• Travel Destinations

    EXO Travel seeks investment for global expansion

    The post EXO Travel seeks investment for global expansion appeared first on TD (Travel Daily Media) Travel Daily. EXO Travel, a destination management company (DMC) with operations in nine countries in Asia, has appointed Cambon Partners (Paris, San Francisco) to raise capital to accelerate a global expansion and form the world’s largest DMC. The Bangkok-headquartered company recorded annual revenues of more than USD 150 million in FY19. Although operations have been impacted by COVID they are expected to recover by 2022 and during this period EXO are seeking strategic opportunities to expand beyond Asia. EXO Travel was founded in Vietnam in 1993 and has grown to become Asia’s leading DMC…