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Kuoni Destination Management USA history
Kuoni Destination Management USA company history timeline
Alfred Kuoni launched his pioneering travel agency in Switzerland in 1906.
A native of Chur, Switzerland, Alfred Kuoni moved to Zurich to open a travel agency in 1906.
Since then, Kuoni has grown to become the country’s leading longhaul tour operator, has picked up over 200 service and travel awards and has opened over 40 beautiful Kuoni stores. It started a long time ago, in 1906, when one man, Alfred Kuoni, decided to make it easier for people to travel and founded Kuoni in Switzerland.(Source: Karl Lüönd, Globally yours Kuoni: The Future of Travel.
In 1925, Kuoni reincorporated as a joint-stock company, with shares remaining within the Kuoni family.
1951: First charter flights to Africa are launched.
1963: Japanese branch office is opened.
Kuoni grew to be the biggest travel company in Switzerland and arrived in the UK in 1965.
1970: Austria office is opened; name is changed to Kuoni Travel Ltd.
After opening a subsidiary in Austria at the beginning of the decade, Kuoni now launched subsidiaries in Germany and Spain, both in 1973, and a subsidiary in Greece the following year.
1973: German and Spanish subsidiaries are established.
In 1977, the company began marketing its first around-the-world tour.
1987: Reisburo NUR Neckermann (Austria) is acquired.
1990: Privat Safaris and Resieburo Popularis are acquired.
The sale of SwissAir's 30 percent holding created the opening for Germany's Krauthof AG department store group to acquire a 50.1 percent majority of Kuoni in 1992.
Also in 1998, Kuoni launched a joint venture with Italy's Gastaldi Tours.
1999: Merger is attempted with First Choice Holidays (U.K.); Intrav (United StatesA.) is acquired.
Kuoni takes 2000 UK visitors to the Expo 70 exhibition in Japan, and introduces the first holiday charter flight to the Far East.
The year 2000 saw Kuoni not only strengthen its hold on the Swiss travel market--taking a 49 percent share in ITV, Switzerland's third largest tour group and subsidiary of Germany's Preussag--but also expand its presence in its new target markets of Scandinavia and India.
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Kuoni Destination Management USA competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Vantage Deluxe World Travel | 1983 | $7.2M | 100 | - |
| Preferred Hotels & Resorts | 1968 | $27.0M | 301 | 2 |
| Core Group | 1990 | $10.0M | 50 | 47 |
| Kerzner International | 1993 | $960,000 | 50 | 70 |
| Trans National Travel, Inc | - | $6.0M | 75 | - |
| Focus Brands | 2001 | $750.0M | 12,631 | 27 |
| Carver Hotel Group | 2013 | $1.4M | 105 | - |
| The Leading Hotels of the World | 1928 | $51.0M | 300 | - |
| Lomas Santa Fe Country Club | - | $1.7M | 17 | - |
| MAJOR FOOD GROUP | 2010 | $20.0M | 750 | 425 |
Kuoni Destination Management USA history FAQs
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