New York, October 31st, 2022: AlliedTPro (Horizon Travel Services LLC), has entered into a 50:50 joint  venture agreement with New World Travel, Inc. The new JV company, Allied New World, headquartered  in New York, has been set up to leverage the strengths of both companies to drive productivity and  accelerate growth in the post pandemic era.  

Allied New World plansto be a Centre of Excellence that will provide key shared services to both companies  and fuel enhanced growth opportunities by combining scale and leveraging technology to improve  productivity and reduce cost of operations. 

Allied New World will combine the strengths of both companies across key functions including contracting,  technology, IT, finance, human resources & data management. AlliedTPro (Horizon Travel Services) &  New World Travel will remain separate legal operating entities and both companies will continue to market  under their respective brands. Mark Morello will continue to lead AlliedTPro as CEO and will expand his  role as CEO of the newly formed Allied New World JV. Peter Dorner will continue to lead New World Travel  and will be the President/Deputy CEO of the newly formed JV. Key staff from both organizations will  manage the identified critical functions. 

The JV builds on the powerful brand reputations of AlliedTPro and New World Travel, two of the oldest and  most respected companies in the North American travel industry. Allied New World via Horizon Travel  Services LLC (dba AlliedTpro) and New World Travel will enjoy the backing of financially strong Global  leaders – Thomas Cook India Group/Fairfax Financial Holdings of Canada and DER Touristik Group. 

“I am delighted to announce the formation of Allied New World – representing our strong partnership with  New World Travel/DER Touristik Group. We believe Allied New World LLC represents an innovative business  model that will significantly help accelerate future growth. Our decision to collaborate – as equally strong  and highly reputed industry leaders, will improve productivity, reduce cost of operations & help both groups  deliver enhanced value to customers, supplier partners & shareholders.” 

Mark Morello, CEO, AlliedTPro (Horizon Travel Services LLC)

“As a customer-centric and innovation driven company, we are excited about the new Joint Venture with  our strong partner AlliedTPro/Horizon Travel Services LLC. Allied New World will allow us to share and  enhance key services for both companies – profiting from smart processes, advanced technology and  synergies. We strongly believe that our new cooperation will strengthen our future growth – to the benefit  of employees, partners and customers.” 

Peter Dorner, CEO New World Travel,

About Horizon Travel LLC (dba AlliedTPro): 

Headquartered in New York, AlliedTPro (Horizon Travel Services LLC) is a highly respected leader in the  North American inbound market for over 65 years, serving more than 600 successful tour and travel  providers in 50+ countries around the world. With five distinct product lines of FIT, VIP Concierge, Escorted  Tours, Group Travel and Corporate Travel, AlliedTPro caters to a variety of individual, group and corporate  travellers both in North America and globally.  

About New World Travel: 

New World Travel, Inc., founded in 1979 with its corporate headquarters in New York and offices in Los  Angeles and Miami is a destination management company specializing in travel arrangements in the United  States and Canada. New World travel provides with its multilingual staff regional expertise and extensive  product knowledge for high-quality programs and offers a diverse and comprehensive palette of products  for groups, individual and corporate travellers. 

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