German tour operator FTI gets USD 130 mln investment in Certares-led merger
"We are committed to start our next chapter of success and to further consolidate our position as a leading player in the German and European tourism sector," FTI's Chief Executive Karl Markgraf said in a statement. Based in Munich, FTI is Europe's third-largest tour operator with annual consolidated sales of around 4.1 billion euros. It employs 11,000 people worldwide.
"We are committed to start our next chapter of success and to further consolidate our position as a leading player in the German and European tourism sector," FTI's Chief Executive Karl Markgraf said in a statement. Based in Munich, FTI is Europe's third-largest tour operator with annual consolidated sales of around 4.1 billion euros. It employs 11,000 people worldwide.
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