Mobile Booking – The number of travelers using online travel agents (OTA) and direct booking has increased in the past. This creates more opportunities for online travel agents and lowers the barrier of entry for new players in the market.
Consumer Disposable Income – Travelling is considered a non-essential expenditure. As consumers have more disposable income, the number of annual trips is forecasted to grow as well.
Sustainability – About 90% of consumers look for sustainable options when traveling. They look for information on sustainable traveling options
Selling a Transportation & Logistics Company
Consolidations frequently take place in the Travel Industry. As Canada’s leading private market M&A Advisory firm, Beacon understands that selling a business is an important decision. A dedicated business owner not only seeks to extract maximum value from the sale of a business but also seeks to sell the business to a competent buyer who can continue the company’s legacy. Beacon has worked on valuation and M&A advisory mandates in the entertainment industry, bringing extensive experience in deal negotiation to the table. Our experienced advisory team will assist your business in navigating the entire sell-side M&A process.
As an entrepreneur or business owner who is exploring a potential sale, it is important to understand some key factors specific to the transportation and logistics industry that might impact the likelihood of a potential sale. These are factors that determine business attractiveness for potential buyers and investors.
Niche Product Offerings – In the Travel industry, companies often offer similar vacation packages and services. As such, a travel company that offers unique services gains a competitive advantage in the market and attracts clients who are looking for more niche travelling experiences.
Relationships with Other Industry Players – Travel companies offer convenient, one-stop-for-all services through building relationships with other industry players. For instance, an Online Travel Agency might partner with airline companies and hotels to offer a comprehensive vacation package.
Customer Service – In a client-facing service industry, travel companies build their brand reputation through delivering high-quality services and products.
With 140 years of combined experience serving businesses within Toronto, Ontario, and abroad, the Beacon transaction team has extensive knowledge and experience successfully working for several travel companies from a variety of industries. Whether it be a valuation or sale, our team can provide expertise and resources found only at larger corporations, paired with the personalized touch of our M&A Advisory team. Contact us today to get in touch with one of our advisors.