Tollman family sells TTC, retains Red Carnation hotels
先了解这件事
On November 2, 2026, Skift Feed reported that the 104-year-old Tollman family has sold its The Travel Corporation (TTC) to Apollo, with the family retaining the luxury hotel brand Red Carnation. The report, citing credit rating reports, UK filing documents and interviews with several former executives and consultants, said the profitable travel business had long been underfunded, while Red Carnation is loss-making and relied on TTC for funding support on favorable terms. The report linked the sale to the financial difficulties behind the Tollman family. The transaction has now been completed, and Red Carnation remains owned by the family.
AI 根据报道生成 · 1 天前更新
报道时间线
沿着报道，了解事件的不同侧面。
- Skift FeedFinancial difficulties behind the Tollman family's sale of Travel Corporation
The Tollman family, which has a 104-year history, is selling its The Travel Corporation to Apollo, while the family retains the luxury hotel brand Red Carnation. Credit rating reports, UK filings and interviews with several former executives and advisers show that the profitable travel business was chronically underfunded, while Red Carnation was loss-making and relied on TTC for funding on preferential terms.