Journey Hospitality Ltd
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Journey Hospitality Ltd - overview
Established
2012
Location
Cheltenham, -, UK
Primary Industry
Business Support Services
About
Based in the UK, Journey Hospitality Ltd engages in providing innovative solutions for the luxury hospitality sector, leveraging technology to enhance guest experiences and optimize revenue for hotel operators. Journey Hospitality Ltd, founded in 2012, is headquartered in Cheltenham, UK. The company offers technological solutions tailored for the luxury hospitality industry. Co-founded by Giles Vigor-Robertson and Simon Bullingham, the current CEO, the firm has successfully completed 2 deals, with its most recent funding round occurring in December 2024.
The company raised USD 2 million in this round, with investments from Growth Lending and Averroes Capital, bringing the total amount raised to USD 2 million. Journey Ltd provides a suite of integrated products designed for luxury hospitality, including an all-in-one booking engine, an experience management system, and a payment management solution. Their offerings aim to enhance guest interactions, allowing upscale hotels and resorts to maximize revenue through improved direct bookings and operational efficiency. In the most recent year, 2024, Journey Ltd reported a revenue of USD 10.
81 mn, with an EBITDA of USD -3. 94 mn. The company generates revenue primarily through subscription models and service-based offerings, focusing on partnerships with luxury hotels and resorts. In December 2024, Journey Hospitality Ltd raised USD 2 million in growth funding aimed at further investment in software development and expanding product offerings.
The funding will also support enhancements in strategic integrations with key corporate partners. The company is focused on expanding into new markets, particularly within Europe and the Asia-Pacific region, to capitalize on growing opportunities in these areas.
Current Investors
Averroes Capital
Primary Industry
Business Support Services
Sub Industries
eMarketing/Digital Marketing, Hospitality Services, Sales & Marketing Software
Website
http://www.journey.travel
Verticals
E-commerce
Company Stage
Growth Stage/Expansion
Total Amount Raised
Subscriber access only
Journey Hospitality Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Premier Software Solutions Limited | - |
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