Dreamliner Acquires Hemphill Brothers Coach in Tour Bus Merger

  • 📰 billboard
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The combined companies will be the touring industry’s largest bus liner with 190 vehicles in service and $100m in annual revenue.

Dreamliner Luxury Coaches has acquired Hemphill Brothers Coach Company, combining the two private bus and coach tour operators into the largest provider of entertainer busses in the world.

The bet on Dreamliner was fairly simple – while the pandemic had completely devastated the touring and concert business, the industry was expected to come back strong in mid-to-late 2021, as evidenced by ticket purchases during the pandemic and pent-up demand. Artists returning to the road would encounter a shortage of high-end luxury buses due to a pivot in the transportation industry away from concert touring.

Dreamliner’s first tour was the Jonas Brothers’ August 2021 tour. In June 2022, Dreamliner purchased Diamond Coach leasing from founderthat the Hemphill purchase took approximately one year to finalize. The combined business is expected to generate $100 million in business in 2024 from a fleet of 190 coaches, Maul said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 112. in CA

Canada Canada Latest News, Canada Canada Headlines