel Corporation on
Tuesday completed their previously announced merger and the combined company
now falls entirely under the Apple Leisure Group name.
Financial terms of the transaction were not disclosed.
to create a leading integrated leisure travel and technology solutions company
makes a lot of sense for both of us," stated Alex Zozaya, CEO of Apple
Apple Leisure Group's brands include Apple Vacations, Travel
Impressions, CheapCaribbean.com, AMResorts, Amstar, Worldstar and Unlimited
They also now include the Mark Travel brands of Funjet
Vacations, Southwest Vacations, United Vacations, Blue Sky Tours, My Destination
Wellness and Mark International. Mark Travel's sister technology company,
Trisept Solutions, is also now part of Apple Leisure Group.
"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," stated Bill La Macchia, who will continue leading Trisept
Solutions and will serve as a member of the board of directors of Apple Leisure
Group. Bill La Macchia, Jr. will continue to lead Mark Travel Corporation,
which still exists as part of Apple Leisure Group, and will also serve as a
member of the board.
Correction: A previous version of this article incorrectly identified the Mark Travel
brands as "former" Mark Travel brands. It also incorrectly stated
that Bill La Macchia Jr. will continue leading Trisept Solutions. Bill La Macchia will lead Trisept.