[2] The company traces its history to a small hotel outside Cape Town, South Africa, in the early 1900s.

[5] On 16 July 2024, The Tollman Family announced the sale of The Travel Corporation to Apollo Private Equity funds, a US-based asset management firm.

The deal will see The Tollman Family retain the Red Carnation group of hotels, whereby Apollo will acquire the remaining 18 of TTCs Tour Brands at the close of 2024.

[6] As of 2022[update] The Travel Corporation owns tour operators and travel agents including:[7] Its Red Carnation Hotels operates in the United Kingdom, Ireland, United States, South Africa, Botswana, Guernsey and Switzerland.

[citation needed] Other activities include Florida's Old Town amusement park, Bouchard Finlayson Winery in South Africa[1] and a shareholding in, the also South African, Cullinan Holdings Ltd travel and tourism business.