Industry | Travel and Tourism |
---|---|
Founded | 1979 |
Headquarters | 6th of October City, 6th of October Governorate, Egypt |
Key people
|
Hamed El Chiaty (Chairman & CEO) |
Products | Passenger transport, travel agency, accommodation |
Revenue | EGP £8.8 billion (2008) |
Number of employees
|
24,000 (2010) |
Website | www.travcogroup.com |
Travco Group is a travel and tourism company in Egypt. The company is one of the largest travel and tourism companies in the Middle East. Travco Group provides transport, ranging from air travel to cruises as well as accommodation for tourists.
Travco Group owns 157 hotels, resorts and cruise ships and handles more than 1.3 million tourists annually.
Travco Group was founded in 1979 by Hamed El Chiaty.
The Group has permeated every facet of Egypt’s tourism industry, with a fully integrated business model.
Travco Group International Holding umbrella includes the following brands:
On 30 September 2009, Travco Group celebrated 30 years of operation with Prestigious Awards.
Travco and Sharjah-based Air Arabia operate a joint venture airline based in Egypt called Air Arabia Egypt which launched operations in June 2010. Travco Group owns 50% of the airline with Air Arabia a further 40% and the remaining 10% owned by private Egyptian investors.
Travco Group provides the airline with access to its network of tour operators, marketing and assistance with government relations.