Groupe Karavel - Promovacances in the news

Groupe Karavel-Promovacances acquired ABcroisiere.com to expand its presence in the cruise market and strengthen its online multi-specialist position.

Groupe Karavel - Promovacances is chartering emergency flights to repatriate 850 customers stranded in Asia and the Middle East due to sudden airspace closures.

Ownership of the travel group Karavel is transferring from Equistone to a consortium of investors including Montefiore Investment and Ceres Industries Capital.

French tourism group Karavel, owner of Promovacances and FRAM, is being sold by Equistone to a trio of investors.

Karavel/Promovacances has secured new French investors to drive growth through acquisitions and the launch of a premium travel brand called Fram Signature.

Groupe Fram reports a return to profitability while managing significant operational disruptions caused by air traffic control strikes and geopolitical instability.

Karavel Fram and Alpitour World formed a strategic alliance where Karavel Fram will integrate Alpitour France's operations and products to diversify its portfolio and create hotel synergies.

French online travel giant Karavel-Promovacances is acquiring Alpitour France's brands to expand its hotel and travel club offerings by 2025.

Alain de Mendonça steps down as head of Karavel-FRAM-Promovacances as leadership transitions to Cyrille Fradin and Folco Aloisi amidst a delayed acquisition by ADNEC.

Cyrille Fradin takes over as President of Karavel-FRAM-Promovacances as co-founder Alain de Mendonça steps down following significant revenue growth.

Alain de Mendonça resigned as president of Karavel Groupe after a failed attempt to sell a stake to an Emirati fund, with Cyrille Fradin taking over.

Alain de Mendonça is stepping down as the head of Karavel-FRAM-Promovacances, with Cyrille Fradin taking over as President and Folco Aloisi as General Director.

Adnec Group has acquired major French travel agency Karavel to expand its international tourism portfolio.

Catherine Cussigh has joined Groupe Karavel - Promovacances/Fram as Deputy General Manager to lead post-pandemic growth and diversification.

Karavel integrates the newly acquired Jumbo brand into its Plein Vent subsidiary to offer a clear budget-friendly club range for the French market.

Karavel-Promovacances is expanding its team and physical network by hiring former Thomas Cook France executives and acquiring thirteen of its agencies.

French online travel leader Karavel-Promovacances is expanding its physical retail network by acquiring 15 Thomas Cook agencies and seeking new franchise partners.

French online travel agency Promovacances expanded its physical retail footprint by acquiring fifteen former Thomas Cook France agencies.

Michel Quenot is appointed as the new CEO of Fram to stabilize management and lead the financial recovery under Karavel-Promovacances ownership.

Adverline Régie renewed its contract to manage advertising for Groupe Karavel's websites, including Fram and white-label content for Odigeo group sites.