Travesse Lifestyle Ltd. Acquires Perfect Escapes Inc.
LONDON, April 24, 2012 /PRNewswire/ --
Leading members-only travel club set to create unrivalled online luxury travel service
Luxury travel specialist Travesse Lifestyle Ltd. has acquired San Francisco-based Perfect Escapes Inc ., owner of five well-established luxury travel websites.
Previously known as Flash Sales Ltd., Travesse Lifestyle Ltd. already owns the exclusive, members-only luxury travel site Travesse.com in the UK, as well as TheTravelEditor.com, a leading source for travel-specific editorial content.In addition to the Perfect Escapes flagship, Travesse Lifestyle's portfolio now includes the private-sale luxury travel site Spire, boutique hotel and villa specialist Chic Retreats, UK-focused Travel Intelligence, and luxury lifestyle curator Suzanne's Files. Along with the Perfect Escapes site network, Travesse has also acquired Starfish Interactive, a proprietary online booking engine and inventory-management system for luxury travel. Besides powering the company's own brands, Starfish also partners with top travel sites including Condé Nast Traveller (UK), Red Online, Room for Romance, Luxique, and Luxe City Guides. The move allows Travesse Lifestyle to provide customers with the complete luxury online experience. With a large and ever-growing collection of luxury hotels, and an exceptionally strong buying team in both the US and Europe, the company will offer an unrivalled selection of hand-picked hotels for online booking, while continuing to provide members with preferential rates at a selection of luxury hotels around the world. With editorial recommendations by established travel writers at TheTravelEditor.com, Travel Intelligence, and Suzanne's Files, as well as a customer service center staffed by luxury travel specialists, Travesse .com will soon offer its customers much more than private sales. "This acquisition marks a very exciting stage in the evolution of Travesse. Our aim is to create an unrivalled online luxury travel service, and this move means we are the only operator able to provide hand-picked offers, real-time booking, and independent editorial content. We are offering members a true luxury travel experience, not just a room for the night," says Amir Azulay, CEO of Travesse Lifestyle Ltd. "Although the company has continued to grow since we acquired it in July 2011, 2012 will be a defining year for Travesse. We are committed to continually improving our service offering while keeping the customer's needs as our main focus. By bringing together these established brands and our network of partners under the Travesse name, we aim to be the market leader in the online luxury travel sector," continues Azulay. Despite the global economic downturn, key industry analysts* predict that the luxury travel market will grow further in 2012. Combined with a rising demand for 'affordable luxury', Travesse is well placed to become a major online luxury travel provider this year.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV