Journey Hospitality, an e-commerce platform for lodges, has raised £5 million.
The funding within the U.Okay.-based firm, which launched in 2010, comes from Averroes Capital.
Journey Hospitality says it has grown organically thus far and plans to make use of the capital for product growth, market enlargement and recruitment.
The corporate lately launched what it dubs its “all-in-one” e-commerce platform, onejourney, which aggregates a resort’s services and products into dwell, bookable stock.
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Journey Hospitality says annual software program income has elevated 151% prior to now yr, and it anticipates additional will increase within the coming yr.
Simon Bullingham, founder and CEO of Journey, says: “The funding will assist us obtain long-term progress and shake up the business with know-how that addresses key e-commerce challenges inside lodges. We’ve got labored alongside luxurious lodges for over a decade and satisfaction ourselves in really understanding their enterprise.”
Simon Rowan, companion of Averroes Capital, provides: “Journey Hospitality has achieved spectacular outcomes with its current know-how and is held in excessive esteem by luxurious hoteliers. Our staff has deep expertise in unlocking enterprise potential and attaining industrial progress, notably with B2B software program firms. We’re trying ahead to utilizing our experience to assist develop Journey Hospitality.”
