H.I.S. acquisition of Red Label Vacations Inc. is complete
TravelBrands’ CEO and executive team excited to lead organization into next chapter
MISSISSAUGA, ON – Red Label Vacations Inc. (RLV) which operates TravelBrands, has been acquired by a subsidiary of H.I.S. Co., Ltd. (H.I.S.) Frank DeMarinis will continue on as president and CEO of TravelBrands. As president and CEO, Frank oversees a diverse portfolio of both retail and wholesale brands while driving the strategy and integration of the organization.
TravelBrands’ executive team will keep leading the organization and achieving its goals. Each with their own unique set of skills and expertise, the executive team members include:
Diane Lattavo – senior vice president, air and operations
Nathalie Tanious – senior vice president, commercial
Elvi Cal – vice president, product development
Sam Youssef – director of integrated marketing
John Puntillo – CIO and vice president of information technology
Tony Saunders – senior vice president and CFO
The completion of the sale brings a new stage of growth and development for the organization as a whole. With the support of H.I.S., TravelBrands is expecting to enhance its service and offerings to travellers and travel agents alike.
H.I.S. is a publicly traded multi-national travel company based in Japan. With over 12,000 employees worldwide, H.I.S. has developed a global footprint and offers services in a range of sectors beyond travel, including theme parks, hotels and others. Under the agreement with H.I.S., RLV will continue to operate as an independent, wholly-owned subsidiary of H.I.S.
For more information about TravelBrands, its offerings and the executive team, please visit www.travelbrands.com
About TravelBrands Inc.
A division of H.I.S.-Red Label Vacations Inc., TravelBrands gives agents and consumers access to the world. It is one of the largest travel companies in Canada, active in both the wholesale and retail travel industry. TravelBrands offers a wide range of travel options – including flights, hotels, cruises, attractions, rail passes, car rentals and more.