Vision Travel Solutions has entered into a definitive agreement to purchase a controlling interest in Voyages Groupe Ideal, one of Quebec’s largest independent travel agencies.
Voyages Groupe Ideal, which will now operate as “ideal” - a division of Vision Travel Solutions, was established in 1989 and for more than 25 years has been a major player in the corporate and leisure sector, especially in high end luxury travel. All 55 team members will remain in place following the acquisition, said a statement from Vision.
Vision Travel President Joel Ostrov made the announcement in Montreal, stating “this acquisition is an important step for our company in reaching its goal of becoming a one billion dollar company by 2018. Voyages Groupe Ideal shares our customer service philosophy, and by acquiring a majority of their shares, we are increasing our visibility in the Quebec market while strengthening our position with our suppliers.”
Industry veterans Nadia Giudice, Shelley Fisher and Lisa Stotland will remain as significant shareholders and will assume their new roles as Vice Presidents of the “ideal” division of Vision Travel. Giudice, Fisher and Stotland will continue to operate out of their offices on Paré St. in Montreal, bringing with them years of experience as well as a strong team of travel professionals.