January 26, 2021

Globalia and Barceló merge to create a travel giant | Economy



Globalia and Barceló have agreed to merge their travel agencies to create a tourism giant in Spain. Each of the two groups will have 50% of the new merged company, which will integrate brands such as Halcón Viajes, Travelplan and Avoris, informed sources of the negotiation.

The operation takes place after the sale by Globalia of Air Europa to Iberia, so that the Hidalgo family gives a folder to the leadership of a historical group, and chooses to join another large sector to compete with rivals such as Travel The English Court.

The new company will have 1,500 points of sale and its turnover will amount to 3,700 million euros.

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