33 | KHM Travel Group

T0627KHMTRAVEL_C_350 [Credit: KHM Travel Group]
2021 sales: $170 million
Previous ranking: 39
Employees: 64

50 Pearl Road, Suite 300
Brunswick, OH 44212
Phone: (888) 227-0845
Website

Executives

PRESIDENT/CEO: Rick Zimmerman
SVP, OPERATIONS: Lisa Findura
VP, SALES: Geoff Cox
VP, FINANCE/ADMINISTRATION: Karen Siburt
VP, INDUSTRY RELATIONS: Anita Pagliasso
VP, AGENT ENGAGEMENT: Bill Coyle

Company facts

* Host agency with a network of 4,428 independent advisors.

* Privately held company majority-owned by Rick Zimmerman.

2021 developments

* Added new online courses and a live weekly talk show called "KHM Today."

* Relaunched in-person educational events in October.

* Grew executive leadership and education teams to increase agent engagement.

* Expanded diversity, equity and inclusion efforts through virtual events, a new monthly newsletter and partnerships with associations that serve minority travel professionals and travelers.

* Added preferred suppliers and additional products to increase sales and commission opportunities.

* Improved technology infrastructure to support a full work-from-home corporate environment.

* Grandfathered all agent commission and recognition levels through 2022.

* Promoted value and cost advantages of KHM membership to struggling agents and secured significant new additions to the network.

Looking ahead

* Following two years of decreasing demand, seeing a dramatic increase in both travel and bookings in 2022. The change is being driven by a steady interest in all-inclusive land vacations combined with a dramatic increase in cruise bookings as supply builds back to historic levels.

* 2022 financial results are expected to rebound to pre-pandemic levels.

* Absent any new Covid variants, third- and fourth-quarter travel is expected to be above 2019 levels. 

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