The chief executive of Travesse Lifestyle has declared that 2012 will be a defining year for the luxury travel company, following their acquisition of San Francisco-based travel website, Perfect Escapes.
Amir Azulay, chief executive of Travesse Lifestyle, said: “While the company has continued to grow since we acquired Travesse in July 2011, 2012 will be a defining year for Travesse.”
Travesse Lifestyle was previously known as Flash Sales Ltd.
Azulay added the company is aiming to provide an “unrivalled online luxury travel service”, despite the challenges posed by the economic slowdown.
“Despite the global economic downturn, key industry analysts predict that the luxury travel market will grow further in 2012,” he said.
“Combined with a rising demand for ‘affordable luxury’, Travesse is well placed to become a major online luxury travel provider this year.”
Perfect Escapes Inc owned five luxury travel websites, which Travesse Lifestyle will now take over, adding to their extensive portfolio..