{"id":123681,"date":"2016-03-11T00:00:00","date_gmt":"2016-03-10T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/prestige-tours-fully-acquired-by-turkish-businessman-mustafa-kadiroglu\/"},"modified":"2026-03-28T18:00:49","modified_gmt":"2026-03-28T16:00:49","slug":"prestige-tours-fully-acquired-by-turkish-businessman-mustafa-kadiroglu","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/prestige-tours-fully-acquired-by-turkish-businessman-mustafa-kadiroglu\/","title":{"rendered":"Prestige Tours fully acquired by Turkish businessman Mustafa Kadiroglu"},"content":{"rendered":"<div>Prestige Tours travel agency, part of the Happy Tour group, has been fully acquired by Turkish businessman Mustafa Kadiroglu, owner of the tour operator Calypso Tour.<\/div>\n<div><\/div>\n<div>The acquisition of Prestige Tours was announced in a press conference, and the transaction value was not disclosed.<\/div>\n<div><\/div>\n<div>Prestige Tours will be integrated into the tourism group led by Mustafa Kadiroglu, Caly Group, which also includes Calypso Tour, Casio Air, and Sultan Cargo.&nbsp;<\/div>\n<div><\/div>\n<div>For over 2 years, Calypso Tour has been the strategic partner of Prestige Tours for the Antalya destination.<\/div>\n<div><\/div>\n<div>In January of this year, Mustafa Kadiroglu acquired 0.99% of the Romanian tour operator&#8217;s shares, and as of this month, the businessman becomes the sole shareholder of the tour operator.&nbsp;<\/div>\n<div><\/div>\n<div>The businessman&#8217;s plans for Romania aim to develop the tour operator&#8217;s tourism offer, doubling sales volumes alongside the destinations operated, and a special focus on the services area, especially luxury ones, a segment very well covered by the Turkish company.&nbsp;<\/div>\n<div><\/div>\n<div>The management of Prestige Tours will continue to be ensured by Elena Anghel, the current executive director of the tour operator, with the team also remaining in the same formula.&nbsp;<\/div>\n<div><\/div>\n<div>Last year, Prestige Tours recorded a turnover of 10 million EUR and a net loss of 449,000 EUR, according to data from the Ministry of Public Finance website. For this year, Prestige Tours estimates a 6-fold increase in business, based on the number of seats available on charter flights.<\/div>\n<div><\/div>\n<div>Prestige Tours has over 25 years of experience in tourism. Since 2013, Prestige Tours has been in the portfolio of Happy Tour Group, the largest tourism group in Romania, owned by the investment fund GED Capital Investment.&nbsp;<\/div>\n<div><\/div>\n<div>Calypso Tour was established in 2004 and is one of the largest tour operators in Turkey. Besides Romania, Calypso Tour serves countries such as Kazakhstan, Republic of Moldova, Serbia, Bulgaria, Kosovo, Ukraine, Lebanon, etc.<\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.dailybusiness.ro\" data-wplink-url-error=\"true\">Daily Business<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>Who is the new owner of Prestige Tours?<\/strong><\/p>\n<p>The agency was fully acquired by Turkish businessman Mustafa Kadiroglu, who also owns Calypso Tour.<\/p>\n<p><strong>What are the growth projections for Prestige Tours this year?<\/strong><\/p>\n<p>The company estimates a six-fold increase in business, supported by the high number of available seats on charter flights.<\/p>\n<p><strong>Will there be changes in the company&#8217;s management?<\/strong><\/p>\n<p>No, Elena Anghel will continue as executive director, and the existing team will remain in place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prestige Tours travel agency, part of the Happy Tour group, has been fully acquired by Turkish businessman Mustafa Kadiroglu, owner of the tour operator Calypso Tour. The acquisition of Prestige Tours was announced in a press conference, and the transaction value was not disclosed. Prestige Tours will be integrated into the tourism group led by&hellip;<\/p>\n","protected":false},"author":0,"featured_media":65976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[],"thb-sponsors":[],"class_list":["post-123681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2020\/02\/topstory.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/123681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=123681"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/123681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/65976"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=123681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=123681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=123681"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=123681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}