Ace/Caravan Travel and American Express marked the third anniversary of their franchise relationship with plans for continued growth for both companies.
Stated Adnan M Kaddoura, president & CEO, ACE TRAVEL Group: “Our association with American Express goes back more than 30 years, and this strategic partnership has been nurtured over the years in establishing the firm foundation for American Express in Saudi Arabia market.”
Ace/Caravan Travel operates more than 30 branches and implants Kingdom-wide, serving over 500 local and multinational companies and institutions in Saudi Arabia.
American Express is a diversified worldwide travel and financial services company, operating over 1,700 Travel and Foreign Exchange Services locations in more than 200 countries and territories worldwide.
“The American Express relationship with Ace Travel/Caravan Travel goes back to 30 years,” said Max Grosse, American Express director of franchise, Middle East, Africa and Eastern Europe.
“During that time we’ve developed a partnership that allows American Express to operate effectively in this important market,” said Grosse.