The Hotelplan Group acquires the majority of travelwindow AG, the leading independent Swiss online travel agent "travel.ch".
The deal has been closed on 20 September 2005. With the acquisition of travelwindow AG and a dynamic expansion of www.hotelplan.ch, Hotelplan Group becomes the market leader in a rapidly growing Swiss online travel market.
Founded in 2000, travelwindow AG is a professional full service travel agency, specialised as independent online travel provider. With "travel.ch, travelwindow AG possesses the most frequented online travel domain in Switzerland.
travelwindow will continue to be an independent online domain for the Swiss market as a business unit within Hotelplan Group. Founder Roland Zeller is still a minority shareholder and will continue to lead the company based in Zurich.
The Corporate Finance Team comprised of Stephan Hitz, lead advisor and engagement partner, as well as Klaus Neff, attorney at law, VISCHER, Zurich.
Quote Roland Zeller, Managing Partner travelwindow AG:
“We have much in plan for the next years. The merger with Hotelplan allows us to grow faster and keep a leading position in the Swiss e-travel-market".
Quote by Christof Zuber, CEO Hotelplan Group:
“We intend to use the technology and cencept of travelwindow in other markets“.