Voyage Privé Targets Growth to 200 Million Euro in 2010
Apr 6th, 2010 by admin
The French members only travel deal club Voyage Priv is aiming to expand their business from over 100 million euro to 200 million euro in 2010 (FR/EN). Last November, founder Denis Philipon criticized the monotony of online offerings in the travel industry in an in-depth interview. Further insights into Voyage Privs strategy to be found on Le Journal du Nets article (FR/EN).
Picture of Voyage Privé Targets Growth to 200 Million Euro in 2010 [source:excitingcommerce.com]
Voyage Priv is now present in Spain, Italy, Great Britain and the USA in addition to their home territory, France.
40% of their revenues are generated via hotel offerings. Their latest market foothold has been with campaigns with/for top-rated restaurants.
Voyage Priv has been operating profitably since 2008, has 100 employees in France and additionally 10 per international branch.
Voyage Priv launched in the US last February to go head-to-head against reigning industry leader Travelzoo, who managed to earn $94 million (PDF) in commission revenues in 2009. See also the latest management presentation (PDF).
In the US, Gilt Groupe (with Jetsetter) and now Kayak have joined the bustling private sale club business.
Online Travel Club Voyage Priv Targets 95 Million Euros for 2009 Fast Company on Kayak.com and MySpace vs. Facebook French Online Travel Club Voyage Prive Broke Even in 2007
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.[source:excitingcommerce.com]
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