JTB will reorganize the Group’s overseas travel businesses into JTB World Vacations, the package tour whole seller, and Travel Plaza International, the FIT product whole seller for seamless purchase of air tickets in the diversified market.
JTB Tokyo Metropolitan East Japan Overseas Travel Purchase and Sales division will be integrated into JTB World Vacations to form a new company, JTB World Vacations, dealing with both air seat purchase and product creation for overseas travels.
Travel Plaza International, Travel Plaza International Chubu and TIP West Japan, the JTB-affiliated travel companies for overseas FIT travel, and R&C Tours with business strength in overseas resort destinations will be merged to respond to the changing market trend.
The following new companies will be launched on April 1 2017:
JTB World Vacations
Capital: 1 billion JPY
Stockholder: 100% by JTB
Employees: about 800
Annual sales: 215.4 billion JPY
Travel Plaza International
Capital: 210 million JPY
Stockholder: 100% by JTB
Employees: about 400
Annual sales: 68.7 billion JPY
In Japanese
