Six years is a long time to be away from the travel industry, but GTA founder David Babai has decided to come back for another go despite making his fortune in 2005.
Babai is one of the figures behind a new wholesaler focusing on group travel, known as G2 Travel, a remarkably similar offering from the GTA (launched as Gullivers Travel Agency in 1975) business he sold to Travelport-forerunner Cendant in 2005 for an eye-watering $1.1 billion.
In Blues Brothers style, Babai appears to be getting the old band back together, too, assembling the senior management team at G2 Travel from various GTA alumni.
Read full story at: http://www.tnooz.com/2012/02/06/news/guillivers-founder-david-babai-returns-with-group-trip-wholesaler-g2-travel/