The Travel Business


Key Travel MBO for ISIS Equity Partners continues prolific 2013 dealmaking

ISIS Equity Partners has closed its eighth investment of 2013, this time in the travel sector.


Merger between two travel companies set to create £100 million revenue business

LDC portfolio business TD Travel has closed a new acquisition and will be re-branding as part of the process.


Iglu.com buys Planet Cruise with help from private equity firm

Online ski and cruise agent Iglu.com has closed its first transaction since the business was packed by private equity firm Growth Capital Partners in May 2012.


HouseTrip adds Accel Partners as investor and locks up a further $40 million of funds

London-based holiday rental business HouseTrip has taken its total fundraising to date to $59.7 million (£37.3 million) after closing its Series C round.


Setting up a travel business: Andrew Dunn

Andrew Dunn, who started up luxury tour operator Scott Dunn aged 22 with a £5,000 bank loan, has experienced some ups and downs on the way to building a £25 million turnover business.


Travel Republic sells equity stake

Air services provider Dnata has acquired online UK travel agency Travel Republic in a deal which represents one of the Dubai-based business' 'biggest transactions' in its history.


HouseTrip secures $17 million in second round financing

Holiday apartment website HouseTrip.com has completed a $17 million (£10.9 million) Series B funding round, ten months after closing a first round, that will fund product development and marketing campaigns.


Secret Escapes secures second round finance

Luxury deals website Secret Escapes has secured a second round of funding and announced a new chief executive as the company pursues further market share in the competitive online travel sector.


Holidaybreak sells West End Theatre Bookings

Education and activity travel group Holidaybreak has sold its subsidiary business West End Theatre Bookings for £10.9 million.


Tourism boosts UK business in April

Overseas visits to the UK totalled 2.7 million in April this year, providing a significant boost to the UK’s tourism industry, according to new figures.


Kuoni purchases British rival

Swiss travel company Kuoni has agreed to acquire British-based Gullivers Travel Associates (GTA) for $720 million (£445 million).


Flight planning service takes off

RocketRoute.com has raised £220,000 of equity investment to take its web-based flight planning service to market.