Titan Travel

Titan Travel
Public
Traded as LSE: SAGA
Industry Travel
Founded 1978
Founder Irwin Ferry & Hugh Ferry
Headquarters Redhill, Surrey, UK
Key people
Andy Squirrell, Managing Director; Lance Batchelor, Chief Executive
Parent Saga plc
Website www.titantravel.co.uk

Titan Travel is a British travel company founded in 1978 by brothers Hugh and Irwin Ferry. The company operates from its head office in the UK, in Redhill, Surrey. It is part of the Saga plc[1] group of companies which is listed is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

In 1978, Irwin Ferry, then the managing editor of a Surrey newspaper, set up Titan Travel, under the name Titan HiTours with his brother Hugh. The new company was located in a small office in Reigate, Surrey with a staff of five people and initially only ran coach tours of the UK.

It expanded its operations during the 1980s to include coach tours to a range of northern European destinations and it was during this time that Titan launched its pioneering VIP Home Departure Service, offering door-to-door transport for all UK customers.

In 1989 Titan HiTours opened offices in Redhill, Surrey and in the 1990s introduced a collection of tours to the USA and Canada. These regions quickly became Titan’s biggest sellers and have remained so to the present day. The company moved to its current premises at Crossoak Lane in Redhill in 1999.

Change of ownership

In 2009 it was acquired by Acromas Holdings as a sister company of Saga and The AA. Titan HiTours was re-launched as Titan Travel in 2011.

In May 2014, it was announced that Lance Batchelor - formerly head of Domino's Pizza - would be taking the role of CEO of the Saga Group ahead of a possible initial public offering (IPO). In May 2014, Saga Group was successfully listed on the London Stock Exchange as Saga PLC.[2]

Awards

Titan has won numerous industry accolades for its products and services since its inception. The most recent awards are as follows:

Operations

References

This article is issued from Wikipedia - version of the 4/5/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.