Funjet Vacations is owned by Apple Leisure Group.
Understanding Funjet's Corporate Structure
Funjet Vacations is a prominent brand specializing in vacation packages, operating within a larger framework of leisure travel companies. It is part of the Apple Leisure Group Vacations (ALGV) portfolio, which serves as an umbrella for a collection of diverse vacation brands. ALGV itself is composed of subsidiaries that fall under the broader Apple Leisure Group (ALG). This hierarchy means that while Funjet operates as a distinct brand, its ultimate ownership resides with Apple Leisure Group.
- Apple Leisure Group (ALG): A leading North American travel, hospitality, and leisure company that manages a vast array of resort brands, tour operators, and travel technology solutions.
- Apple Leisure Group Vacations (ALGV): This division consolidates many of ALG's vacation package brands, providing a streamlined approach to travel planning and offerings.
Brands Under the Apple Leisure Group Vacations Umbrella
Beyond Funjet Vacations, ALGV encompasses a wide range of other well-known travel brands, offering a comprehensive selection of vacation options to various markets:
- Apple Vacations
- Travel Impressions
- CheapCaribbean
- Southwest Vacations
- Blue Sky Tours
- BeachBound
- United Vacations
This extensive collection highlights the significant reach and variety of services offered by Apple Leisure Group Vacations.
The Broader Corporate Ownership
In 2021, Apple Leisure Group was acquired by Hyatt Hotels Corporation, a global leader in the hospitality industry. This strategic acquisition integrated ALG's specialized leisure travel expertise and its extensive portfolio of resort properties into Hyatt's worldwide operations. Consequently, while Funjet is a part of Apple Leisure Group, its ultimate corporate parent is now Hyatt.
To clarify the ownership chain:
| Entity | Relationship to Funjet | Parent Company |
|---|---|---|
| Funjet Vacations | Vacation Brand | Apple Leisure Group |
| Apple Leisure Group Vacations | Umbrella for Vacation Brands | Apple Leisure Group |
| Apple Leisure Group | Direct Owner of ALGV and its Brands | Hyatt Hotels Corporation |
| Hyatt Hotels Corporation | Ultimate Corporate Parent | N/A |
For more information on the parent company, you can visit the Apple Leisure Group Wikipedia page.
