Spain-Based Destinia Gets UK Presence With Acquisitions of Travel Republic and Netflights

Key Points

• Destinia, a Spain-based online travel agency, acquired UK-based OTAs Travel Republic and Netflights from Dnata Travel Group.
• The acquired brands faced challenges from fierce price competition and were at risk of closure before the acquisition.
• Destinia aims to maintain the brands' trusted services while expanding their offerings into southern Europe and the Mediterranean.

Summary

Destinia, a Madrid-based online travel agency with a global presence, has acquired UK-based OTAs Travel Republic and Netflights from Dnata Travel Group. Both brands faced potential closure due to intense competition and shifting priorities at Dnata. Destinia plans to leverage its technology and scale to support and expand these brands, particularly into southern Europe and the Mediterranean.