The Travel Chapter

Sector:

Travel Chapter is a leading, technology-driven marketing platform for holiday lettings in the UK

United Kingdom

Business Overview

  • Travel Chapter is a leading, technology-driven marketing platform for holiday lettings in the UK
  • Based in Devon, Travel Chapter manages over 5,000 holiday properties across the UK, through the company’s flagship website HolidayCottages.co.uk as well as other regional and lifestyle brands. The majority of the properties listed are managed exclusively by the company
  • The company offers a wide variety of properties across its portfolio to meet a range of target customers, including dog friendly cottages, country cottages, contemporary properties and romantic cottages for couples
  • The company has made significant investment in its IT systems and marketing programme which provides a strong and scalable platform for future growth opportunities and acquisitions. This has also resulted in Travel Chapter achieving industry-leading Net Promoter Scores (“NPS”) in customer satisfaction surveys, driving organic growth through referrals and repeat bookings

Investment Thesis

  • Experienced management team combining internally developed talent with external hires, with a long track record of delivering growth
  • High quality property portfolio with deeply embedded relationships with the property owners and the majority managed on an exclusive basis
  • Strong portfolio of lifestyle and regional brands, along with the flagship holidaycottages.co.uk brand, one of the most well recognised in the sector
  • Proven track record of successfully combining organic property growth with M&A, with a significant opportunity to further consolidate in a fragmented market
  • Attractive market fundamentals with robust and growing consumer demand for UK holidays and proven resilience through economic cycles
  • Experienced sponsor with a strong track record and specialism for investments in the Travel & Leisure sector