
LandryKling
Membership News
Founding
partners re-aquire Landry & Kling
Joyce
Landry and Josephine Kling, who established their pioneering corporate
cruise agency in 1982, acquired Landry & Kling, Inc. from NLG, Seatrade
Insider has learned. The deal closed today.
Landry
will serve as ceo and Kling, who rejoined the Miami-based company in December,
will serve as president. The partners acquired 100% of the stock in Landry
& Kling, Inc. and all of its debts and assets from NLG.
‘We're
positive on the ever-expanding opportunities that are available in the
cruise industry for corporate meetings and incentives and we intend to
gather a larger share of the market through this acquisition,' Landry
told Seatrade Insider.
‘We
are looking forward to re-energizing the operations. Strategic partnerships
are definitely part of our plan going forward,' Kling said.
Landry
& Kling was the first true cruise-only agency when it opened on New
York 's Madison Avenue in 1982. ‘We didn't do any other kind of travel
when we started the company. We were told by cruise executives there was
not enough volume to support specialization,' Kling recalled. Landry &
Kling focused on corporate cruises from the start, even before lines formally
established their own corporate and incentive departments.
The
company relocated to Miami in 1988. It was acquired seven years ago by
publicly held MyTravel, which was sold to Airtours of the U.K. Airtours
sold its cruise divisions to Boston-based giant NLG in September 2003.
Landry
& Kling's clients include a number of Fortune 500 companies. In February,
the firm managed the largest single-client ship charter in history: five
vessels chartered to the Jacksonville Super Bowl Host Committee to serve
as floating hotels and entertainment venues for Super Bowl XXXIX.
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