InteleTravel has acquired McVeigh Global Meetings & Events (MGME), a full-service global events agency with over 30 years of expertise in event planning, strategic meeting management, incentive travel programs and creative production.
The acquisition follows a similar announcement a year ago when InteleTravel acquired corporate travel alliance Hickory Global Partners. The venture means Hickory, in particular, will expand its value proposition to members with a new, significant source of revenue. The MGME integration will empower Hickory member corporate agencies and travel departments to offer their clients event production, meeting planning, conference logistical services and creative development.
MGME will continue operating as an independent brand but as a wholly owned unit of InteleTravel, just like Hickory; however, MGME and its clients will benefit from InteleTravel’s resources and scale, as the three companies join in business development, purchasing power, cross-utilizing capabilities, and finding economies and efficiencies. For instance, InteleTravel’s booking technology and automation will add value for MGME and its clients; Hickory will provide air fulfillment for MGME events through its Hickory Solutions365 launched last year; and the three companies will consolidate some supply partner contracts for hotels (MGME books over 100,000 room nights annually), air, car and even cruise—where InteleTravel’s expertise in charters and relationships with cruise lines will help develop MGME event-at-sea offerings.
The deal highlights InteleTravel’s continued growth, ending 2023 with nearly $1 billion in sales and a network of 100,000 travel advisors. A new educational program is planned to teach advisors to generate qualified leads for MGME services, allowing a new source of commission income for InteleTravel advisors and a new source of business for MGME. Additionally, MGME will enhance the attendee experience and logistics of InteleTravel’s calendar of over 40 large-scale events each year.
MGME produces upwards of 1,000 events and conferences annually (in-person, virtual and hybrid formats) across more than 70 countries, with a value of travel and hospitality spend of over $500 million each year.
For more information, visit www.InteleTravel.com.
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