Uniglobe Travel USA has merged nine of its top agency franchises and its franchisor division to create a separate $200 million consolidated travel management company that will focus on corporate accounts of up to $20 million in annual air, car and hotel spending, the company’s leaders said.
On average, the members of Uniglobe Travel Partners handle accounts of $8 million to $10 million, but the merger will enable them to add large multinational accounts to its portfolio of 225 major accounts, according to Marie Magliano, president of the newly formed company. “We are going to take it to the next level,” she said.
In an equity shareholder, joint ownership deal, Uniglobe Travel Partners will have 13 offices in 11 U.S. cities, including New York, San Francisco and Houston. The company remains part of the Uniglobe network, which has more than 700 franchises in 30 countries
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