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Dynamic Leisure Corp. Adds $15 Million to Annual Revenues with Acquisition of Leading U.S. Wholesale Tour Operator & Hotel Representation Firm.

Publication: PR Newswire
Publication Date: 08-MAR-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
TAMPA, Fla., March 8 /PRNewswire-FirstCall/ -- Dynamic Leisure Corporation (BULLETIN BOARD: DYLI) , through its wholly owned subsidiary Dynamic Leisure Group North America, Inc. ("Dynamic"), announced today that it has completed the acquisition of Island Resort Tours, Inc. (IRT), a wholesale tour operator, and International Travel & Resorts, Inc. (ITR), a resort representation firm, both focused on the Caribbean and Mexico leisure tourism marketplace. Headquartered in New York City, IRT and ITR have been in business since 1989 and 1974, respectively. In 2005, the combined companies had total revenues of approximately $15 million (unaudited).

President of IRT and ITR, Stephen A. Hicks has been appointed as President of Dynamic Leisure Group North America, Inc. and Senior Vice President and Chief Operating Officer of Dynamic Leisure Corp. Mr. Hicks has 40 years of travel industry experience spanning the airline and travel tourism markets. Prior to founding IRT...

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