Journey Beyond CEO Chris Tallent (pictured) has flagged more expansion for the private equity-owned business at its annual showcase held in Sydney last week, this year themed ‘Are You Ready to Journey Beyond’?
Tallent revealed significant growth, with the company expanding from 16 to 20 brands and a forecast that – in two years’ time – will have annual revenue approaching $1 billion.
“The future is bright, and we’re boldly committed to standing here in two years’ time, celebrating something extraordinary; with annual revenue approaching $1 billion,” he enthused.
“We talked last year about our aspirations for further growth – we really wanted to lift the company to another level, and it was already pretty big.
“We’ve doubled in size, literally since last year, which is a big achievement in 12 months.”
He also revealed the recently launched Monarto Safari Resort, a short drive outside of Adelaide, had already been a significant driver of growth.
“Monarto’s gone off – we talked about launching this incredible resort partnership – we’ve had around 90% occupancy for the last five months and it’s only been open nine months.”
Tallent also suggested that Journey Beyond would continue to look at opportunities in New Zealand after its acquisition of NZ-based Grand Pacific Tours.
In terms of the Voyages Indigenous Tourism acquisition, Tallent reported that completion was expected in just a matter of weeks, with CEO Matt Cameron-Smith in attendance at the upbeat season launch.
MEANWHILE, a further major announcement on the day was a $30 million investment into the Cruise Whitsundays’ guest experience, highlighted by the evolution and refurbishment of Reefworld and its relaunch as an overnight-only pontoon.
It is reserved exclusively for Reefsleep and Reefsuites guests so they can connect deeper with the Great Barrier Reef.
