The Mark Travel Corp. has reached an agreement to acquire Exclusive Group Travel, a New York-based tour operator that sells exclusively to agents
Mark Travel said the acquisition, due to close April 1, will strengthen its commitment to agents. Exclusive Group Travel (EGT) will operate as part of its Funjet Vacations brand.
As part of the acquisition, Mark Travel said it will gain the resources of EGT's call center and groups support that operate out of the company's New York offices.
Mark Travel, which also operates the Blue Sky Tours, United Vacations and Southwest Vacations brands, did not disclose additional details about the EGT acquisition.
EGT specializes in FIT and group travel with a focus on group vacations to destinations in Mexico, the Caribbean and Central America.
"The Mark Travel Corp.'s acquisition of Exclusive Group Travel will provide an immediate increase in product offerings, tools and resources to the EGT travel agent community," EGT president Steve Gorga said in a statement. "Mark Travel is the perfect home for EGT, and I am confident travel agents who support EGT will receive the same excellent service and support that they have come to expect."