WASHINGTON, DC, Feb. 15 /CNW/ - RADIUS - the global travel company
announced today that continued growth in 2008 is assured through successful
travel agency recruitment and progress in the development of the RADIUS
multinational account consolidation program. With 92 travel agencies operating
from more than 4,000 branch locations in 80 countries to produce a
$19 billion USD in combined sales turnover, RADIUS is one of the largest
travel management companies in the world.
The new agencies who have joined RADIUS in 2007 include AAA Wrislit,
Lithuania; Aktina Travel, Greece; Golden Formosa Travel Services, Taiwan;
KD Travel Services, Malta; Marine Tours, Greece; New Logic, Ukraine;
Omega Travel and Tours, Bahrain; Tangerine Travel (formerly ETI Travel), USA;
Turisa Quito, Ecuador; and World Travel, Inc., USA. RADIUS travel agencies
commit themselves to higher-level state-of-the-practice operations and service
standards including common systems, common client reporting as well as
financial commitment to the operation.
The growing network of RADIUS agencies contributes directly to the
progress made by the RADIUS multinational corporate sales efforts. As
corporations look at consolidation across multiple regions as a method for
obtaining travel management services and containing travel and entertainment
costs, RADIUS responds with customer-focused programs to work with these
corporations on a multinational level, including local and regional account
management, executive management support, and technological, financial
expertise and global supplier relations.
Guiding this successful strategy is the RADIUS Board of Directors that
was elected and installed in September 2007. The members, all principals of
RADIUS travel agencies are: Bob Govan, Director, Marketing and Development,
Portman Travel Limited; Andreas Heimann, Managing Director, DERPART
Reisevertrieb GmbH; Pesi Shavak Patel, Director, Cox and Kings (India);
Brian Robertson, Chief Operating Officer, Vision 2000 Travel Group Inc.;
Axel Chr. Rasmussen, Managing Director and CEO, Weco Travel International A/S;
and Bill Tech, CTIE, President and CEO, Travel and Transport, Inc. Also
sitting on the Board is Allan G. Slan, RADIUS Interim President and CEO.
Slan, commenting on the strong RADIUS performance offered: "We are
pleased with our success as we go into 2008. Our strategy for building
awareness and gaining market-share has enabled us to not only position RADIUS
to meet current business requirements, but also will to deliver the
performance and capacity we'll need in the future. Even with the current
economic situation we are confident that we will enhance the value we offer
our stakeholders, including our corporate clients, the RADIUS travel agencies
that serve them, and the suppliers with whom we partner."
RADIUS - the global travel company is one of the world's largest travel
management companies with combined annual sales of over USD 19 billion. RADIUS
is comprised of 92 shareholder travel agencies in 80 countries around the
world with over 4,000 locations and is headquartered in the United States with
regional offices servicing the Americas, EMEA, and Asia Pacific. Press
releases are available at www.radiustravel.com.
For further information:
For further information: For media enquiries: Ethan Z Simon, RADIUS -
the global travel company, Tel: (301) 941 0368, Email: