Apollo to acquire The Travel Corporation.

Apollo, an asset management company, agreed to acquire The Travel Corporation, an international, privately owned hotel and travel company. Financial terms were not disclosed. “TTC has a leading collection of brands that we believe we can take to the next level as an Apollo Funds portfolio company, leveraging our extensive experience in the travel, tech and hospitality sectors. We look forward to building on its legacy in an exciting next chapter in which TTC can serve as a platform for growth," Michele Raba, Apollo Private Equity Partner.