NextTrip Completes Full Acquisition of Luxury Travel Brand Five Star Alliance with Remaining 51% Purchase
NextTrip (NASDAQ:NTRP) has completed the acquisition of the remaining 51% stake in Five Star Alliance, achieving full ownership of the luxury travel brand. This strategic move follows NextTrip's earlier purchase of a 49% stake and brings its ownership to 100%. The transaction consolidates Five Star Alliance's business entirely under NextTrip's umbrella.
The acquisition aims to strengthen NextTrip's market position in both B2C and B2B travel segments, creating new integration opportunities and potential revenue growth. The deal represents a strategic alignment between the companies in scaling high-end travel solutions.
NextTrip (NASDAQ:NTRP) ha completato l'acquisizione del restante 51% di Five Star Alliance, raggiungendo la piena proprietà del marchio di viaggi di lusso. Questa mossa strategica segue l'acquisto precedente da parte di NextTrip di una partecipazione del 49% e porta la sua proprietà al 100%. La transazione consolida completamente l'attività di Five Star Alliance sotto l'ombrello di NextTrip.
L'acquisizione mira a rafforzare la posizione di mercato di NextTrip sia nei segmenti B2C che B2B nel settore dei viaggi, creando nuove opportunità di integrazione e potenziale crescita dei ricavi. L'accordo rappresenta un allineamento strategico tra le aziende per espandere le soluzioni di viaggio di alta gamma.
NextTrip (NASDAQ:NTRP) ha completado la adquisición del 51% restante de Five Star Alliance, logrando la propiedad total de la marca de viajes de lujo. Este movimiento estratégico sigue a la compra anterior de NextTrip de una participación del 49% y lleva su propiedad al 100%. La transacción consolida completamente el negocio de Five Star Alliance bajo el paraguas de NextTrip.
La adquisición tiene como objetivo fortalecer la posición de mercado de NextTrip en los segmentos de B2C y B2B de viajes, creando nuevas oportunidades de integración y potencial crecimiento de ingresos. El acuerdo representa una alineación estratégica entre las empresas para escalar soluciones de viaje de alta gama.
NextTrip (NASDAQ:NTRP)는 Five Star Alliance의 나머지 51% 지분을 인수하여 고급 여행 브랜드에 대한 완전한 소유권을 확보했습니다. 이 전략적 결정은 NextTrip이 49% 지분을 구매한 이후 이루어졌으며, 소유권을 100%로 끌어올렸습니다. 이 거래는 Five Star Alliance의 사업을 NextTrip의 지배 하에 완전히 통합합니다.
이번 인수는 B2C 및 B2B 여행 부문에서 NextTrip의 시장 지위를 강화하고 새로운 통합 기회와 잠재적인 수익 성장을 창출하는 것을 목표로 합니다. 이 거래는 고급 여행 솔루션을 확장하기 위한 두 회사 간의 전략적 정렬을 나타냅니다.
NextTrip (NASDAQ:NTRP) a finalisé l'acquisition des 51% restants de Five Star Alliance, atteignant ainsi la pleine propriété de la marque de voyage de luxe. Ce mouvement stratégique fait suite à l'achat antérieur par NextTrip d'une participation de 49% et porte sa propriété à 100%. La transaction consolide entièrement les activités de Five Star Alliance sous l'égide de NextTrip.
L'acquisition vise à renforcer la position de marché de NextTrip dans les segments de voyage B2C et B2B, créant de nouvelles opportunités d'intégration et un potentiel de croissance des revenus. Cet accord représente un alignement stratégique entre les entreprises pour développer des solutions de voyage haut de gamme.
NextTrip (NASDAQ:NTRP) hat den Erwerb der verbleibenden 51% Beteiligung an Five Star Alliance abgeschlossen und damit die vollständige Eigentümerschaft der Luxusreise-Marke erreicht. Dieser strategische Schritt folgt auf den früheren Kauf von 49% durch NextTrip und bringt den Eigentumsanteil auf 100%. Die Transaktion konsolidiert das Geschäft von Five Star Alliance vollständig unter dem Dach von NextTrip.
Die Übernahme zielt darauf ab, die Marktposition von NextTrip sowohl im B2C- als auch im B2B-Reisesegment zu stärken, neue Integrationsmöglichkeiten zu schaffen und potenzielles Umsatzwachstum zu generieren. Der Deal stellt eine strategische Ausrichtung zwischen den Unternehmen dar, um hochklassige Reisemöglichkeiten auszubauen.
- Full ownership (100%) consolidation of luxury travel brand Five Star Alliance
- Strategic expansion in both B2C and B2B travel segments
- New integration opportunities for revenue growth
- None.
Transaction Further Strengthens NextTrip's Position in the Travel Market, Unlocking New Integration and Revenue Generating Opportunities Across Both B2C and B2B Travel Segments
SANTA FE, NM / ACCESS Newswire / April 14, 2025 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip," "we," "our," or the "Company"), a leading travel technology company dedicated to transforming how travelers plan, book, and experience trips, today announced it has exercised its option and completed the acquisition of the remaining
The transaction further strengthens NextTrip's position in the travel market, unlocking new integration opportunities and accelerating revenue growth across both B2C and B2B travel segments. The acquisition reflects the strong strategic alignment between the two companies and their commitment to scaling high-end travel solutions.
About Five Star Alliance
Founded in 2004, Five Star Alliance is a distinguished luxury travel agency known for its curated collection of over 5,000 five-star hotels and resorts worldwide and more than 35 cruise lines. The platform caters to discerning travelers by offering:
A proprietary search engine that delivers exclusive rates at luxury hotels and resorts
Strong industry relationships with preferred suppliers
Specialized luxury cruise programs and group travel expertise
A 20-year legacy of excellence in high-end travel
Five Star Alliance's customer-centric approach has earned it an industry-leading 4.9-star Trustpilot rating and an engaged audience of 400,000+ monthly site visitors. These assets align seamlessly with NextTrip's data-driven technology, expanding its reach in the high-value travel sector.
"This acquisition is a significant milestone for NextTrip, as we fully integrate Five Star Alliance's industry expertise, strong relationships, and loyal customer base," said Bill Kerby, CEO of NextTrip. "Since our initial purchase of a
John P. McMahon, CEO and significant owner of Five Star Alliance, and recently appointed Chief Operating Officer, Travel Division at NextTrip added, "Our initial partnership with NextTrip demonstrated the strong synergy between our expertise in luxury travel and their technology-driven approach. Now, as a fully integrated part of NextTrip, we are excited to expand our reach into NextTrip's streaming content outlets such as Journy.tv and Compass.tv, which operate on platforms with an estimated audience reach of 17 million active devices each month. As visual travel content overtakes photos, we believe the word and brand NextTrip is well positioned in the travel search and decision funnel for today and tomorrow. I look forward to being part of this bright future moving forward."
Looking Ahead
With this acquisition complete, we believe NextTrip is better positioned to become a prominent player in the luxury travel sector. By integrating Five Star Alliance's high-end inventory, strong supplier relationships, and exceptional service standards, the company is set to redefine travel planning and fulfillment.
For further details on this transaction, refer to the Current Reports on Form 8-K filed by NextTrip with the U.S. Securities and Exchange Commission (SEC).
About Five Star Alliance
Five Star Alliance has been a leader in luxury travel by offering a comprehensive, hand-picked collection of five-star luxury hotels and resorts worldwide since 2005. Backed by an award-winning staff to guide and assist guests throughout their entire journey, Five Star Alliance provides a full range of travel products including airfare, transportation, luxury river and ocean cruises, group and meeting services, concierge services, and more. Five Star boasts an industry-leading customer satisfaction rating of 4.9 stars on Trustpilot. For more information visit www.fivestaralliance.com.
About NextTrip
NextTrip (NASDAQ:NTRP) is a technology-forward travel company redefining how people discover, plan, and book travel. By combining modern booking tools with immersive media and content, NextTrip offers a comprehensive suite of solutions across cruises, group travel, luxury getaways, and vacation rentals. The Company's innovative platforms, including its FAST (Free Ad-Supported Streaming TV) channels and travel-focused media brands, engage and inspire travelers during the discovery phase, driving informed decisions and seamless bookings. With a growing portfolio of B2C and B2B offerings, NextTrip delivers personalized, end-to-end travel experiences for consumers and strategic value for industry partners. For more information or to book a trip, visit www.nexttrip.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, expectations regarding the acquisition of Five Star Alliance by the company, including related to the synergies of the two businesses and future plans related thereto, integration of the two business, expected benefits of the transaction and any other statements regarding the Company's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to: risks that the Five Star acquisition disrupts the Company's current plans and operations; the diversion of management's time on transaction- and integration-related issues; continued availability of capital and financing for the Company; the risk that any announcements relating to the transaction could have adverse effects on the market price of the Company's common stock or operating results; the risk that the transaction and its announcement could have an adverse effect on the ability to retain and hire key personnel, to retain customers and/or to maintain relationships with business partners, suppliers and customers; and risks related to the Company's ability to secure adequate financing on favorable terms, or at all, when needed. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise, except as required by applicable law. For additional information regarding risks and uncertainties that could impact NextTrip's forward-looking statements, please see disclosures contained in the company's Annual Report on Form 10-K for the fiscal year ended February 29, 2024 filed with the SEC on September 4, 2024 and our other filings with the SEC which may be viewed at www.sec.gov.
Contacts
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
NTRP@mzgroup.us
www.mzgroup.us
SOURCE: NextTrip
View the original press release on ACCESS Newswire
FAQ
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