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
Overall CultureC+

Latest Updates

Employees (est.) (Jul 2021)497(-1%)
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
Show more

Secret Escapes Office Locations

Secret Escapes has an office in Greater London
Greater London, GB (HQ)
4th Floor 20 Holborn
Show all (1)

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

3 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.
View all funding rounds

Secret Escapes Revenue

Embed Graph
View revenue for all periods
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
Show all financial metrics

Secret Escapes Operating Metrics

Jul, 2017

Countries

21
Show all operating metrics

Secret Escapes Acquisitions / Subsidiaries

Company NameDateDeal Size
EMLFebruary 12, 2019

Secret Escapes Revenue Breakdown

Embed Graph

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

Secret Escapes Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Secret Escapes Online and Social Media Presence

Embed Graph

Secret Escapes Company Culture

  • Overall Culture

    C+

    69/100

  • CEO Rating

    F

    53/100

  • Compensation

    A

    83/100

Learn more on Comparably

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

From Windermere to Ullswater: the most scenic walks in the Lake District

Come wind, rain or shine, there is nowhere quite as beautiful in England as the Lake District, where soaring peaks, rich green valleys, lush forests and an infinite number of […] The post From Windermere to Ullswater: the most scenic walks in the Lake District appeared first on Secret Escapes.

Six of the best foodie cities in the USA

Though the USA is famous for its food, it’s not all about how many McDonald’s there are per capita or how many wings a man can eat in 10 minutes. […] The post Six of the best foodie cities in the USA appeared first on Secret Escapes.

Hotel review: Hillthwaite, Lake District

As far as rural landscapes go, it’s difficult to beat the Lake District. Forming England’s largest National Park, it’s home to 16 lakes, rugged peaks and lush, sprawling forests, coloured […] The post Hotel review: Hillthwaite, Lake District appeared first on Secret Escapes.

From fire dances to waterfalls: our guide to the most extraordinary experiences in Bali

An island like no other, Bali is a dreamy jungle paradise with an undeniable spiritual atmosphere. As you walk along its streets, speckled with burning incense and offerings to the […] The post From fire dances to waterfalls: our guide to the most extraordinary experiences in Bali appeared first on …

48 hours in: Berlin

From WWI and WWII to the split of the city into East and West, Berlin has had more than its fair share of turmoil and tragedy. World-famous street art links […] The post 48 hours in: Berlin appeared first on Secret Escapes.

Sensational safaris: which is the best one for you?

There’s nothing more bucket-list-ticking than a safari, whether it’s a thrilling game drive through famous Kruger National Park or a sand-strewing quad bike adventure with a camel ride across the […] The post Sensational safaris: which is the best one for you? appeared first on Secret Escapes.
Show more

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 497 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 £243.9 k.

  • Who are Secret Escapes competitors?

    Competitors of Secret Escapes include Treebo, Oberoi Hotels & Resorts and The Standard.

  • 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.