Was a last year Regeneration of risk capital activities in the tourism industryIn accordance with the increase in travel demand. This was mainly due to the restoration of places in Pacific and Asia and the good behavior of the large output markets. In the second quarter of 2024, the European tourism and leisure industry states that 14 Risk capital activities were prepared for $ 822.9 million (724.4 million euros) in integrated value. Global data functional database.
Among the main individuals Activity The European Risk Capital ARS Management Corporation and its Operational Partner EQ Group seems to have purchased in 2024 The whole hotel portfolio In the British Real Estate Advertising Group Landex, in a move worth about 400 million pounds (466.7 million euros). But why do dangerous capital companies invest in the world travel and tourism industry at this time?
Recovery after infection
In the case of infections, Travel requirement stoppedWere made of many risk capital companies Low -rated assets It was then planned to continue investing in them.
According to Andrew Keller, director of Stocks Consulting, “The operation of venture capital funds has experienced a significant increase in the operation of the travel industry, which refers to 40% of the UK’s links and acquisitions in 2024, especially with strong interest Technical and experienced traveling companies“And more says:” This elastic travel requirement is driven by restoring Govid -19 Crisis. Many risk capital companies use procurement and construction strategies, get a major business, and then add filler acquisitions quickly. “
In the words of Graham Miller, the director of the Nova School of Business and Economics, in the words of Graham Miller: “Hotel and Tourism Department, in particular, has been obtained Big -risk capital investments. Reorganization groups have been purchased, and tour operators have invested from PE (Private Equity ‘or Capital Investment in Spanish).
Dr. Renee-Ojaz Wob Works, a professor of real estate financial school at EHL Hospitality Business School, explained that this recent regeneration may be due to the benefit of PE companies in the tourism industry. “Many factors drive this belief. First, positive population trends, especially Baby Poomans’ Poor to approach the pensionThey refer to the future need. At the same time, the offer is very low in the best places High costs .
He added: “During the Gov -19 crisis, my own inquiries confirm that venture capital companies usually use market displacement.
Shift
Displacement of luxury and well -being experienced, which includes travel, instead of high -end products, More opportunities Risk capital in the travel industry. This includes upgrading hotel facilities and other travel infrastructure to serve the current passengers. The origin of relatively very special places, especially in areas such as Asia central The Nordic countries, among other things, also indicate the need to create new hotels, or in many cases, to redeem and renew what existing existing to accommodate more tourism.
The bold journey of over 4,000 consumers in Iceland also notice this growing tendency in other parts of Scandinavia. “Denmark, Sweden, Norway, FinlandWe will try to have similar statistics in each of those countries. We know there is a great need for our travel style, ”says James Thornton, CEO of the brave journey.
Risk capital companies have also participated in the construction and renewal of new hotels and both maintenance and operational technology companies in the field of engineering technology, travel and hospitality. Although The sight of the world economy. It may point to the opposition of the travel sector while contributing to the welfare of capital investment companies in the industry.
“We notice a High range growthThis is because luxury travelers usually choose more lucrative solutions. On the other hand, the most basic travel experiences also experience strong growth, because they are very affordable to look out and look. ”
How do risk capital companies change their acquisitions?
Risk capital companies usually introduce a series of changes in companies they invest or receive. The goal is to make them Makes more profit as an active income generator For a certain period of time, these companies are usually sold at a higher price. These changes may be a slightly redesign or renewal to the first complete review or restoration.
According to Keller: “Risk capital companies promote the change of travel through the combination of functional and strategic initiatives. From a functional point of view, they rationalize systems. Activates modern technologiesDynamic pricing tools and updated reserves are such as incorporating new leaders to improve sites and operation. “He emphasized that special attention is paid to high -end categories such as experience, luxury and group missions, as well as the sale or investment of small lucrative units and assets.
“In addition, many companies use procurement and construction development strategies, get small operators or agencies and combine them under an integrated brand under an integrated brand to expand market share and operational performance.” In many cases, Risk capital corporations When they receive a traveling company they can in mind a particular purpose.
Miller said: “Investment received from the bold travel from Geneurgi linked to Decatlon, with the help of brave Grow into an impact company It promotes responsible journeys. “And Walding said:” Hotels are significantly beneficial from this process, because risk capital contributes to capital and functional experience, often small, independent or family hotel companies. “
AdvertisementRisk capital companies can also choose Rebuilding and Reorganization Loan To improve the liquidity of the traveling companies they receive. May expand and introduce delivery channels by coordinating travel technology New artificial intelligence toolsAgricultural Ai. Many risk capital companies also choose to set up services in many assets to make maximum profit.
What are the challenges facing this process?
Although the capital and experience of risk capital can be well received by some travel companies, the review required to convert some of these companies into a long -term benefits can sometimes be affected by challenges. Miller said: “Risk capital companies are very demanding the most on the basis of their objectives and objectives ”. Often, the cost reduction and the provision of high -quality services to customers can be complicated, especially in the turbulent market environment.
According to Keller: “The travel sector faces many challenges that add to the problem for investment and activities. The market is unpredictable -economic economic disruptions such as the fluctuations of demand, changes in the behavior of reserves and geopolitical events – Complicates predictions and values“. He also says:” At the same time, companies need to find a careful balance between the cost reduction and the maintenance of service quality; Occupation reductions can negatively affect customer experience and brand’s reputation. In addition, other obstacles considering increasingly stimulating strict regulations and satisfying the growing expectations surrounding stability and ethical practices. “
Find enough buyers Pay higher values Even in a competitive market, this will be a challenge for risk capital companies. As for travel companies, one of the biggest problems may be Loss of brandSince quick brand, management and prices may be significantly changed a business. Many risk capital companies also focus on instant profit or short -term, which includes additional pressure on these travel companies and may compromise the long -term consistency and customer loyalty.
AdvertisementThe conflict between the original owners of a travel company and the brave capital organizations will further complicate this process. Miller said: “Always the challenge for investment To align the objectives and the deadline. If the original owners of the company are involved, they do not want to lose control, but the investment is necessary to allow them to achieve something that cannot be achieved. Investors have their own reasons and are interested in history or even in the future of the company. This renovation is important for the success of the association. “
Las Economic challenges Walding said that the higher the financial costs in high interest rates would negatively affect the profits of investments, the functions and re -financing, however, that they could increase procurement chances of difficulties. Labor deficit and regulatory obstacles are complex and slow to overcome.
Walding stressed: “After the infection, a number of European markets are a Scarcity of extreme labor In the hospitality field, it complicates hiring, retention and operational changes. Risk capital companies can find resistance from employees or trade unions, especially if they use performance activities. European cities in general have strict regulations such as zone, planning and historical safety. They Terms can significantly delay or complicate efforts Renewing and relocating hotels, increasing both time and costs in executing the business strategy of the capital investment company. “
