Articles tagged “secret escapes”

Financial filings reveal how well deals specialist Secret Escapes was performing before the pandemic struck and how much venture capital backing it received during the crisis to stay afloat. The figures hint at how the company's recovery this year may play out.

Secret Escapes continues its acquisition spree. The question is what comes next: Will it opt for an IPO or might a buyer be waiting in the wings?

Groupon may have its struggles and many similar sites have gone out of business, but travel flash sales have a stubborn persistence — even if they would probably get additional traction in more perilous economic times.

The conventional wisdom has been that flash sales can't be a profitable model during economic good times. The apparent success of Secret Escapes puts the lie to that notion.

Jetsetter still sees value in flash sales but it is such a small part of parent company TripAdvisor's overall business that it saw value in farming out that part of the business to Secret Escapes, which focuses on flash sales 24/7.

Flash sales or not, travelers will find value in Secret Escapes if it can indeed negotiate exclusive deals.