American Leisure Group (ALG) was incorporated on 16 May 2007 for the purpose of consolidating and incorporating a number of interests which, together, will enable the Group to move forward as one entity.
The Company’s strategy is to provide an integrated approach to the development, selling and financing of vacation resorts. Its business activities currently include large scale vacation resort development and unit sales, whilst planned additional operations include hospitality management, vacation club/timeshare sales and related financing activities. In addition, the Group has a significant presence in the travel services and distribution segments. ALG intends to offer a complete package of resort and vacation ownership sales, hospitality services, management travel services and vacation club financing, which distinguishes it from competitors who only engage in some of these industry segments.
ALG holds, directly or indirectly, more than 90% of the issued share capital of American Leisure Holdings Inc. (ALHI).
In addition to its ownership of a portion of ALG’s resort and holdings, ALHI owns approximately 51% of Hickory Travel Systems, Inc. ("HTS"). HTS is a travel consortium of approximately 160 travel agency partners, which operates a global travel distribution network and provides key assistance to travel agencies regarding their travel management including hotel bookings.
TraveLeaders, a business wholly owned by ALHI, is a major U.S. travel agency specialising in corporate travel services and has a client base that includes major corporations.