After working together for the past two years, Amadeus is to make a strategic equity investment in the travelbyus.com technology distribution system.
This will result in more than 2000 travel agencies becoming the main distribution channel for travelbyus.com products to 20 million consumers.
The travelbyus.com business model is branded as “Click. Call. Come In.”; the company has acquired GalaxSea Cruises, Cruise Shoppes of America, BTS Cruises, Cheap Seats, Mr. Cheaps and the management of Global Leisure Companies and Sunmakers, giving access to a wide range of leisure products.
Closing of the transaction is subject to final terms, regulatory clearance and board approval.
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