Prepares to Launch New £100,000 Website Alongside Interactive Mobile Apps

Fast-growth travel marketplace startup continues to lead the way since it launched less than two years ago

Website continues to grow as a leading travel marketplace, with investment in technology, people and systems.

With over 220,000 hotel rooms a day going wasted in the U.S. alone and a reported 20 billion pounds worth of pre-booked and unused travel being wasted in the U.K. alone, is solving a huge problem for consumers every day.

By providing the opportunity for people to buy and sell their non-refundable and unwanted travel tickets and bringing people together looking for incredible last-minute deals, has already listed over 10,000 travel plans, with a worldwide user base of nearly 100,000 users. 

For the last 18 months, has tested the business case, looked at the industry and listened to what our consumers needed to provide a platform of true value, making it easy to sell on prepaid unwanted travel plans. 

After securing £1,000,000 in their first round of funding, is heavily investing in key strategic areas of the business to create the number one global marketplace for people buying and selling wanted travel plans. £100,000 of this money will be invested in a new website and supported mobile application due for launch in June 2018. 

To support growth and to reach the company's goal of becoming a household name, TransferTravel is using industry-leading creative, digital and PR agencies to support their business concept, build the new platform and elevate the business to help achieve their goals. Along with new technology and systems, they are doubling their workforce focusing especially on marketing, customer service and strategic partnerships in both the U.K. and U.S. offices.

“We are excited to launch our new website and mobile application as it will greatly improve the customer journey, enabling a faster, more intuitive approach to listing and purchasing, unwanted prepaid travel plans,” said Simon Jennings, chief commercial officer.

“To continue our growth, we are investing in all areas of business across all departments. We understand that the business is only as good as the people within and we are heavily focused on building key areas of the business to help and maintain the customer journey and to solve this industry problem.”
3rd Floor, 11-15 Hill Street
​Douglas, ​Isle of Man, IM11 EF



Categories: Vacations and Travel, Emerging Businesses

Tags: disrupter, entrepreneur, funding, growth, investor, marketplace, startup, tech, travel

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About Travel Tech Group Ltd

View Website the first international travel marketplace that allows people to list their unwanted and non-refundable travel to a community of buyers looking for last minute options.

Simon Powell
CEO, Travel Tech Group Ltd
Travel Tech Group Ltd
3rd Floor 11 - 13 Hill Street
Douglas, Isle of man IM1 1EF
United Kingdom