Report: A&K Travel Group is considering an IPO

Abercrombie & Kent Travel Group is considering going public within the next two years, reports British newspaper The Telegraph. 

CEO Cristina Levis said the company has started discussions with bankers about an initial public offering in 18 to 24 months.

Though the brand has offices in London and could pursue a listing on the London Stock Exchange, Levis said the company is considering the New York Stock Exchange. Levis said the NYSE would be more appealing as the company continues to expand in the U.S., in addition to there being more analysts covering travel businesses in the U.S.

Last month, Abercrombie & Kent Travel Group secured a $500 million credit facility from Citi, which will fund the expansion of owned assets such as destination management companies (DMCs), camps, lodges and riverboats. 

A&K Travel Group includes the Abercrombie & Kent and Cox & Kings tour companies, luxury cruise line Crystal, lodge and small-ship cruise operator Sanctuary Retreats, and Galapagos cruise specialist Ecoventura.