Trevello World Holdings Inc. has acquired U.S.-based Gifted Travel Network (GTN) in a move that marks the Canadian host agency's first expansion into the American market.
The deal allows Trevello, which operates Canada's largest host agency, to establish a presence in luxury travel through GTN while maintaining the US company's existing brand and leadership.
"This is a pivotal moment for Trevello as we bring our proven expertise and commitment to advisor success into the world's largest travel market," said Morris Chia, founder and CEO of Trevello World Holdings.
GTN will continue operating as a division of Trevello World Holdings, with co-founder Jen Cochrane remaining as CEO. Through the acquisition, Cochrane and former co-owner Meredith Calloway become shareholders in Trevello World Holdings.
"GTN's entrepreneurial spirit and commitment to excellence align seamlessly with Trevello's vision," Cochrane said.
Chia will oversee the U.S. market expansion alongside Trevello World Holdings co-founder and COO Zeina Gedeon, who currently leads Trevello Canada operations.
The companies plan to expand their professional development programs and entrepreneurial support services for travel advisors. GTN specializes in luxury travel advisor training and community building.
"We are committed to developing a sustainable and rewarding future for travel advisors," Chia said. "With the acquisition of GTN we are taking the first step forward in starting to reimagine what success looks like in this industry."
Financial terms of the acquisition were not disclosed.
Editor’s Note: This article was generated by AI, based on a press release distributed by Trevello World Holdings Inc. It has been fact-checked and reviewed by a TravelAge West editor.
