logo
KHM Travel Group

KHM Travel Group

Travel Weekly23-06-2025
2024 sales: $409 million
Previous ranking: 41
Employees: 66 full-time, 14 part-time
50 Pearl Road, Suite 300
Brunswick, Ohio 44212
Phone: (888) 227-0845
Website
$409 million4166 full-time, 14 part-time50 Pearl Road, Suite 300Brunswick, Ohio 44212Phone: (888) 227-0845
Executives
PRESIDENT/CEO: Rick Zimmerman
VP, SALES AND MARKETING: Geoff Cox
VP, FINANCE AND ADMINISTRATION: Karen Siburt
VP, INDUSTRY RELATIONS: Anita Pagliasso
VP, AGENT ENGAGEMENT: Bill Coyle
COMPANY FACTS
* Privately held host agency.
* Owned by Rick Zimmerman.
* Works with 5,334 independent contractors.
* 99% of sales completed by hosted advisors.
* Sales: 100% leisure.
* A member of Travel Leaders Network.
DEVELOPMENTS
* Experienced a record-breaking year of paying weekly commissions with a single-week record of $1.6 million in June and 15 straight weeks paying more than $1 million.
* Expanded one-on-one coaching to involve more team members in groups, marketing, social media and other sales.
* Answered more than 10,000 support phone calls.
* Added Extensions of Learning opportunities for those who attend its Boot Camp 1.0, Boot Camp 2.0 and Group Camp events to practice their skills and learn about new destinations, resorts and cruise lines.
* Created educational courses about social media and Marketing Beyond the Screen.
* Enhanced its agent-engagement efforts through events across the country, monthly webinars, check-in phone calls and resources for all levels of agents.
LOOKING AHEAD
* Developing a comprehensive luxury program that includes offerings from luxury suppliers, a monthly luxury travel newsletter, the Luxury Symposium at Hotel Cleveland in the fall and luxury travel education opportunities.
* Expanding the number of trips offered to top-producing agents to include invitation-only travel experiences for its Diamond Elite, Diamond, Platinum, Gold and Silver Pinnacle agents.
* Launching a partner membership option that enables advisors to pair up and work under the same brand.
* Fostering leadership, community-building and networking for the next generation of travel professionals through the growth of its senior leadership team and new young professionals program.
* Continuing the renovation of in-house training facilities to host Boot Camp events at the corporate office in Ohio to make in-person education (and virtual attendee options) more affordable and attainable for more advisors.
* After a slower Wave season at the start of 2025, because of pricing and limited availability, company's outlook for the rest of the year and beyond is bright.
* Seeing the biggest growth in elevated travel with value-added services and exclusive experiences. There's a strong demand for cruises because of capacity growth and the rise of interest in short cruises.
* Anticipating larger growth on the cruise side (more than 15%) compared to land (2% to 5%).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

RTX 40-series GPUs just got smoother gameplay with Nvidia's latest update
RTX 40-series GPUs just got smoother gameplay with Nvidia's latest update

Digital Trends

time12 minutes ago

  • Digital Trends

RTX 40-series GPUs just got smoother gameplay with Nvidia's latest update

Out with the old, in with the new. According to Board Channels, Nvidia has now halted production for nearly all of its best graphics cards as it shifts focus to the RTX 50-series. Only one GPU remains in production, and some of the cards that are the most in demand are no longer being produced. Nvidia hasn't officially announced that it's sunsetting the RTX 40-series, but we've been hearing more and more reports that imply that might be the case. The RTX 4090 was among the first cards to go out of production, and the discontinuation appears to have immediately affected the markets. Nvidia's behemoth flagship was hard to come by at the best of times, and now, as no more new units are being produced, it's safe to assume that this situation won't improve. The cheapest RTX 4090 I could find on Amazon costs nearly $2,000, but you can still snag one for $1,900 at Newegg .

Here Are My Top 2 Mining Stocks to Buy Now
Here Are My Top 2 Mining Stocks to Buy Now

Yahoo

time21 minutes ago

  • Yahoo

Here Are My Top 2 Mining Stocks to Buy Now

Key Points Newmont is catching tailwinds from record-high gold prices, delivering record free cash flow in Q2. MP Materials has secured major deals with the DoD and Apple, but faces near-term revenue pressure. 10 stocks we like better than Newmont › Mining companies have a reputation for being boom or bust. They can be defensive, cyclical, and -- if you pick right -- pretty rewarding over the long haul. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA Right now, two mining stocks that stand out to me are Newmont (NYSE: NEM) and MP Materials (NYSE: MP). One is a gold miner with a huge global presence and a gold market that's tilting in its favor. The other is America's rare-earth champion, or, rather, one of the few domestic sources for metals critical to defense, tech, and clean energy. The first leans on demand that's been around for centuries, while the second is still out to prove its story. Let's start with the steadier of the two. 1. Newmont Newmont is the world's largest gold miner, with operations spanning five continents. It's about as close to a blue-chip gold stock as you can get, with steady cash flow, global scale, and a front-row seat to the gold price show. Speaking of which, gold prices have been on a tear in 2025. Just consider this: the average quarterly price for an ounce of gold hit an all-time high of $3,280.35 in June, an increase of 40% year over year and 15% from the previous quarter. JP Morgan now sees gold prices crossing $4,000 by the second quarter of next year, while Goldman Sachs is projecting a range of $3,650 to $3,950. If either of those predictions comes true (and let's be clear -- they are only predictions), strong tailwinds would fluff up the sails of Newmont. Already, the company has sailed high on the strength of gold this year. In Q2, it turned out about 1.5 million attributable ounces at an all-in sustaining cost (AISC) of $1,375 per ounce -- good enough to deliver a record $1.7 billion in free cash flow. That kind of cash covers the dividend (currently yielding about 1.45%) and funds a $3 billion stock buyback program. Shares are up nearly 80% this year on the back of those results, yet Newmont still doesn't look expensive. Its enterprise value is just over 6.5 times earnings before interest, taxes, depreciation, and amortization (EBITDA), below the industry's usual 7-to-8 range and under its own long-term average. With gold's backdrop this strong and a healthy balance sheet, Newmont seems like a good buy for the long term. 2. MP Materials MP Materials runs the only rare-earth mine in the United States, which produces elements like neodymium and praseodymium (NdPr). These metals are essential for producing high-strength magnets used in everything from smartphones to electric vehicles to wind turbines and fighter jets. Currently, China is the dominant producer of these and other rare-earth metals. But MP Materials' Mountain Pass mine in California could give the U.S. a strategic foothold in securing its own supply chain. That fact alone has opened doors: a major Department of Defense contract that includes a price floor for NdPR at $110 per kilogram and a $500 million supply deal with Apple for magnets used in its devices. Production has been ramping up fast. In the second quarter of 2025, MP Materials' NdPr production reached 597 metric tons, a record high. And with management expecting production to rise 10% to 20% over the next quarter, that record might not last. Meanwhile, losses narrowed more than expected, with a $0.13 per-share loss more favorable than the $0.20 that was forecast. Still, a lot of questions remain, especially after MP Materials' decision in April to halt all exports to China, historically its biggest customer. The bet is that government contracts, Apple's magnet orders, and new buyers in the U.S., Japan, and South Korea will more than make up the difference. But the company will have to start selling more refined products instead of raw concentrate, which is problematic considering that its 10X Facility is still years from opening. At the stock's current price, its forward price-to-earnings ratio of about 24 times already bakes in a lot of expectations for growth. That's rich for a miner in transition, especially one that's trading short-term revenue for the promise of downstream integration. For now, MP remains a high-risk, high-reward bet on U.S. supply chain independence -- worth watching, for sure, but best kept as a small holding of a portfolio. Should you invest $1,000 in Newmont right now? Before you buy stock in Newmont, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Newmont wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Steven Porrello has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Goldman Sachs Group, and JPMorgan Chase. The Motley Fool recommends MP Materials. The Motley Fool has a disclosure policy. Here Are My Top 2 Mining Stocks to Buy Now was originally published by The Motley Fool

Virginia Beach emergency officials prepare for Erin
Virginia Beach emergency officials prepare for Erin

Yahoo

time29 minutes ago

  • Yahoo

Virginia Beach emergency officials prepare for Erin

VIRGINA BEACH, Va. (WAVY) — Hang in there locals. In 13 days, you can have your beloved beach back. Until then, King Neptune and Virginia Beach Emergency Management officials are keeping a close eye on Hurricane Erin, as it's going to be rough going at the Oceanfront over the next three days, with rip currents being a problem. And high waves and strong gusts will also remind us of Erin's presence. 'Rght now, we're just really keeping a close eye on the forecast and the development of Hurricane Erin,' said Virginia Beach Director of Emergency Management Dave Topczynski. 'You know, there's a lot of differences in the tracks of where how close [Erin] could come to the coast or stay offshore. So right now, we're going through our checklist, looking at the different predictions and how it could impact the city.' The Oceanfront remains a popular destination, as summer winds down. Stil, tourists and residents spending time here this week will want to be careful. 'One nice person yesterday asked me, 'Is that for real, all these warnings we're getting?' And I said, 'Absolutely it is,'' said Tom Gill, chief of the Virginia Beach Lifesaving Service, 'because when it gets to be as big as they say it's going to be, it's not going to be swimmable. We'll be keeping people out of the water.' The Virginia Beach Lifesaving Service placed red flags in the resort area Monday night to warn people of the dangerous water conditions. They expect those conditions to worsen through the week. 'Definitely keeping an eye on the forecast, though, and Erin's track, because that is going to directly imapct wave height, rip current strengths and our preparations over the next couple days,' Gill said. But that isn't stopping anyone from enjoying the sand. 'This is our first time visiting Virginia Beach, so we actually just got in yesterday,' said tourist Swati Dasari. Many people have no plans to cut their trip short. Officials say you don't have to either, as the only likely issue the Oceanfront could see are high winds and less-than-desirable swimming conditions. 'There's been a lot of people getting too comfortable in the water, and before you know it you're not where you started out,' said Virginia Beach resident Jose Vera. 'Be careful and keep an eye out for red flags. There's people out here whose job is to keep you safe.' So be sure to use caution. 'Virginia Beach is a beautiful place and we're really not going to see the effects where it's not gonna be a fun time to be here in Virginia Beach,' Gill said, 'just not in the water, and the beach might be a little rough for a couple days depending on what the winds do those north-northeastern winds that we're expecting to see.' If Erin decides to become memorable in the 757, emergency planners say it won't be from what falls from the sky, but from what the Atlantic Ocean delivers. As the Erin watch continues, Topczynski listed the best-case and worse-case scenarios. 'Best case scenario: it's cloudy like today and a little bit overcast and stays out and there's some great waves for the surf and championship down there,' Topczynski said. 'Worst case is it tracks a little bit west and we're looking at some gusty winds, maybe some trees down and some of that moderate coastal flooding that we'll have to manage.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store