Hotelplan Group has acquired the Travelhouse Group, creating the largest travel operator in Switzerland and enhancing its position in the Swiss market.
Information on the Target
The Travelhouse Group, formerly known as the Reisebaumeister Group before January 1, 2005, is an independent tourism enterprise based in Switzerland, employing 380 staff members. With a consolidated revenue of CHF 264.8 million (or CHF 243.4 million as per European methods), it stands as the fourth-largest travel provider in Switzerland. The group comprises ten specialized travel operators focusing on various geographic regions, including Africa, the Caribbean, and Asia, among others. This allows Travelhouse to maintain a strong presence and reputation within the Swiss travel market.
Travelhouse operates under a well-regarded name, offering diverse products designed to meet the specific needs of travelers. The group includes 16 travel agencies and an airline ticket provider, ensuring broad access to travel services. Following the merger, Travelhouse will continue to function as an independent unit within the Hotelplan Group while retaining its experienced management team, including co-founder Oskar Laubi and CEO Thomas Stirnimann, as shareholders and board members.
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Industry Overview in Switzerland
The Swiss travel industry has witnessed significant growth over the past decade, characterized by increasing consumer demands for personalized travel experiences. As travelers seek to explore niche markets,
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Hotelplan Gruppe
invested in
Travelhouse-Gruppe
in 2006
in a Merger deal
Disclosed details
Revenue: $265M