Travelopia to acquire Enchanting Travels
Travelopia, the world’s largest collection of specialist travel brands, is delighted to announce that it has agreed to acquire Enchanting Travels, a German headquartered tailormade luxury travel specialist.
Founded in 2004 by Parik Laxminarayan and Alex Metzler, Enchanting Travels is a tailormade luxury travel specialist which provides exclusive, customised travel experiences for guests primarily from North America, Western Europe and Australia. The company has six offices across four continents and has provided transformative travel encounters to 30,000 guests, visiting 44 countries with a 98% satisfaction rate. Enchanting
Travels has developed a leading technology platform which enables it to provide its guests with exceptional service and truly authentic experiences. The business has a strong track record of growth as it’s forecasted to double its revenue in the three years to FY19. Future expansion will be realised through the development of its new and existing source markets and destinations.
Andy Duncan, Travelopia CEO, said “We are delighted to welcome Enchanting Travels to the Travelopia Group.
Parik and his team have created an exciting and innovative business that utilises the latest technology to help redefine tailormade travel and offer life changing holidays. We look forward to working with the team to expand Enchanting Travel’s destination and luxury travel offering, and to support its growth in its primary source markets of Germany and the USA.”
Parik Laxminarayan, Enchanting Travels CEO, said “The opportunity for us to join Travelopia and embark on a much bigger journey with a much larger vision is something we are very excited about. Travelopia holds a very inspiring vision of being the best collection of travel specialist companies in the world and we look forward to starting our new journey, driving Travelopia’s growth and vision forward, as part of a very exciting next phase for our company.”
Completion of the acquisition is subject to regulatory approval in certain jurisdictions and agreement from Enchanting Travels’ minority shareholders.
Travelopia, headquartered in the UK, is one of the world’s leading experiential travel platforms, providing customers with unique experiences, such as private jet travel, polar expedition cruises, cycling and trekking-based holidays, sailing adventures and high-end, tailor-made holidays. Travelopia has a large, international customer base of over 750,000 travellers each year and serves over 70 destinations globally through its collection of brands.
Editors Notes:
High res images are available upon request.
For further Travelopia information contact:
Sarah Locke, Press Officer
Tel: +44 (0) 1293 457723 / +44(0) 7976354485
Email: [email protected]
Travelopia is one of the world’s leading specialist travel groups. A pioneer in the experiential travel sector with a portfolio consisting of more than 50 independently operated brands, most of which are leaders in their sector. From sailing adventures, safaris and sports tours, to Arctic expeditions, each brand is diverse and focused on creating unforgettable experiences for customers across the world.
Travelopia brands pride themselves on offering a seamless and dedicated customer journey. From the exceptional service and in-depth knowledge of the sales teams, to best-in-class tour guides and concierges around the globe.
With a multitude of awards to their name, just some of the collection includes; Quark Expeditions, TCS World Travel, Hayes & Jarvis, Sovereign Luxury Travel, Exodus Travels, Citalia, Austravel, Le Boat, Gullivers Sports Travel, Flexiski, American Holidays , The Moorings, Sunsail, and Headwater.
www.travelopia.com