Trevello World Holdings in Canada has acquired Gifted Travel Network, a Mooresville, N.C.-based host agency that sits at No. 58 on Travel Weekly's Power List.
Trevello World Holdings is the parent company of Canadian host agency Trevello Canada. The Gifted acquisition is Trevello's foray into the U.S. market. Terms of the acquisition were not disclosed.
According to Trevello, Gifted and its brand will remain intact, operating as a division of Trevello World Holdings. Gifted co-founder Jen Cochrane will continue as CEO, and the rest of Gifted's executive team will remain in place. Both Cochrane and former Gifted owner Meredith Calloway will become shareholders in Trevello World Holdings.
Cochrane said the two companies align well.
"This collaboration strengthens the foundations we've each built, and together we'll continue driving forward as a transformative force in the future of the travel industry," she said.
Gifted Travel Network celebrated its 10th anniversary in 2023.
Morris Chia, founder and CEO of Trevello World Holdings, is overseeing U.S. expansion, with support from co-founder and COO Zeina Gedeon. Trevello announced plans to expand into the U.S. last summer.
"This is a pivotal moment for Trevello as we bring our proven expertise and commitment to advisor success into the world's largest travel market," Chia said. "Gifted Travel Network's stellar reputation in the luxury sector and dedication to fostering a collaborative, entrepreneurial community make them the perfect partner to help accelerate our growth strategy."