Minnesota Agencies Combine: Schilling Travel to Acquire Riverdale Travel

by Richard D’Ambrosio

Minneapolis-based Schilling Travel has acquired Coon Rapids, Minnesota-based Riverdale Travel to form a company representing more than $20 million in travel sales.

The combined entity will be part of parent company and privately-held Allied Continental Holdings. According to a press statement, the Riverdale Travel acquisition is part of a strategic plan to “acquire and integrate travel agencies throughout the Midwest.”

Riverdale Travel President Sandy Anderson will serve as President of the travel agency operations, and Brenda Nobbe of Riverdale will be a vice president. Amy Ferreira of Allied Continental Holdings will serve as a non-operating partner, and Schilling Travel President Robert Herman will serve as managing partner for Allied Continental Holdings.

Riverdale Travel opened in 1986, with Sandy Anderson and her mother Carol at the helm. Anderson is a member of the Travel Market Report Advisory Board.

The two agencies will continue operating under their distinct names after the close of the sale, which is expected by July 2. The two agencies did not disclose terms of the agreement.

Herman said it’s Allied Continental’s intention to “dramatically grow our travel agency operations.”

  1
  0
Tip of the Day
Daily Top List

Best Coastal Florida Cities

1. St. Pete Beach

2. Miami

3. St. Augustine

4. Sarasota/Siesta Key

5. Key West

Source: Thrillist

TMR THIS WEEK
http://services.travelsavers.com/AMGService.svc/REST/GetImage?ImageID=790331bd-ff88-e811-853f-782bcb667b27

Artificial Intelligence is the Future the Jetsons Told Us About

Customer loyalty is the ultimate reward for travel agents who tap into artificial intelligence. While still early in its application to travel, many companies are quickly realizing the need to implement AI to improve their travel customer service and trip planning.

TMR Recommendations
Top Stories
Million-Dollar Travel Agents Share Their Sales Tips
Million-Dollar Travel Agents Share Their Sales Tips

What does it take to get to a million dollars in travel sales? Focus. Learn. Then get out there and sell it.

Millennials Offer Travel Agents the Best Opportunity for Client Vacation Social Media Posts
Millennials Offer Travel Agents the Best Opportunity for Client Vacation Social Media Posts

Younger travelers are more likely to curate the best pictures and experiences on vacation, generating higher quality social media testimonials for travel agents.

Six of the Best Bucket List Travel Options for Empty Nesters
Six of the Best Bucket List Travel Options for Empty Nesters

Study shows that as the last child flees the coop, Baby Boomers plan to take even more vacations – without the kids. Here are the top spots to book for them.

After Settling with States, Travel Insurance Companies Begin to Standardize Practices Nationally
After Settling with States, Travel Insurance Companies Begin to Standardize Practices Nationally

Settlements with state insurance commissioners are moving travel insurers closer to common, written industry practices, but the impact on travelers and agents is uncertain.

Accompanying Group Travelers Isn’t a Simple Decision
Accompanying Group Travelers Isn’t a Simple Decision

Should you stay, or should you go? Travel agents offer their opinions about whether it’s best to accompany groups on the trips they book or not.

Headquarter Happenings: Travel Leaders Rolls Out ‘Game Changer’ for Its Agents
Headquarter Happenings: Travel Leaders Rolls Out ‘Game Changer’ for Its Agents

In addition to a new partnership with American Express, Travel Leaders Network capitalizes on its investment in Vacation.com consumer website, and launches a website to help agency owners find potential buyers.

News Briefs
TMR Report Cards
Advertiser's Voice
Advertiser's Voice: Norwegian Cruise Line