Tag

The Travel Business

News

Global Blue secures €1 billion price tag

Six months after the management team led a buy-out of the firm, Equistone Partners Europe has sold Global Blue to Silver Lake Partners.

Entrepreneurs

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.

News

The Only Scootercase

To provide city workers with a faster way of negotiating the crowds, US-based Hammacher Schlemmer has come out with the Only Scootercase, fusing a traditional scooter with the needs of today's business people.

News

UK and Dutch holiday websites link up

UK-based home rental website pureholidayhomes.com has been acquired by @Leisure-Group in a transaction that will see the two businesses share platforms.

News

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.

News

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.

News

Statesman secures £4.25 million from bank fund

The Business Growth Fund has completed its second investment, committing £25 million in growth capital for acquisitive Statesman Travel Group, an independent travel management company.

News

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.

News

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.

News

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.

News

Kuoni purchases British rival

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

News

Flight planning service takes off

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