Online travel company in Europe for sale

• Revenue: > 1M EUR
• Employees: > 20
• Location of the Online travel company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS323

The company for sale provides to travellers an easy access to tourism activities and experiences. It is a young enterprise, but it managed in few years to grow very quickly and to develop the business. The current growth rate is 540%. It has business offices in 4 countries and has activities in 6 countries, 22 Regions, 51 Cities and 211 category pages. The enterprise operates an online marketplace for travellers to buy attraction tickets, city tours and activities. It is an online portal that enables tour operators to promote their products and the affiliate to earn a commission for each sell. The platform connects museums directly to the customers, does not require extra prices because there is no middle man, maintains sufficient stocks till the last minute and offers the best user experience. The team has developed and integrated a software system to control Sales, Inventory, Finance and HR in one platform for museums and other attractions. The management has done the seed funding of €1.5 M to develop this platform and has spent many other resources to grow the operations, it has started partnerships with more than 300+ travel agencies and it established 5 APIs connection to have access to 1M products around the globe. Due to Covid19, the company’s cash-flow is affected and the management is seeking for an investor or a buyer.

The online travel platform is a marketplace working with many suppliers with different services and staff. The company has 3 different kinds of clients: suppliers, travellers and affiliates. Suppliers add a product to the system effortlessly, can manage booking and offer customer care. They also set their own prices. The company gets the commission from the suppliers. The development team uses the latest technologies to provide simple solutions to travel challenges. The enterprise provides facilities to travellers to enjoy their trips and helps them to have a better experience. The platform is 100% compatible with all mobile devices. Affiliates and sales partners (bloggers, travel agencies) sell the company’s products in particular ways.

The main point of interest is to satisfy travellers who make their shops from the platform, suppliers who trust the company to promote their products and affiliates who increase the company’s sells. To achieve its goals, the company offers a user-friendly interface and accessible customer support. The online tourism platform is built in AMP code which is a feature-driven development tool. Other technical info that can be mentioned are: Backend: PHP, MySQL and Smarty; Front-end: AMP, Bootstrap, Javascript. As server it uses Google cloud platform. Machine learning, artificial intelligence and advanced inventory management systems are the desired technologies to be implemented further. It is very important for the user to receive the right content that provides information and details regarding the service provider. The company’s content team takes care of keeping the updated information for each product. As payment safety is crucial the IT team makes all the effort to ensure that all transactions processed on the platform are safe and secure. There are used the ultimate safety procedures to protect information from any potential threats.

The company for sale operates an online portal that allows travellers to buy attraction tickets, city tours and activities. On the other side, the platform enables tour operators to publish their offers, manage booking and provide customer care.

• The company operates an online travel marketplace
• The online portal offers direct contact between tour operators and travellers
• The company has a very fast rhythm of growth
• The owners are looking to talk with potential investors that are interested to grow the business in Europe