Global Vacation Group Names Van Horn President of Globetrotters Division.

WASHINGTON--(BUSINESS WIRE)--June 10, 1999--

Global Vacation Group, Inc. (NYSE:GVG), one of the largest U.S. providers of value-added vacation products and services targeted to higher-income travelers, today announced that Cheryl Van Horn has been named president of the company's Globetrotters division. Globetrotters, located in suburban Chicago, is GVG's national brand specializing in popularly priced, pre-planned vacation packages to Hawaii, the Caribbean, Mexico, Florida, Walt Disney World(R) Resort and selected U.S. cities.

In her new position, Van Horn will be responsible for leading the Globetrotters brand into other popular U.S. and international destinations, enhancing brand awareness and overseeing the brand's private label programs with Amtrak and Hyatt. She replaces William Maulsby who has resigned from the company to pursue other business interests.

Van Horn previously was senior vice president, strategic marketing, responsible for GVG's strategic partnerships with suppliers. "Her nearly 30 years of hands-on, travel-related experience make her the ideal leader to direct the future development of our Globetrotters brand as we enter the new millennium," said Roger Ballou, GVG chairman and chief executive officer.

Prior to joining GVG, Van Horn was executive vice president and general manager of Haddon Holidays, which was acquired by Global Vacation Group in March 1998. During her 28 years of travel industry experience, Van Horn held various positions at Pan American Airways and managed a travel agency prior to her 19-year stint with Haddon Holidays. She has been actively involved in the travel agent community and is listed in the Top 200 Women in Travel and is active with USTOA on technology development.

Global Vacation Group, headquartered in Washington, D.C., is a value-added provider of vacation products and services. Global Vacation Group's family of brands includes Classic Custom Vacations, which creates customized vacation packages for upscale U.S. travelers, Globetrotters, which is targeted to the popularly priced-vacation buyer, and Allied Tours, which creates and coordinates packages and tours for international vacation travelers. Global Vacation Group recently announced the formation of a business arrangement with Meredith Publishing to launch Better Homes and Gardens Vacations, an affinity product targeted to consumers who relate to that publication's attributes, including value, service and trust.

The matters in this press release include "forward looking statements" within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are qualified by cautionary statements contained herein and in Global Vacation Group's filings with the Securities and Exchange Commission.