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He added: ?The continued support and investment from Octopus since the earliest stages of our company formation has helped us to build a rapidly growing global company based in London. This new round of investment will allow us to accelerate our brand and expansion into the USA and Asia.?
Elsewhere, Secret Escapes has experienced a 260 per cent revenue increase year-on-year, following expansion across Norway, Switzerland, Denmark and America in 2014. In keeping with that, Brits are spending more on hospitality than they used to, with a 7.1 per cent rise in the amount spent on hotels, bars and restaurants. Tom Hulme from Google Ventures claimed Secret Escapes’ partnership base was what provided it a ?significant advantage? when bringing travellers and top hotels together. Meanwhile, Alliott Cole of Octopus Investments, said: ?It was Secret Escapes? strong commercial opportunity, the size of the potential global market, and the strengths of the founding team which initially attracted us to support the brand during the early stages of the business? development.? By Zen TerrelongeShare this story