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Unique niche in the large online travel industry. Dependable private tour guides can be booked by travellers to explore and gain insight of their destination city with a professional local. Value to clients - Book private tour guides they can trust (licenced and client reviewed) Value to Tour Guide... Read more

Unique niche in the large online travel industry. Dependable private tour guides can be booked by travellers to explore and gain insight of their destination city with a professional local. Value to clients - Book private tour guides they can trust (licenced and client reviewed) Value to Tour Guides - Free global promotion of their services. Revenue = Transactioanl income - 10% of the tour cost. Barriers to entry = Exclusive supply of licenced tour guides from around the world. 114 countries and over 1,500 tour guides already active. Target Clients - Travellers with limited time, disposable cash (e.g. business travel, cruise passengers, adventure travel, grey nomads, solo travellers etc) Geographic Client Scope - Initially English speaking population across the world. Exit - Sell to a large OTA (online travel agency) looking to dominate another travel sector and wanting ancillary income.

Core Team Members

David Cunningham - Ex investment banker in JPMorgan London and Sydney (1999 to 2003)
Set up and successfully sold a Chinese real estate firm 2003 to 2006 by MBO.
Still owns a rental and asset management company in Shanghai - 10 staff.

Company Vision & Future

Help travellers explore their destination city with over 5 thousand private tour guides to select from covering 175 countries. #1 resource.

Current Valuation

Sold equity in Jan 2009 at a valuation of AUD 1.3 million

Exit Opportunity

Online Travel Agency (OTA) requiring access to another travel sector.

Ideal Investor

Smart money with solid travel connections and experience.
Willing to be measured against the contacts she/he can give to OurExplorer.

Press Links

• http://www.ourexplorer.com

OurExplorer Travel Activity