Ambassadors Group (Ambassadors Group) Short Interest

Ambassadors Group Inc was founded in 1967 and reincorporated in Delaware in 1995. The Company along with its subsidiaries is a provider of educational travel experiences and online education research materials. Its operations are organized in two reporting segments: Ambassador Programs and Other, which provide educational travel services through multiple destinations within several travel program types and corporate overhead; and BookRags, which provides online research capabilities through book summaries, critical essays, online study guides, lesson plans, biographies, and references to encyclopedia articles. Its educational travel programs offer both domestic U.S. destinations as well as international travel destinations, including, but not limited to Europe, Australia, China, Japan, South Africa, India, Costa Rica, and Antarctica. This direct to consumer travel business consists of specialized private-label educational travel programs that seek to educate, inspire intellectual exchange, and develop the cultural and global intelligence of its participants. In 2013, 18,251 delegates, including students from 46 different countries, traveled on its programs to 37 countries on all seven continents. Founded in 1999, BookRags originally began as a source for online book summaries and notes that has grown to include a variety of additional content including critical essays, study guides, lesson plans, teacher resources, film summaries, biographies, literary criticisms, and references to encyclopedia articles. It competes with other companies that provide similar educational travel programs, professional travel and adult continuing education programs, activity camps and summer camps, as well as independent programs organized and sponsored by local teachers with the assistance of local travel agents.