MTS Globe is the preferred partner for many European tour operators, offering 12,000 hotels and customised destination services. The business generated gross sales of €500 million in 2015. Under the agreement, its partner network and management team will remain unchanged and continue to trade under the MTS Globe, OTS Globe and Axis Data brands. GTA chief executive, Ivan Walter, said: “With this transaction GTA takes an important step towards fulfilling its vision to be the world's easiest travel distribution partner to do business with. “MTS Globe’s large portfolio in the Mediterranean beach destinations ideally complements GTA’s global accommodation and destination services offering. Get the full story at Travel Weekly UK