DOWNERS GROVE,
Ill. -- MTI Vacations, the resurrected Hawaii vacation packager, is
out of business again after barely three months in operation.
The 30-year-old
brand, which re-entered the Hawaii market in July after a five-year
absence, abruptly shut down after its owner, Private Label Travel,
ceased operations late last month.
Private Label
Travel, which was the exclusive operator of Amtrak's private-label
vacation product, Amtrak Vacations, went out of business after
Amtrak canceled its 2-year-old agreement with the
company.
MTI was founded
in 1972 and was purchased by Global Vacation Group (GVG) in
1998.
When GVG (renamed
Classic Vacation Group) sold off its divisions in late 2001 and
early 2002, Private Label Travel, based here, purchased the MTI
brand and its base of operations, also located here.
In late July,
Private Label announced it was bringing back the MTI Vacations
brand and new products for Hawaii and Mexico, MTI's major
destinations in its former life.
To contact
the reporter who wrote this article, send e-mail to David Cogswell
at [email protected].