Wholesalers

Luxury Escapes acquires two more travel brands

Luxury Escapes is growing its portfolio two at a time.

That’s right, as of today, they’ve acquired two more leading travel brands – re-inforcing its place as an ultimate travel powerhouse.

Bon Voyage and Scoopon Travel are the newest brands to join Luxury Escapes, which now has a membership base of almost three million people and an estimated $300 million in turnover. It’s one of the biggest online travel players in Australia, and we’re excited about it.

Luxury Escapes CEO, Adam Schwab, said the acquisition enables three of the industry’s major online travel brands to increase purchasing power, whilst keeping their respective brand identities and strong customer service roots.

“This acquisition is a game changer for the industry,” Schwab said.

“We believe the combined power of our brands, our diverse market offering across different segments of the market and incredible dedication to customer service creates an even clearer alternative to the tired and traditional travel agent market today.

“We have always respected Bon Voyage and Scoopon Travel and by preserving their strengths, and bringing Luxury Escapes’ travel expertise to the mix, we believe we are setting the stage for continued organic growth,” he added.

Luxury Escapes, Bon Voyage and Scoopon Travel have almost 500,000 travelling customers around the world each year.

And since Luxury Escapes launched in October 2013 it has established a membership base of over two million and helped over one million Aussies take one of the world’s best holidays.

They’ve also just launched a regional headquarters in Singapore, with staff operating on four continents.

Not a bad bandwagon to join if you ask us.

Schwab said that for now, it remained business as usual for all brands.

“Over the coming months, we will closely review the brand and customer strategy to determine a long-term solution that makes the most sense for all of our current and future customers and partner properties.

“Luxury Escapes offers premium hotel and resort partners access to a market thirsty for travel, opening up new demand; while offering customers value for money with specially negotiated prices. With Scoopon Travel and Bon Voyage this will continue,” he said.

“We are thrilled to have the Bon Voyage and Scoopon Travel businesses join Luxury Escapes.”

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