The parent company of YouTravel.com has announced that the group will receive a new capital investment of €125 million to support the next phase of its growth and digital transformation.
The FTI Group will receive the full €125 million from the investment, which has been committed to business and digital transformation.
Centares, an investment firm focused on travel and tourism, led the consortium that invested: it has previous investment history with AmaWaterways, G Adventures, and LATAM Airlines among others.
Karl Markgraf, the FTI Group’s CEO, said: “FTI is uniquely positioned for future growth and profitability which benefits all the stakeholders, including our customers, commercial partners and employees.”
