Journey Beyond Pty Ltd.
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Journey Beyond Pty Ltd. - overview
Location
Adelaide, TAS, Australia
Primary Industry
Travel & Leisure
About
Based in Australia, Journey Beyond Pty Ltd provides unique travel experiences, focusing on rail journeys, tours, cruises, and eco-lodges, appealing to both domestic and international travelers seeking adventure and luxury. Journey Beyond Pty Ltd is an Australian travel company specializing in premium travel experiences. The company was acquired by Hornblower Cruises & Events in January 2022 for USD 600 mn from Quadrant Private Equity and Allegro Funds. The company's headquarters is located in Adelaide, Australia.
Neil Borde is the founder, and Chris Tallent serves as the CEO. Journey Beyond has participated in one significant funding deal as of 2022. Journey Beyond specializes in providing unique travel experiences across Australia, focusing on rail journeys, touring, cruises, attractions, and eco-lodges. Among its flagship offerings are The Ghan, Indian Pacific, and Great Southern train journeys, which traverse iconic Australian landscapes with luxury onboard services.
The company also operates immersive experiences such as Reefsleep, an overnight stay on the Great Barrier Reef, and Eureka 89 atop Melbourne Skydeck, providing diners with exceptional views and culinary delights. Journey Beyond targets a diverse client base, including domestic and international travelers seeking adventure, cultural enrichment, and luxury comfort. Their services are available in key geographical markets, including major Australian cities and renowned tourist destinations such as Broome, Sydney, and Cairns. Journey Beyond generates revenue through a combination of direct bookings and packaged travel experiences.
Customers typically engage with the company via its online booking platform, selecting individual services or comprehensive packages that include accommodation, transportation, and curated experiences. The company’s pricing structure includes various tiers based on the type of service, such as luxury train journeys or eco-lodges, catering to different segments of the travel market. Their rail journeys may include premium options for enhanced amenities and exclusive excursions. The combination of B2C transactions through direct bookings and partnerships with travel agents solidifies Journey Beyond's revenue stream, ensuring robust engagement with both individual travelers and corporate partners.
Following the recent acquisition in January 2022, Journey Beyond plans to enhance its portfolio of attractions, including ferry and cruise services. The company aims to expand its market presence, particularly in regions surrounding key tourist destinations in Australia, by the end of 2023. The investment from Hornblower Group, Inc. will be utilized to support these initiatives, focusing on the development of new product offerings that align with their core mission of providing unique travel experiences.
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism
Website
www.journeybeyond.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Journey Beyond Pty Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Journey Beyond Pty Ltd. | - | ||||||||
| Merger | Completed | Cruise Whitsundays Pty Ltd, Great Southern Rail Pty Ltd, Wadjemup Trading Pty Ltd | - |
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