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| | Tuesday, February 07, 2012, 13:00 Hrs [IST] | GTA founder, David Babai returns to travel industry as Chairman of G2 Travel | Focus of the start-up company is leisure group travel with Asia as one of the key origin markets | | By TBM Staff | Mumbai |
| | After a hitaus of over six years from the industry, David Babai, travel entreprenuer who founded and built Gullivers Travel Associates (GTA) and eventually sold it to Cendant in 2005 for USD 1.1 billion has re-entered the wholesale tourism business as the Chairman of a start up G2 Travel (www.G2-travel.com). Babai on selling GTA to Cendant (which later became Travelport) signed a non-compete agreement for a period of six years. In April 2011, almost on the expiration date of his restrictions, GTA was sold to Kuoni for USD 720 million. Set up recently, the focus of G2 Travel is group travel with key origin markets as Asia, Middle East, Australia, North America and Europe.
The top management of G2 Travel are all former GTA staff, who have left senior positions in other travel companies to create the start up. The senior team has been carefully hand-picked for its average 20 plus years experience in business development, | | Read complete story >> (You need to login first to read complete story). New User? Register for FREE! |
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