SINGAPORE, Aug. 16, 2013 (ANTARA/PRNewswire) --Members-only, luxury travel booking portal, TheLuxeNomad.com, has secured USD699,640 of new funding to both strengthen the company's lead in the Asian travel market and support its regional expansion plans. The fundraising round was led by Innosight Ventures, theventure arm of global innovation and strategy consulting firm, Innosight, with participation from Japanese investors, Zipan Enterprise Network.
(Photo: http://www.prnasia.com/sa/2013/08/15/20130815140359143402.html )
(Photo: http://www.prnasia.com/sa/2013/08/15/20130815140752306108.html )
Launched in July 2012, TheLuxeNomad.com entered the USD 554 billion Asian travel market with the innovative concept of offering flash sales and best available rates for luxury hotels, resorts and villas.
Founded by model-turned-entrepreneur, Stephanie Chai, the site appoints celebrities and known personalities to review partner hotels and destinations. Leveraging off the aspirational nature of celebrity travels, the celebrity quotient of the site has helped the start-up garner sizeable publicity which in turn aided in its swift brand build-up.
- 34 percent monthly revenue growth-- TheLuxeNomad.com has achieved an average 34 percent growth on monthly revenue within the last ten months.
- Over 200 hospitality partners-- The start-up has tripled its inventory with over 200 partnering hotels and resorts spanning across Asia-Pacific and Europe.
The additional financial backing will allow TheLuxeNomad.com to expand its team and hotel inventory across the region, as well as invest in technology to innovate and transform the way people plan and book their holidays.
About TheLuxeNomad.com
TheLuxeNomad.com is an exclusive members-only site that offers Flash Sales and 24/7 Best Available Rates of luxury hotels and resorts. Flash sales offer discounts of up to 70 percent and membership is free.
The site displays a curated list of stunning properties with personalized editorial content from the team and selected celebrity "nomads-on-the-go". Celebrity Nomads include Taiwanese actor Godfrey Gao, Miss Malaysia Universe 2011, Deborah Henry, and Hong Kong supermodel couple Jocelyn Luko and Anthony Sandstrom.
The site is run by Singapore-based, Luxe Nomad Private Limited -- a team of passionate travellers with diverse backgrounds ranging from Investment Banking, Law to Linguistics. Luxe Nomad Pte Ltd also maintains offices in Kuala Lumpur and Hong Kong. Visit the site at www.theluxenomad.com.
About Stephanie Chai, CEO of TheLuxeNomad.com
Stephanie Chai first began her entrepreneurial career in 2009 when she founded the regional wedding portal, WeddingGuideAsia.com. Since its inception, the site has attracted over 300,000 readers a year, and has had partnerships with HELLO! Singapore and MSN Malaysia.
A graduate in Finance and International Business from the University of Auckland, TheLuxeNomad.com represents Stephanie's latest venture into the business of travel -- her personal take to inspire people to travel without breaking the bank.
Media Contact:
Alexandra Seitz
PR Manager
+852-6106-6781
alex@theluxenomad.com
SOURCE TheLuxeNomad.com
Editor: PR Wire
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