World Travel Holdings franchisees repay $1m stimulus loan

WTH launched the 'We’re There to Help Stimulus Program' in 2021 to support franchisees during the pandemic.

Now, three years later, every one has fully repaid the financial assistance.

Testament to resilience

'World Travel Holdings stepped up to the plate for our franchisees, ensuring that those in need received the support necessary to weather the storm,' said Drew Daly, SVP and GM for Dream Vacations and CruiseOne. 'Seeing that every franchisee who participated in the program has repaid the loan is a testament to their incredible resilience and the remarkable rebound our industry has experienced.'

The program's success also demonstrates the deep sense of community within the Dream Vacations and CruiseOne franchise network, according to Sharon Grant, president of the Dream Vacations and CruiseOne Advisory Council. While Grant did not apply for a loan herself, she appreciated how crucial the program was for many small business owners to keep their entrepreneurial dreams alive.

WTH committed to the network

'The leadership at World Travel Holdings is deeply committed to our network and consistently provides the resources and tools needed for our success. The implementation of the "We’re There to Help Stimulus Program" is just one example,' Grant said.

She added that as the industry experiences a surge in demand for travel, the Dream Vacations and CruiseOne network’s dedication to providing clients with 'remarkable experiences is our thank you to World Travel Holdings, which helped us not only survive but thrive.'