FROSCH

What FROSCH does

FROSCH (legal entity: Frosch International Travel LLC) is a US-based travel advisory and management company founded in 1972 and headquartered in Houston, Texas. The company operates a dual-brand portfolio under Chase Travel Group, a subsidiary of JPMorgan Chase: FROSCH by Chase Travel, which provides leisure, group, and vacation planning services to individual travelers and families through dedicated travel advisors offering curated experiences and destination planning, and Chase Travel Corporate Solutions, which delivers end-to-end business travel management programs covering travel, expense, meetings, and customer loyalty for corporate clients.

The company generates revenue through two primary streams: transaction fees from leisure and vacation bookings (served via the consumer-direct channel froschtravel.com and travel advisors), and managed services for corporate travel programs delivered through Chase Travel Corporate Solutions. FROSCH serves both individual and family leisure travelers (direct-to-consumer) and corporate clients (enterprise B2B), operating with a headcount of 1,001–5,000 employees. Its technology stack is not publicly disclosed, and the service model is anchored in human travel advisors rather than automated booking platforms. The company maintains wholly-owned operating subsidiaries FT Global LLC and FT Travel LLC, holds seller-of-travel registrations in California, Florida, Washington, and Hawaii, and operates as a wholly-owned subsidiary of Chase Travel Group within the broader JPMorgan Chase conglomerate.

Following FROSCH's acquisition by Chase Travel Group, the company has integrated into the Chase Travel ecosystem while retaining its legacy brand identity. Leadership remains in the founding family's hands: Bryan Leibman serves as Founder, President & CEO, and Richard Leibman as co-founder and Chairman, providing continuity through the ownership transition. The strategic positioning leverages Chase's institutional distribution while preserving the personalized advisory service model that has differentiated FROSCH for over five decades.

Name

FROSCH

Legal name

Frosch International Travel LLC

Website

https://frosch.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

FROSCH is a Houston-based travel advisory company offering leisure, group, and vacation planning to consumers and corporate travel management to enterprises, now operating as a wholly-owned subsidiary of Chase Travel Group within JPMorgan Chase.

Ownership category

akta.pro rank

Product category

Travel Management Services

NAICS

Other Travel Arrangement and Reservation Services (56159), Tour Operators (56152)

akta.pro primary industry

Group, Family & Multi-Generational Travel Planning (HSACAKAK)

Keywords

• Leisure travel services
• Corporate travel management
• Vacation planning services
• Group travel advisory
• Business travel programs

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Leisure and Vacation Travel Services: FROSCH generates revenue through booking and planning services for individual leisure travelers, groups, and families, offering curated vacation experiences and destination bookings through its platform.
2. Corporate Travel Management Services: Through its affiliation with Chase Travel Corporate Solutions, FROSCH supports end-to-end corporate travel programs including travel, expense, meetings, and customer loyalty management for business clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

FROSCH provides leisure, group, and vacation planning services to individual travelers and families through dedicated travel advisors, delivering curated experiences, unique destinations, and family celebrations. Through its affiliation with Chase Travel Corporate Solutions, it also delivers end-to-end business travel management programs — covering travel, expense, meetings, and customer loyalty needs — for corporate clients.

Product overview

FROSCH operates as a dual-brand portfolio under Chase Travel Group, comprising two distinct product lines: (1) FROSCH by Chase Travel, which provides leisure, group, and vacation planning services for individual consumers and families, offering curated experiences and destination planning through dedicated travel advisors; and (2) Chase Travel Corporate Solutions, which delivers end-to-end business travel management programs for corporate clients, handling travel booking, expense management, meetings coordination, and customer loyalty needs. Following FROSCH's acquisition by Chase Travel Group, the two products maintain separate brand identities while sharing infrastructure and operational expertise within the Chase Travel ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Chase Travel Corporate Solutions: End-to-end travel programs for business' travel, expense, meetings and customer loyalty needs.

Products and services

• FROSCH by Chase Travel A leisure, group, and vacation planning service providing curated travel experiences, unique destinations, and family celebrations through dedicated travel advisors, targeted at individual consumers and families in the U.S.
• Chase Travel Corporate Solutions End-to-end business travel management services covering travel booking, expense management, meetings coordination, and customer loyalty programs, designed for corporate clients and aligned with company culture and strategic initiatives.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Chase Travel GroupcoreStrategic or Co-development PartnerFROSCH joined the Chase Travel Group, an industry-leading suite of travel products and services. The brand operates under the Chase Travel umbrella, with travel advisors continuing to provide leisure, group, and vacation planning services as FROSCH, while Chase Travel Corporate Solutions handles end-to-end business travel services. This affiliation provides FROSCH with the backing of one of the largest financial services companies and access to a broader ecosystem of travel products, supplier relationships, and corporate solutions.

Recent moves7 records

Expansion highlights5 records

Direct peers

• World Travel Holdings: Large leisure-focused travel agency and vacation package company. Comparable to FROSCH's leisure division in serving consumers with curated vacation and cruise experiences.
• American Express Global Business Travel: Largest publicly disclosed corporate travel management company, offering full-service TMC capabilities directly comparable to FROSCH's Chase Travel Corporate Solutions. Both serve enterprise clients with end-to-end travel, expense, and meetings programs.
• BCD Travel: Global TMC competing with FROSCH in corporate travel management for enterprise and mid-market clients. Provides similar travel, expense, and meetings services across multiple geographies.
• CWT (Carlson Wagonlit Travel): Major global TMC providing corporate travel management, meetings, and expense services. Directly comparable to FROSCH's enterprise travel offering with overlapping client profiles.
• Direct Travel: US-focused corporate travel management company serving mid-market and enterprise clients with end-to-end travel programs, comparable in scale and service mix to FROSCH's corporate business.
• Corporate Travel Management (CTM): Global TMC providing corporate travel management to enterprise clients across multiple regions, with a similar service portfolio to FROSCH's corporate offering.
• Travel Leaders Group: US travel agency network offering both leisure and corporate travel services through franchise and direct operations, similar to FROSCH's dual leisure-corporate model.

Emerging players

• Spotnana: Cloud-based travel platform infrastructure provider targeting corporate TMCs and enterprise travel programs. Represents the tech-first disruption to traditional TMCs like FROSCH.
• Navan (formerly TripActions): Tech-enabled corporate travel and expense platform targeting the same enterprise segment as FROSCH's Chase Travel Corporate Solutions, but with a modern software-led model rather than traditional agent-based service.

Broad incumbents

• Internova Travel Group: Travel services holding company encompassing leisure, corporate, and luxury travel brands. Comparable to FROSCH in operating a portfolio spanning consumer and corporate travel under one umbrella.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/froschtravel
• Facebookfacebook.com/froschtravel
• LinkedInlinkedin.com/company/frosch

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A2 records

Investments

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

Frequently asked questions about FROSCH