Schafroth digests GTA buy

KUONI Group says it is making good progress with integrating Gullivers Travel Associates (GTA) into its Division Destinations arm, a process that is expected to take four months.

Nearly two months following the acquisition of GTA from Travelport (TTG Asia e-Daily, May 6), Rolf Schafroth, the new CEO of GTA and Kuoni Destination Management (KDM), painted a positive picture of both GTA and KDM senior management working together to review current structures, businesses and processes, in order to shape the division for further growth.

The division will comprise half of Kuoni’s annual turnover, balancing the group in a new way.

Schafroth said: “It’s not an objective of the integration process to change the goals of GTA, or KDM. On the contrary, they remain very much unchanged. The focus is on the right organisation and activities to best cater and capture growth potential.”

“Both GTA and KDM have a clear and strong position in the market. We will continue to grow our market share, this is also much to the benefit of our clients and suppliers.”

– Read the full interview in Schafroth digests GTA acquisition, Editor’s Pick

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