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Mindy PoderExecutive Editor

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Avoya Announces New Shareholder, Certares, and Retirements

Nov 19, 2021
Consortia/Host Agencies  Travel Agents  Travel News  
Avoya Announces New Shareholder, Certares, and Retirements
Brothers Mike (left) and Jeff (right) Anderson, pictured here in 2020 during the opening of Avoya's Innovation Center, are now co-CEOs of Avoya Travel.
Credit: 2021 Avoya Travel

Today, Avoya’s Jeff Anderson announced that Avoya Travel has a new shareholder: Certares, a global private equity firm that is invested in fellow travel brands such as G Adventures, Liberty TripAdvisor Holdings, Internova Travel Group, AmaWaterways and others.

Co-founders Van and Brad Anderson will no longer be shareholders in the business. Van is retiring effective immediately and Brad is moving to a new role as senior advisor to the organization as part of the transition.

This is a reason to celebrate. It’s always been an ambition of ours.

 

In addition, Jeff and Mike Anderson are changing roles from co-presidents to co-CEOs.  

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Jeff Anderson, who excitedly made the announcement via a video call, said that with Certares as a partner, there will be bigger and better things that Avoya will be able to do. He added that members can expect a lot of upcoming growth, as well as more announcements within the next several weeks. 

avoyacertares
Jeff Anderson, co-CEO of Avoya Travel, announced that Certares is now one of Avoya's three shareholders, along with Mike Anderson and himself.
Credit: 2021 Avoya Travel

"This game changes now,” he said. “This is a reason to celebrate. It’s always been an ambition of ours.” 

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