OverviewSuggest Edit

Secret Escapes is a company that develops and operates a members-only travel platform. Its platform enables members to book four and five-star hotels, five-star spa breaks, resorts, and tropical beach escapes. Secret Escapes acts as an agent for suppliers, tour operators, and hotels featured on the site.
TypePrivate
Founded2009
HQGreater London, GB
Websitesecretescapes.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Oct 2020)645(-2%)
Revenue (FY, 2018)£121.2 M(+66%)
Cybersecurity ratingCMore

Key People/Management at Secret Escapes

Alex Saint

Alex Saint

Co-Founder & CEO
Tom Valentine

Tom Valentine

Co-Founder & COO
Cian Weeresinghe

Cian Weeresinghe

Chief Marketing Officer
Will Fawcett

Will Fawcett

Chief Financial Planning & Commercial Officer
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Secret Escapes Office Locations

Secret Escapes has an office in Greater London
Greater London, GB (HQ)
4th Floor 20 Holborn
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Secret Escapes Financials and Metrics

Summary Metrics

Founding Date

2009

Secret Escapes total Funding

$251.8 m

Secret Escapes latest funding size

$67.96 m

Time since last funding

2 years ago

Secret Escapes investors

Secret Escapes's latest funding round in July 2018 was reported to be $68 m. In total, Secret Escapes has raised $251.8 m. Secret Escapes's latest valuation is reported to be £209.5 m.
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Secret Escapes Revenue

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Secret Escapes's revenue was reported to be £121.23 m in FY, 2018
GBP

Revenue (FY, 2018)

121.2m

Gross profit (FY, 2018)

87.3m

Gross profit margin (FY, 2018), %

72%

Net income (FY, 2018)

(11.0m)

EBIT (FY, 2018)

(8.1m)

Market valuation

209.5m

Cash (31-Dec-2018)

52.9m

EV

185.9m
  • Source: Company Filings
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.6m11.6m20.4m30.9m48.7m73.2m121.2m

Revenue growth, %

218%76%52%58%

Cost of goods sold

1.1m2.2m3.3m5.2m8.4m11.3m33.9m

Gross profit

2.5m9.4m17.1m25.6m40.3m61.9m87.3m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.5m4.7m4.2m4.2m21.8m10.7m48.0m52.9m

Accounts Receivable

482.4k680.5k1.9m2.0m2.6m4.2m6.8m9.2m

Inventories

Current Assets

2.9m6.0m7.6m8.4m28.3m19.5m66.0m79.2m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(5.5m)(3.5m)(15.0m)(21.6m)(20.5m)(14.7m)

Cash From Operating Activities

(3.7m)(466.2k)(6.4m)(14.0m)(10.7m)3.8m12.5m

Cash From Investing Activities

(6.3m)

Cash From Financing Activities

6.0m1.3k8.5m33.1m44.0k81.8m(1.3m)
GBPFY, 2011

Financial Leverage

1.4 x
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Secret Escapes Operating Metrics

Jul, 2017

Countries

21
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Secret Escapes Acquisitions / Subsidiaries

Company NameDateDeal Size
EMLFebruary 12, 2019

Secret Escapes Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Secret Escapes Revenue Breakdown

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Secret Escapes revenue breakdown by business segment: 95.0% from Commissions from Hotels and Tour Operators and 5.0% from Other

Secret Escapes Online and Social Media Presence

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Secret Escapes News and Updates

Luxury travel firm Secret Escapes snaps up failed rival Laterooms

Luxury travel agency Secret Escapes has snapped up part of collapsed rival Laterooms as it booked a 66 per cent [...] The post Luxury travel firm Secret Escapes snaps up failed rival Laterooms appeared first on CityAM.

Luxury travel service Secret Escapes raises £83 million in equity and debt

Luxury travel club Secret Escapes has raised £83 million in both equity and debt funding led by Temasek with participation from Idinvest Partners and the debt portion of the round coming from Silicon Valley Bank. News about the funding round first surfaced late last week with reports that the compan…

Secret Escapes raises $111 million to grow its luxury holiday marketplace through acquisitions

Secret Escapes, a members-only travel club for discounted luxury holidays, has closed a $111 million series D funding round led by Singapore-based investment firm Temasek, with participation from France’s Idinvest Partners. Founded out of London in 2010 and launched a year later, Secret Escapes offe…

Secret Escapes handed keys for further expansion with $111m funding

London-based travel startup Secret Escapes has raised $111m (£83m) in its latest funding round.  The membership-based online travel booking platform now plans to ramp up its international expansion drive, eyeing acquisitions as it grows. "The cash injection of $111 million will enable Secret E…

Secret Escapes racks up $111 mln

London-based Secret Escapes, a luxury hotel flash deals site, has raised $111 million in Series D equity and debt funding. Temasek led the equity round with participation from return backer Indinvest Partners while Silicon Valley Bank provided the debt facility.

Secret Escapes Blogs

Our stay of the week – An Lam Retreats Ninh Van Bay, Vietnam

Vietnam is an impossibly spellbinding destination, blanketed in some of the world’s most impressive natural beauty and populated by a nation of infectiously friendly locals. Junk boats weave through rocky […] The post Our stay of the week – An Lam Retreats Ninh Van Bay, Vietnam appeared first on Sec…

A practical guide to visiting Iceland in the colder months

Iceland impresses with an epic landscape like no other. In summer, rolling green countryside glistens under the midnight sun, while in winter, sprawling snowscapes part only for thundering waterfalls and […] The post A practical guide to visiting Iceland in the colder months appeared first on Secret…

Seven unexpected romantic destinations across Europe

Romantic getaways often tell the same story: you might think that gliding down the Grand Canal on a gondola or taking photos in front of the Eiffel Tower are the […] The post Seven unexpected romantic destinations across Europe appeared first on Secret Escapes.

10 hours in Brussels: how to spend a day in the Art Nouveau capital

Heading to the European continent for a day might seem like an odd thought, but with a Eurostar ticket in hand, this can be pretty easy to do. In just […] The post 10 hours in Brussels: how to spend a day in the Art Nouveau capital appeared first on Secret Escapes.

Five inspiring railway journeys across the UK

Between train, plane and automobile travel, climbing aboard the former is without doubt the most relaxing – when it’s not part of your daily commute, that is. Skip the long […] The post Five inspiring railway journeys across the UK appeared first on Secret Escapes.

A romantic mini-guide to Paris: where to eat, drink, stay and more

The City of Lights brims with a timeless elegance and old-world charms like no other destination. From its beautiful Haussmann-era architecture and iconic landmarks to the exquisite top-notch eateries and […] The post A romantic mini-guide to Paris: where to eat, drink, stay and more appeared first …
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Secret Escapes Frequently Asked Questions

  • When was Secret Escapes founded?

    Secret Escapes was founded in 2009.

  • Who are Secret Escapes key executives?

    Secret Escapes's key executives are Alex Saint, Tom Valentine and Cian Weeresinghe.

  • How many employees does Secret Escapes have?

    Secret Escapes has 645 employees.

  • What is Secret Escapes revenue?

    Latest Secret Escapes annual revenue is £121.2 m.

  • What is Secret Escapes revenue per employee?

    Latest Secret Escapes revenue per employee is £187.9 k.

  • Who are Secret Escapes competitors?

    Competitors of Secret Escapes include 9flats.com, Old Thorns Golf Hotel & Country Estate and Daish's Holidays.

  • Where is Secret Escapes headquarters?

    Secret Escapes headquarters is located at 4th Floor 20 Holborn, Greater London.

  • Where are Secret Escapes offices?

    Secret Escapes has an office in Greater London.

  • How many offices does Secret Escapes have?

    Secret Escapes has 1 office.