FROSCH ACQUIRES CAREFREE VACATIONS AND GLOBALPOINT TRAVEL SOLUTIONS
New York (December 18, 2017) – Global travel management company, Frosch International Travel, Inc. (“FROSCH”), has acquired Carefree Vacations and GlobalPoint Travel Solutions. Effective January 1, 2018, the entities will be known as Carefree Vacations, a FROSCH Company and GlobalPoint Travel Solutions, a FROSCH Company.
For the past three years, Carefree Vacations and GlobalPoint Travel Solutions have operated under an ownership split between Frosch Travel (FROSCH) and Tim Smith. Smith is extremely pleased with his companies’ transition to be wholly-owned by FROSCH. “FROSCH has office locations across the world and a global network of supplier partners who will provide even more traveler options, added value products, services, and proprietary price advantages; all of which will accrue to our clients. These brands that you have come to know and trust over the years will not change. We will have the same travel experts and the same retail locations. Our customers will be the beneficiaries of this change with added amenities and favorable pricing that FROSCH enjoys as a preeminent provider of leisure and corporate travel services.”
Jennifer McGuigan, Director of Leisure Strategies and Carefree Vacations/GlobalPoint Travel Solutions added, “It is very exciting to have Carefree Vacations and GlobalPoint join the FROSCH family. They have been an industry leader in San Diego for over 30 years. The front-line agents, both leisure and corporate, as well as support personnel provide exemplary service which perfectly aligns with FROSCH’s core values, especially Deliver the Unexpected. Having worked at both companies, I feel the cultures are a perfect match, and I am extremely excited to be leading such an amazing group that will help achieve FROSCH’s goal of being the very best in the travel industry.”
Carefree Vacations and GlobalPoint Travel Solutions have been part of the San Diego community, providing superior business and leisure travel services, for more than 50 years. Carefree Vacations specializes in luxury cruising, upscale honeymoon planning, and family and group travel. GlobalPoint Travel Solutions partners with many high profile organizations, like the San Diego Padres, to facilitate their corporate travel.
With the acquisition, FROSCH significantly strengthens its presence in Southern California.
Frosch Travel (FROSCH) is a privately owned travel management company co-headquartered in New York and Houston, generating over $1.75 billion in annual travel spend. FROSCH maintains offices both nationwide and worldwide, placing it among the top ten agencies in the US, with dedicated divisions for corporate travel, energy travel, leisure travel, group travel, entertainment travel, meetings & event planning, and rewards & incentives. FROSCH is a member of the Signature Travel Network consortium, which provides resources, technology and marketing for member agencies. FROSCH continues its strategic expansion with Global Centers of Excellence now located in Australia, Brazil, Canada, China, Colombia, Germany, Hong Kong, India, Ireland, Israel, Japan, Malaysia, Mexico, Philippines, Poland, Singapore, South Africa, United Arab Emirates, and United Kingdom. For more information, visit www.frosch.com.
About Carefree Vacations and GlobalPoint Travel Solutions:
Carefree Vacations and GlobalPoint Travel Solutions have been serving their travel community and beyond since 1963. For more information, visit www.carefreevacations.com, www.globalpointtravelsolutions.com
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