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February 07, 2016 4:20 AM ET

Hotels, Restaurants and Leisure

Company Overview of TravelBrands Inc.

Company Overview

TravelBrands Inc. provides travel agency services. It offers vacation packages to Mexico, the Caribbean, Costa Rica, the United States, and internationally; cruise vacations, and air and hotel/resort packages; and last-minute deals and sell-offs on package vacations, flights, hotels, and cruises. The company also offers booking services for flights, hotels, attractions, rail passes, and car rentals; and land and air packages, escorted tours, Australia Pacific tours, independent touring vacations, day tours, sightseeing, motor home rentals, ferry service, yachting, rail, hotel passes, accommodation, and honeymoon packages. In addition, it provides touring holidays, safaris, flexible short-sta...

5450 Explorer Drive

Mississauga, ON L4W 5N1

Canada

Founded in 1983

2,142 Employees

Phone:

416-485-1481

Fax:

416-485-1805

Key Executives for TravelBrands Inc.

Chief Executive Officer
President
Age: 68
Co-Founder
Age: 53
Founder
Chief Financial Officer and Senior Vice President
Age: 55
Compensation as of Fiscal Year 2015.

TravelBrands Inc. Key Developments

TravelBrands Inc. to Settle with Landlord of 75 Eglinton

TravelBrands Inc. filed documents with the Ontario Superior court of Justice that detail significant progress it has made towards emerging from Companies' Creditors Arrangement Act (CCAA) protection, including the development of a Plan of Compromise that would see affected creditors paid in full. The company announced that it has decided to enter into a settlement with the landlord of 75 Eglinton, which will be memorialized in an agreement that is currently being discussed between the relevant parties and will be executed in the near term. The Landlord Settlement will provide for the settlement of claims and potential claims of the Landlord against TravelBrands and certain related parties. Having reached agreements with stakeholders regarding the most pressing legacy issues associated with the Company's CCAA filing, TravelBrands is now better positioned to compete and flourish over the longer term.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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