Printer Friendly

SatoTravel Wins Major U.S. Army/Europe Contract.

ARLINGTON, Va.--(BUSINESS WIRE)--July 2, 1999--

SatoTravel announced today it has been awarded a major contract to serve the official and leisure travel requirements of the U.S. Army in Europe (USAREUR).

Over an expected five-year term, the contract value could exceed $400 million.

Under the terms of the contract, SatoTravel will provide travel services in Germany, Italy, Belgium, and the Netherlands through more than 20 staffed on-site offices.

According to Lawrence Hough, CEO of SatoTravel, "Winning the USAREUR contract is a significant victory for SatoTravel. It underscores our position as the preeminent travel provider to the U.S. armed services and reflects our aggressive marketplace stance as an innovative travel management provider to military, U.S. government, and commercial customers."

SatoTravel, headquartered in Arlington, Va., combines almost 50 years of experience and leading travel-related technology to provide high-quality, low-cost travel-management services. SatoTravel was purchased earlier this year from 11 domestic airlines by an investment group headed by Ambassadors International Inc., Stuart Mill Capital Inc., and GE Pension Trust.

In addition to airline tickets, the company provides hotel and car rental reservations, data collection, meeting and convention planning, and leisure travel services. SatoTravel operates two state-of-the-art call centers one in Sterling, Va., and the other in Seattle, Wash.

Travel services are provided through more than 1,500 staffed and automated locations in all 50 states, various U.S. possessions, and 18 foreign countries. SatoTravel presently has approximately 2,000 employees.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 2, 1999
Previous Article:Nation's First Gay & Lesbian Bank Approved by Government; Technologically Advanced Internet Bank to Specialize in Meeting the Financial Needs of Gays...
Next Article:Charles River Associates Adds Industry, Economic Expert in Transportation Consulting.

Related Articles
U.S. army activates Army Contracting Agency.
The army goes rolling along ...
US Army Europe awards Titan $20 mil Automated Info and Ident Tech contract.
CIBER awarded multi-mil $ contract by U.S. Army Civil Affairs and Psychological Ops Command.
Anteon awarded major contract to support Army units.
Army news service (April 10, 2006): USAREUR staff gets look at future of Army business.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters