Secret Escapes Secures £8M
Summary
Secret Escapes, a UK online luxury travel club, has secured £8m (approximately $12.9m) of new funding.The company intends to use the capital to strengthen its position in the UK market and support international expansion plans.Launched in February 2011 and led by Alex Saint, CEO, and Tom Valentine, managing director, Secret Escapes is an independent online luxury travel club, which runs exclusive flash sales of four and five-star hand-picked hotels and holidays worldwide.It does not use a voucher service and sells actual dates and rooms via a booking engine on its website.In conjunction with the funding, Ben Holmes, partner at Index Ventures, will join the board.
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Secret Escapes
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