AMG Celebrates 50th Anniversary, Announces Cryptocurrency Payment and More (Article)

American Marketing Group, Inc., the parent company of nineteen travel brands including TRAVELSAVERS, Kore, NEST and The Affluent Traveler Collection, celebrated its 50th anniversary with several big announcements during its Travel Market 2022 conference on October 27-30th, held at Resorts World Las Vegas.

"There is so much to celebrate with our 50th anniversary but it goes beyond that," said Nicole Mazza, Chief Marketing Officer. "Together with our advisors and partners, we've accomplished so much over the years. Our philosophy is firmly anchored by our family culture - the foundation comprised of the shared values, competencies and the spirit of our team. What Rick Mazza started 50 years ago serving the travel agency community has continued to grow thanks to innovation, creativity, service, technology and our people, which has contributed to our success and will pilot us for the next 50 years."

During the event, AMG unveiled a new payment platform featuring cryptocurrency, available to its TRAVELSAVERS, NEST and The Affluent Traveler Collection affiliates through AMG's booking platform, tripXpress. The new system allows AMG to be one of the first travel companies offering this new way for travelers to pay for travel.

"With over $1 trillion in market capital, we felt it was time to make it possible for holders of crypto to book travel directly with our agencies," said Jim Mazza, COO of TRAVELSAVERS. "We have been working for months with some of the top banks and exchanges to facilitate the process."

The new program is currently undergoing testing, but it is expected to become available for advisors to use in 2023.

New Suppliers and Destination Partners

AMG also announced several new preferred supplier partnerships for its travel brands, including cruise brands Explora Journeys and Quark Expeditions; tour operators Exoticca and Adventure World Travel; Emirates, ITA Airways and La Compagnie airlines; and MHS Worldwide, and Venture Ashore.

New tourism board partnerships include Cayman Islands Department of Tourism, Bermuda Tourism, Hawaii Visitors & Convention Bureau, Las Vegas Convention and Visitors Authority, Greater Miami Convention & Visitors Bureau, Tourism New Zealand, Discover Puerto Rico and Saudi Tourism Authority.

"We're happy to announce several new travel suppliers who have joined our robust portfolio of Preferred Partners over the past few months," said Nicole Mazza, Chief Marketing Officer for TRAVELSAVERS, NEST and The Affluent Traveler Collection. "We continue to monitor our advisors' needs and explore new opportunities to expand to give them the products and services that will help them meet the distinctive needs of their clientele. Our preferred suppliers are a core part of our business, and we're proud of our long-standing relationships - many of which span our entire 52-year history. We look forward to lasting and mutually beneficial relationships with our new partners, as well."


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