STAMFORD, CT -- BEV Capital (BEV) recently completed an investment in Travel Holdings. Travel Holdings sells hotel, airline, cruise, rental car, and travel package deals to online wholesale and retail customers. BEV invested in a $15 million financing round and joined the Board of Directors.
Travel Holdings is the result of a merger between Tourico Holiday Flights, Inc., a wholesaler of travel products and services to international customers, and LastMinuteTravel.com, Inc., a consumer online destination that specializes in low price travel products within 0-14 days of departure. The company sells significantly discounted inbound travel products in 122 countries and operates in 23 languages. Travel Holding’s core asset is its worldwide merchant hotel network, now exceeding 10,000 individual properties throughout the United States, Europe, South America and Africa. The company is a multi-channel distributor, marketing its inventory through virtually every segment of the online travel sector, including retail, wholesale, group, travel agent, corporate, and its own consumer sites, www.LastMinuteTravel.com and www.EasyClickTravel.com.
The company has built strong proprietary technology that includes a comprehensive inventory allocation system, dynamic packaging, and direct connect capabilities to its travel suppliers.
Travel Holdings is based in Orlando, FL and its website address is www.travelholdings.com
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