Kuoni completes GTA acquisition

KUONI has completed its takeover of Gullivers Travel Associates (GTA) as planned (TTG Asia e-Daily, March 7).

With its acquisition of GTA from Travelport, which will be integrated into the Division Destinations arm of the Kuoni Group, Kuoni will become one of the leading global providers of online destination management services.

The new CEO of GTA is Rolf Schafroth, a member of the Kuoni Group executive board and responsible for Division Destinations. He will also continue to serve as CEO of the Kuoni Destination Management unit.

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