Rainbow Ryders Acquires PrivateBalloonFlights.com

Albuquerque, NM, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Rainbow Ryders, the nation’s largest hot air balloon ride company and the official hot air balloon ride company of the Albuquerque International Balloon Fiesta, continues its expansion. Earlier this year, the company announced the launch of Elite Xperience Planners, a service that offers one-of-a-kind adventures as well as opening its Phoenix office. Today, Rainbow Ryders announced the acquisition of Private Balloon flights an Albuquerque-based company that offers private hot air balloon rides for two to six people. Private Balloon Flights has focused its business on offering rides for couples and families looking for a more exclusive private experience.

In addition to the Albuquerque and Phoenix markets, Rainbow Ryders also offers services in Colorado Springs, and through its sister company Hot Apple Productions, produces the annual Colorado Springs Labor Day Lift Off event there every year. The company also plans to open a Las Vegas, NV office early next year.

“We just celebrated 35 years in business, and the demand for unique bucket list experiences continues to grow,” said Scott Appelman, President and Founder of Rainbow Ryders. “We are always looking for new opportunities to provide those services, and Private Balloon Flights made sense for us. We are excited to add their services to ours. We are now the only hot air ballooning company that offers exclusively private hot air balloon rides in Albuquerque, Phoenix, Scottsdale, Colorado Springs and soon, Las Vegas, NV.”

About Rainbow Ryders Hot Air Balloon Ride Co.
Rainbow Ryders has flown in 45 states and also has managed events in Chihuahua and Guadalajara, Mexico. Rainbow Ryders’ pilots have over 180 years combined experience. To date, Rainbow Ryders has flown over 300,000 passengers. For more information, go to Rainbow Ryders


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/624f02a2-691c-4723-b6a7-4517be788389


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