Classic Vacation Group, Inc. - GVG- Profile

Global Vacation Group, Inc. provides vacation travel products and services targeted at the higher income customers. The company's services include provision of accommodations, road maps, sightseeing guides, theater tickets and restaurant vouchers to individuals traveling in the United States. The company also develops customized group and escorted tour products which include accommodations, airport transfers, tour bus transportation and guide services. The products and services of the company are sold through retail travel distributors, such as travel agents and through other distribution channels including the internet and affinity groups. The company became publicly held in August 1998. The company has incurred $2.8 million as year 2000 expenses till the year ended 1999. The company acquired Friendly Holidays, Island Resort Tours, International Travel & resorts & Trase Miller Solutions in 1999.