64 | M Plus Global Events

T0624MPLUS_C_350 [Credit: M Plus]
2024 sales: $174.3 million
Previous ranking: 61
Employees: 134 full-time, 15 part-time

101 S. 200 East, Suite 100
Salt Lake City, Utah 84111
Phone: (801) 487-9731
Website

Executives

CO-CHAIR: David Simmons
CO-CHAIR: Brian Hollien
PRESIDENT, MORRIS COLUMBUS TRAVEL: Brent Jenson
PRESIDENT, MORRIS MEETINGS & INCENTIVES: Corey Crowell
COO, A PLUS MEETINGS & INCENTIVES; CEO, M PLUS: Jay Klein
PRESIDENT, IME CONNECT: Steve Some

COMPANY FACTS

* Privately owned company.

* David Simmons and Brian Hollien are majority shareholders.

* Sells directly to consumers and companies.

* Works with 30 independent contractors.

* 5% of sales completed by hosted advisors.

* Sales: 60% meetings and incentives, 40% leisure.

* A member of Signature Travel Network.

DEVELOPMENTS

* Increased its group and escorted tour offerings.

* Expanded direct-to-consumer travel shows, drawing more than 9,000 over three days in two locations.

* Expanded relationships through minority holdings in other travel-related companies.

* Finished consolidation of three prior mergers/acquisitions.

LOOKING AHEAD

* Adding a third show with anticipated attendance of 2,500.

* Planning the return of Holy Land tours in the fall as conditions permit.

* Anticipating pending acquisitions to close late this year.

* Looking to implement AI-enabled support for advisors.

* Anticipating double-digit growth based on its future bookings. Since most programs and clients' travel entail destinations outside of the U.S., a lot will depend on the political and economic outlook and potential related challenges. 


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