3 November 2003SINGAPORE - A release today confirmed that one of
Singapore's better known agency brands, P&O Travel
(Singapore), has been acquired by Investour, a private
equity group, from Hong Kong based P&O Travel Ltd.
P&O Travel Singapore changes its name to Pacific
Arena. With the change, Pacific Arena's corporate travel
business will be marketed under a new brand, Arena Travel
Management.
There will be no change to its management team, the
release confirmed today. The company will retain all its
existing brands. It will continue to represent and
distribute Princess Cruises in Singapore & Malaysia, as
well as operate its two PriceBreaker retail outlets in
Singapore.
The company's inbound division, voted Singapore's Best
Travel Agency Inbound, will continue to provide a full
spectrum of inbound services, including specialist shore
excursion programs to operators overseas.