Travelopia takes over German luxury travel specialist
02/25/2019|3:38:15 PM|TravelWeekly

Specialist travel group Travelopia is to take over a German luxury tailor-made operator.

Enchanting Travels is being acquired for an undisclosed sum.

Completion of the deal is subject to regulatory approval in certain jurisdictions and agreement from Enchanting Travels’ minority shareholders.

Founded in 2004 by Parik Laxminarayan and Alex Metzler, the firm provides trips in North America, Europe and Australia.

Enchanting Travels, with six offices across four continents, handles 30,000 holidaymakers a year across 44 countries.

The company has developed a leading technology platform and its forecast to double its revenue to an unspecified level in the three years to 2019.

Travelopia handles more than 750,000 travellers a year operating more than 50 brands including 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.

CEO Andy Duncan said: “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.”

Read Original Article