The travel and tourism includes hotels, motels, hostels, inns, travel agencies, tour operators and all businesses that depend on tourism to thrive. The industry has a range of suppliers and the target market involves local and international tourists, corporations and governments. The tourism industry is in its mature stage and faces light regulation. Over the last five years, the tourism industry in Canada witnessed strong growth due to high consumer confidence and discretionary income on a global level.
Weak oil & gas prices and competitive airfare has made travel affordable and convenient. Going forward high discretionary income and globalization will continue to drive demand for this industry. The number of individuals and families opting for international travel has steadily grown over the last decade and this trend will continue.
Canada’s political stability and wealth of natural resources makes it an attractive option for a vacation destination. In addition, the country’s contrasting geographic landscapes and diverse ethnic population harbors a great environment for the hospitality industry.
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 40 years of combined experience serving businesses within Toronto, Ontario, and abroad, the Beacon transaction team has extensive knowledge and experience successfully working for several automotive 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.