Internova Travel Group

What Internova Travel Group does

Internova Travel Group is a privately-held travel services holding company majority-owned by private equity firm Certares Management LLC, headquartered in New York City and tracing its operating lineage to Ask Mr. Foster (1888) via Carlson Wagonlit and Carlson Leisure Group. Formally established in 2008 through a management-led buyout of Carlson Leisure Group that created Travel Acquisitions Group (later Travel Leaders Group), the company rebranded to Internova Travel Group in May 2020 under CEO J.D. O'Hara. The company is organized into three service categories — Advisor Services (Global Travel Collection, Nexion), Agency Services (Travel Leaders Network consortium), and Direct Services (ALTOUR corporate, The Vacation Group leisure) — operating more than 100,000 travel advisors across 6,000+ agency locations in 80+ countries, with Travel Leaders Network alone generating approximately $21 billion in annual gross travel sales.\n\nThe platform is anchored on proprietary technology including Agent Profiler (a lead-generation system hosting 21,500 advisor profiles and producing roughly $750 million in annual sales at $11,017 average sale-per-lead), the SNAP air booking tool (83% year-over-year adoption growth), and preferred-supplier programs such as SELECT Hotels & Resorts and the Global Travel Collection Cruise Council. Distribution is executed through multi-brand division-headquartered channels: Travel Leaders Network as a consortium providing technology and supplier access to ~5,700 agencies; Nexion as a host agency supporting 6,200+ independent advisors; Global Travel Collection serving luxury and high-net-worth clients with 1,500+ advisors generating $2.4 billion in annual sales; ALTOUR for corporate travel management; and The Vacation Group (Barrhead Travel, Andrew Harper, Cruise Specialists, Roadtrips) for direct-to-consumer leisure.\n\nRevenue is generated through four intertwined streams: commission-based booking fees on $21B+ in annual gross travel sales (transaction fees), subscription and membership fees from host-agency advisors and consortium members (Nexion, Travel Leaders Network), managed services and meetings for corporate clients via ALTOUR, and direct leisure sales through The Vacation Group brands. Pricing is quote-based through advisors rather than publicly disclosed, with average high-end transactions exceeding $20,000 per luxury cruise booking. The company backs this distribution with preferred-supplier negotiating power (garnering exclusive amenities, agent commission overrides, and amenity programs), supplier partnerships (e.g., Viking, NBC Universal/LXTV for media), and 15+ wholly-owned subsidiaries retained under their original brand identities since the 2008 buyout and subsequent acquisition program through 2019 (YES, Barrhead, Colletts, Protravel, Tzell, Nexion, Vacation.com, Andrew Harper, ALTOUR, Cruise Specialists, Bonotel, Roadtrips, In the Know Experiences, Corporate Travel Services of Mexico, and Global Travel Collection).

Name

Internova Travel Group

Legal name

Travel Leaders Group Holdings, LLC dba Internova Travel Group

Website

https://internova.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Internova Travel Group is a privately-held, Certares-backed travel services holding company operating 100,000+ travel advisors across 6,000+ agency locations in 80+ countries through consortium, host agency, luxury, corporate, and leisure divisions serving leisure, corporate, luxury, and entertainment travelers.

Ownership category

akta.pro rank

Product category

Travel Agency Services

NAICS

Travel Agencies (561510), Travel Agencies (56151)

akta.pro primary industry

Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB)

akta.pro secondary industries

Luxury Travel Agencies (THAKAFAA), Meetings & Group Travel Management (Corporate Groups) (THAKAMAC), Sports & Active Travel Agencies (e.g., ski, golf, dive) (THAKAFAJ)

Keywords

• Travel agency services
• Corporate travel management
• Luxury travel advisors
• Travel consortium network
• Host agency services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Travel Agency Services: Commission-based revenue from booking travel services including cruises, hotels, tours, airfare, and vacation packages through its network of travel advisors and agencies. Travel Leaders Network generates nearly $21 billion in annual gross travel sales.
2. Host Agency Membership Fees: Nexion Travel Group provides support services to independent travel advisors for membership fees, supporting over 6,200 independent advisors in the US and Canada.
3. Corporate Travel Management: ALTOUR provides corporate travel management services including customized travel fulfillment and meetings management for business clients. Business travel represents the largest share of private jet usage in 2026.
4. Consortium and Network Fees: Travel Leaders Network operates as a consortium providing technology, marketing resources, and preferred supplier relationships to member agencies in exchange for network participation fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Internova Travel Group operates as one of the largest privately-held travel services companies, providing expertise in leisure, corporate, luxury and entertainment travel through a network of more than 100,000 travel advisors across 6,000+ company-owned, franchised, and affiliated travel agencies in 80+ countries. Its portfolio includes Travel Leaders Network (consortium), Nexion Travel Group (host agency), Global Travel Collection (luxury), ALTOUR (corporate), and The Vacation Group (leisure brands), collectively generating approximately $21 billion in annual gross travel sales.

Product overview

Internova Travel Group operates a platform-plus-modules architecture comprising multiple distinct divisions and brands. The company is organized into three main service categories: Advisor Services (luxury brands including Global Travel Collection and Nexion), Agency Services (Travel Leaders Network consortium), and Direct Services (corporate through ALTOUR and leisure through The Vacation Group). Key product lines include hotel programs (SELECT Hotels & Resorts), cruise programs (Voyage, Culinary, Amenity), and specialty products (Bonotel, Roadtrips). Technology platforms like Agent Profiler provide lead generation, while subsidiary brands Andrew Harper, Barrhead Travel, Cruise Specialists, and In the Know Experiences serve specific market segments. The company manages over 100,000 travel advisors across more than 6,000 locations.

Differentiator

Problem solved

Functional benefit

Brands

• Global Travel Collection: Luxury travel agency division comprising independent travel advisor businesses in luxury leisure, high-end corporate, and production and entertainment travel.
• Nexion Travel Group
• Travel Leaders Network
• ALTOUR
• The Vacation Group
• Vacation.com
• SELECT Hotels & Resorts
• Roadtrips
• Bonotel Exclusive Travel
• Family Bonds Foundation
• Internova Green Circle

Products and services

• ALTOUR
• Global Travel Collection
• Travel Leaders Network (TLN)
• Nexion Travel Group
• The Vacation Group
• Andrew Harper
• Barrhead Travel
• Cruise Specialists
• Bonotel Exclusive Travel
• Roadtrips
• YES (Your Event Solutions)
• In the Know Experiences (ITK)
• ALTOUR One

Quantifiable outcome

• 64% revenue growth for destination partners like Croatia over 3 years
• +3 more outcomes

Named customers6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Croatia TourismcoreGTM or Marketing Partner · 19 March 2026Croatia is a destination partner at Internova's Focus on Partnership 2026 event. Croatia reported 64% revenue growth and 39% traveler growth over three years through Internova.
• Tenerife TourismcoreGTM or Marketing Partner · 19 March 2026Tenerife is a destination partner at Internova's Focus on Partnership 2026 event, testifying to the partnership's effectiveness with Internova's network of 114,000 travel advisors.
• NBC Universal / LXTVcoreGTM or Marketing Partner · 13 February 2026Global Travel Collection partnered with LXTV (NBC Universal Local) to produce Extra Mile Club travel series showcasing advisors designing bespoke luxury travel for Tara Lipinski and Johnny Weir.
• ILTM CannescoreStrategic or Co-development Partner · 4 December 2025Internova participates at ILTM Cannes annually presenting luxury booking data and trends. The 2025 event highlighted increased demand for privacy, immersive destinations, and premium sea and air travel with notable growth in Europe and Japan.
• IGLTA (International LGBTQ+ Travel Association)minorStrategic or Co-development PartnerAlbert Herrera serves on the board of directors of IGLTA, International LGBTQ+ Travel Association.
• Forbes Travel Guide Strategy CommitteeminorStrategic or Co-development PartnerAlbert Herrera is a member of Forbes Travel Guide's Strategy Committee.
• IHG Global Luxury Advisory BoardminorStrategic or Co-development PartnerAlbert Herrera is a member of the IHG Global Luxury Advisory Board.
• Viking CruisescoreGTM or Marketing PartnerClub Cruise received the 2026 EDGE Viking Loyalty Award recognizing continued growth, leadership, and expanding partnership within the Viking advisor community.
• Sustainable Travel InternationalminorStrategic or Co-development PartnerInternova partnered with Sustainable Travel International to offer more sustainable solutions to support travelers through their climate mitigation journey.

Scale indicators15 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• American Express Global Business Travel (Amex GBT): Amex GBT is one of the world's largest corporate travel management companies and a direct competitor to Internova's ALTOUR division. Both serve enterprise corporate travel needs with similar technology platforms, supplier negotiating leverage, and advisor-supported service models.
• BCD Travel: BCD Travel is a top-3 global corporate travel management company competing directly with ALTOUR for enterprise travel management contracts. Both serve multinational corporations with managed travel programs, meetings and events, and supplier-direct booking platforms.
• CWT (Carlson Wagonlit Travel): CWT is a global corporate travel management competitor with comparable enterprise TMC services, technology platforms, and meeting/event solutions. Direct overlap with Internova's ALTOUR corporate travel business and similar heritage in the Carlson Companies ecosystem.
• Virtuoso: Virtuoso is a leading luxury travel network of 20,000+ advisors competing directly with Internova's Global Travel Collection. Both focus on luxury leisure, supplier preferred relationships, and high-net-worth client services with similar membership-based agency models.
• Ensemble Travel Group: Ensemble is a member-owned travel agency consortium providing similar consortium services to Travel Leaders Network. Lindsay Pearlman (now TLN President) was previously Co-President of Ensemble, demonstrating direct competitive and personnel overlap in the agency network space.
• Direct Travel: Direct Travel is a US-based corporate travel management company competing with ALTOUR for mid-market and enterprise corporate accounts. Both offer technology-enabled managed travel programs with similar supplier-direct contracting models.
• World Travel Holdings: World Travel Holdings is one of the largest travel distribution companies in North America specializing in cruise and vacation packages. Competes with Internova's The Vacation Group, Cruise Specialists, and Vacation.com divisions across consumer cruise/vacation sales channels.

Broad incumbents

• Booking Holdings: Booking Holdings is the world's largest online travel agency platform and a broad incumbent across all of Internova's leisure and corporate travel segments. While Booking.com serves self-service digital bookings, it represents the secular competitive pressure on Internova's human-advisor intermediation model.
• Expedia Group: Expedia Group is a global online travel platform incumbent that competes with Internova across leisure, corporate, and supplier-direct channels. Expedia's B2B partner programs (Expedia Partner Solutions, Egencia) also compete with TLN's preferred supplier and technology offerings.

Others

• Travel Leaders Corporate (historical peer / brand): Travel Leaders Corporate was Internova's previous corporate travel brand before being unified under ALTOUR in 2024. Listed as an ecosystem reference rather than active competitor - the Travel Leaders franchise brand still operates within Internova's network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/internova-travel-group
• Xx.com/TravelLeadersHQ

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Internova Travel Group