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Carlson Companies company history timeline

1938

Carlson was founded in 1938 as the Gold Bond Stamp Company by Curt Carlson, who used a $55 loan to start his venture.

1939

Five months after he quit his steady job, Carlson made his first sale, in March 1939, to a small grocer in south Minneapolis.

1940

In 1940, strapped for cash, Carlson sold six $100 shares in his enterprise to friends but planned to buy them back when he became more solvent, since he was intent on retaining control of the company himself.

1941

By 1941, his client list had grown to include 200 merchants in the Minnesota area.

1944

In 1944, when Carlson was called up to join the war effort, he sold a half interest in the company to Truman Johnson, who had also been employed by Procter & Gamble, and left the business in his hands.

1946

In 1946 Carlson vowed to expand the company into seven states within the next five years.

1953

In 1953 Carlson scored a major coup, leaving behind forever the days of individual sales to "mom and pop"-type stores, when the largest grocery chain in the nation, Super Valu Stores, Inc., based in Minneapolis, began offering Gold Bond trading stamps.

1957

In 1957 Kroger, the company's original Top Value client, bought the Top Value portion of Carlson's business for $1 million.

1962

In 1962, Carlson purchased their first Radisson Hotel in Minneapolis.

1969

Carlson Associates, a family owned and operated real estate and land investment company, began when Lee Carlson sold the family dairy farm in 1969.

1973

Since its formation in 1973, Carlson Associates has been involved within the real estate and development of the Greater Denver Metropolitan Area.

The company was renamed Carlson Companies, Inc. in 1973 as they diversified into the hospitality, corporate incentive, and travel industries.

By 1973, the name of the Gold Bond Stamp Company had been changed to Carlson Companies, Inc., to better reflect the firm's expansion into new markets and businesses.

1975

Carlson purchased the chain in 1975 when there were just 12 restaurants.

Although the Carlson Companies underwent a slight recession in 1975, one acquisition made during that year proved to be a consistent money-earner.

1978

In 1978 Carlson began the acquisition of WaSko Gold Products, a New York City-based jewelry manufacturer, for about $18.2 million.

1979

After gaining experience in the hotel industry through the ownership of the Radisson Hotel chain, Carlson Companies ventured into the travel agency business in 1979.

1980

Starting in the early to mid 1980’s, Carlson Associates shifted its’ focus towards opportunities in residential land development.

1982

By 1982 Carlson's holdings had grown to encompass 75 different companies with combined sales of $2.1 billion.

Carlson and nine local businessmen friends bought it jointly, each holding ten percent. It was demolished in 1982, considered as being too old and deteriorated to renovate profitably.

1983

On January 1, 1983, Carlson appointed his son-in-law, Edwin C. (Skip) Gage III, to be executive vice-president.

1985

In 1985, Carlson Real Estate Company was formed to focus on the broad portfolio of holdings.

1986

In 1986 Carlson moved to cash in on its relationship with nearly 500 different travel agencies and raise the number of bookings for its 22 hotels.

1987

In 1987, Carlson founded Country Inns & Suites By Carlson.

1988

In 1988 Carlson Companies underwent a corporate reorganization that resulted in the formation of Carlson Holdings, Inc., a parent company governance for all the properties of the Carlson family.

1990

In late 1990, the Carlson Travel Network was forced to put some home office employees on a shortened work week to avoid layoffs, as its business was damaged by tension over the impending Persian Gulf War, which battered the travel industry.

1991

In 1991 the recession continued, and profits for Carlson Companies dipped.

1992

The company had operations in 38 countries, and it took to the high seas as well in May 1992, when it inaugurated service on a futuristic-looking cruise ship, the Radisson Diamond, through its newly formed Radisson Seven Seas Cruises luxury cruise line.

By 1992 Carlson was adding a travel agency a day to the more than 2,000 it already owned, and a new hotel every 10 days.

1993

Forbes reported in October 1993 that the success of the travel and hospitality groups was at least partly attributable to Curtis Carlson allowing the heads of these groups considerable autonomy.

1994

In 1994, Carlson Travel Group and Paris-based Wagonlit Travel signed an alliance to form Carlson Wagonlit Travel (CWT)— one of the world’s largest business travel management companies.

1995

CWT acquires Kaleva Travel Ltd., its partner since 1995, with operations in Finland, Estonia, Latvia, Lithuania and Romania.

As head of the newly renamed Carlson Hospitality Worldwide, Bartels continued to achieve impressive, profitable growth with his consistent reliance on franchising; this trend continued under John A. Norlander, a 21-year veteran of Radisson and Carlson who took over for the departing Bartels in 1995.

1996

In late 1996, Carlson formed a partnership with Four Seasons Hotels Inc. to expand the Four Seasons' Regent luxury-hotel chain.

1997

And in mid-1997 CLG expanded in the United Kingdom with the purchase of Inspirations PLC and its 97-unit, Glasgow, Scotland-headquartered A.T. Mays travel agency, the fourth-largest such agency in the United Kingdom.

In a return to their roots, the Carlson Companies started an electronic consumer incentive program named GoldPoints.com in 1997.

After essentially operating as one agency for a couple of years, Carlson Travel and Wagonlit were formerly merged in early 1997, with headquarters in Miami, Tanner acting as chairman, and Herve Gourio, who had headed Wagonlit, as cochairman.

1998

By January 1998, Radisson Seven Seas Cruises boasted of six luxury liners with a total capacity of 1,202 berths, making it the fourth-largest luxury cruise line in the world.

2000

In 2000, Carlson acquired the Park Plaza and Park Inn brands.

2004

November CWT expands its presence in Latin America with two acquisitions: Centenial Group, its partner in Costa Rica since 2004, in October, and Net Tour Viagens E Turismo LTDA (Net Tours) in Brazil.

2009

February CWT received a 2009 Business Travel Innovation Award for its compliance-enhancing solution CWT Policy Messenger at the Business Travel Show held in London.

2011

The program later was modified and became goldpoints plus, the incentive program of Carlson Hotels. (Effective March 31, 2011, Club Carlson replaced the goldpoints plus hotel loyalty program.)

2012

July CWT To Go TM, our mobile app, wins the 2012 Global Business Travel Association (GBTA) award for innovation of the year in the category of "Outstanding apps" – voted for by business travelers.

Carlson Rezidor Hotel Group was named Hotel Group of the Year at Worldwide Hospitality Awards 2012

2013

Rautio most previously served as the company’s CFO. In May 2013, Diana Nelson assumed the chairmanship of the board of directors, succeeding her mother, Marilyn Carlson Nelson, who also continues to serve on board.”

September CWT wins the GBTA Project ICARUS Europe travel supplier outstanding achievement award 2013 – intermediary, for the CWT Travel Stress Index.

2014

In 2014, the company further strengthened its relationship with a landmark, decade-long, $25 million investment in the University of Minnesota.

2017

April CWT reported strong 2017 performance.

2018

March CWT reported strong growth in 2018.

Radisson Hotel Group rebranded Club Carlson loyalty program to Radisson Rewards Rezidor Hotel Group AB (publ) renamed to Radisson Hospitality AB (publ) on 7 May 2018.

2019

June CWT publishes its 2019 Annual Responsible Business Report and reached its third consecutive annual EcoVadis Gold rating and the United Nations Global Compact Advanced Level rating for its annual Responsible Business Report.

2021

© 2021 Radisson Hotel Group.

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Founded
1938
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Headquarters
Minnetonka, MN
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Founders
Curt Carlson
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