Vegas.com Press Releases
CASINO TRAVEL & TOURS JOINS VEGAS.COM FAMILY
Transaction Brings Two Top Vegas Names Together
LAS VEGAS -- March 2, 2005 -- VEGAS.com, the world's most-visited city site and the largest source of information on Las Vegas, has acquired a majority interest in Casino Travel & Tours.
Casino Travel & Tours is one of Las Vegas' most established tour companies, formed more than 20 years ago by Jody and the late Dr. Elias Ghanem, a well-known doctor, philanthropist and longtime Las Vegas resident. CT&T has served guests via front desk retail locations at premier hotels on and off the Vegas strip since 1995, including the Palms, Paris, MGM Grand, Aladdin, Bally's, Mandalay Bay, Excalibur, New York--New York and Luxor. Casino Travel & Tours offers city tours, tickets to top Vegas shows, and limousine service, as well as tours to the Hoover Dam and the Grand Canyon to name just a few.
"This transaction provides a huge addition to VEGAS.com's existing retail presence and demonstrates our continued dedication to our local tourism partners beyond the web," said Howard Lefkowitz, president of VEGAS.com. "This deal combines CT&T's tremendous retail knowledge and relationships with VEGAS.com's marketing, technology expertise and resources to create an unparalleled online and retail partnership that will help customers, whether they're in their hotel, on the phone or on the internet."
VEGAS.com and Casino Travel & Tours, both local companies, will use their shared expertise to support Nevada's hospitality industry and both will continue to operate under their respective management. Jody Ghanem remains an owner and partner of Casino Travel & Tours. Michael Kritzler will continue to grow CT&T and run day-to-day operations.
"Joining Casino Travel & Tours, one of the city's most trusted companies, with the world's largest purveyor of Vegas info is a great asset for the millions of people that visit every year," Ghanem said. "We're pleased to join another leading travel company with great roots and heritage in Southern Nevada."
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