Driven by short format videos platforms like TikTok and Reels for Inspiration.
Travellers are bypassing traditional channels like travel agents and tour operators to Book Direct.
Data and IA powered Travel Planning empowers a new generation of travellers.
Decisions are made based on pricing comparison tools, meta-search engines and validated reviews.
API’s provide universal access to supplier dynamic pricing and inventory for Bookings.
Travellers are combining leisure with business. This allows for longer stays, reduced seasonality and alternative accommodation options.
Travellers are increasingly ethical and intentional in their choices, driven by environmental and social concerns and suppliers' initiatives.
Travellers are open to exploring lesser known, less busy destinations. This opens opportunities for a more local and diversified tourist offering.
Increased segmentation and tailored engagement with travellers creates valuable market opportunities in endless niches. (Ultra Luxury, Experiential, Ethical, Sports, Food, Religious, Seniors, etc…)
Spain is investing 3.4 billion euros in the tourism sector, with more than two billion going toward sustainability projects. The aim is for every visitor to have a net positive impact in terms of the environment, the social impact on local communities, and economic sustainability.
Spain’s abundance of cultural offers, attractions, great people, lifestyle, weather, architecture, UNESCO sights, food, wine, and natural wonders are discovered and appreciated one generation after another.
Spain is well positioned to attract increasing numbers of luxury travellers with the addition of five-star hotels in Madrid and beyond.
Whilst the Chinese market is not expected to recover until 2026, Spain has long term growth opportunities to attract a new generation of travellers from India, and especially from the Middle East and Latin America based on historical ties.
Destino is targeting companies in the Spanish travel industry that are currently experiencing a trajectory of growth and ideally possess the following attributes:
Founder & Managing Partner
Eddie loves being an entrepreneur and company owner, building an asset with a strong strategic position in a market, and creating prosperity for all involved.
• Early employee with Booking.com, Hotels.com, Lastminute.com, hired by and reporting directly to these companies’ founders
• Founder and former CEO of Caribbean Travel Network, a pioneering company for online travel services in the Caribbean
• Achieved €100M+ in accumulated sales and €10M+ in accumulated ebitda, directly creating 150 jobs for highly motivated co-workers
• M&A experience: one company acquired and multiple asset-based transactions in the travel and travel media sectors
• Angel investor in several travel startups in EU and US
• Completed an Executive Education program in Mergers & Acquisitions at the Wharton School of the University of Pennsylvania
• Passionate about tourism, e-commerce, digital transformation, sustainability, management, and business strategy
• Fluent in five languages (Dutch, English, Spanish, German, French)
Our advisory board are leaders in their industries. Together they offer their significant knowledge, experience and network, to help turn our investments into a huge success.
We understand that selling your business is a major decision for you. What we strive to offer is partnership, structured in a way that meets all your goals in transitioning the business you have successfully built. We aim to proactively address the following key challenges:
Will I receive a good and fair price for my business?
Will the buyer seek to build on my legacy and take care of my employees?
Do the buyers have a track record of doing as they say after the LOI is signed, and after the transaction is complete?
Does the buyer understand our business, or will we have to go through an extended period of time educating them on our business?
Does the buyer have the financial capacity to close the investment? Do they have previous experience in buying or running a company, like mine?
Our investment process is informed by our experience with earlier acquisitions and running companies that are very similar to yours. We keep our information requests focused, efficient and predictable. Our intent is to reduce the burden on you while also allowing you to plan ahead.
• Explore the opportunity and see if it is a good fit for both parties
• We provide the 1st information request list and preliminary fair market value range
• We submit an expression of interest to you
• You decide if we move forward
• We complete our due diligence
• We finalize purchase documents
• We sign documents and you receive the proceeds from the sale
• We provide the 2nd information request list
• We submit to you a letter of intent with key agreed upon deal terms clearly outlined
• You decide if we move forward
We 'd love to hear from you!