The story
In 1956, President Dwight D. Eisenhower founded People to People.
In 1967, Ambassadors Group is founded
In 1995, Ambassadors Group became a wholly owned subsidiary of Ambassadors International, Inc. Jeffrey Thomas joined the company.
In 1996, acquisition of Marc L. Bright (professionals). Jeffrey Thomas becomes President.
In 1999, acquisition of Travel Dynamics (sport)
In 2001, Jeffrey Thomas became CEO
On February 28, 2002, Ambassadors Group spun off from Ambassadors International
In March 2007, Ambassadors International bought Windstar from Carnival for $100 million.
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On May 15, 2008, Ambassadors Group bought BookRags, an educational website for $18 million. The merger was a friendly takeover.
On March 17, 2009, Ambassadors Group announced its partnership with Discovery Education to become the travel provider for the new Discovery Student Adventures learning and adventure-based trips for students in grades 5–12. In 2010 approximately 125 students traveled.
On April 30, 2013, Jeffey Thomas resigns from Ambassadors Group.
On July 13, 2015, the company announced its imminent dissolution. Ambassadors Group cites losses of over $17.5 Million in 2014 and floundering sales as causes for closing up shop at the end of this year. A bankruptcy court in Delaware held a two-day auction and Anschutz Corporation won Windstar Cruises with a bid of $39 million.
On October 8, 2015, it was announced that beginning in 2016, Enriching Cultural Experiences (ECE) International will serve as the travel provider of People to People International replacing the Ambassadors Group.
Travelers (thousands):
From Wikipedia’s article on Ambassadors Group, shared under CC BY-SA 4.0.6