Vacation Innovations LLC
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Vacation Innovations LLC - overview
Established
1999
Location
Orlando, FL, US
Primary Industry
Marketing/Advertising
About
Vacation Innovations LLC offers specialized solutions for the travel and timeshare resale markets, focusing on secondary-market services within the vacation ownership industry. Vacation Innovations LLC is a company that provides comprehensive services for the travel and timeshare resale markets. Founded in 1999 and headquartered in Orlando, US, the company has developed from its origins as an escrow and title agency for timeshare assets. Founder Scott Roberts has a history of entrepreneurial endeavors, though specifics of other ventures are not available.
As of November 2017, Tritium Partners invested in Vacation Innovations, but the financial terms were not disclosed. The company has pursued a singular investment deal to date. Vacation Innovations specializes in comprehensive solutions for the travel and timeshare resale markets, focusing on secondary-market services for the vacation ownership industry. Their offerings include a range of travel-related products and software designed to enhance consumer and developer experiences.
Originally starting in 1999 as an escrow and title agency for timeshare assets, the company has evolved to serve a diverse clientele, including individual consumers and developers aiming to streamline operations. The products are marketed primarily in North America, with efforts to reach international markets reflected in their web traffic. Vacation Innovations generates revenue through various transaction structures in the travel and timeshare sectors. The company engages in B2B and direct-to-consumer transactions, delivering purchase and rental offers across the vacation ownership landscape.
Revenue streams include management fees, with over USD 100 mn paid to the industry since 1999. The company's business model emphasizes significant transactional volume, highlighted by USD 236 mn in purchase and rental offers delivered to clients in a recent year. Looking ahead, Vacation Innovations aims to expand its product offerings, with plans for new travel-related solutions yet to be detailed. The company is targeting expansion into new geographic markets, particularly in North America and potentially other regions by 2024.
Recent funding from the November 2017 deal with Tritium Partners will support these initiatives, enhancing the company's ability to innovate and reach broader markets.
Current Investors
Tritium Partners
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing
Website
www.vacationinnovations.com
Verticals
E-commerce, Social Media
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Vacation Innovations LLC - 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 | Holiday Systems International | - | ||||||||
| Growth | Completed | Vacation Innovations LLC | - |
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