TRAVELADVANCES.COM

Market Opportunity

In 2021, the global online travel market was worth approximately $354 billion, and is set to grow to $1.8 trillion by 2028, when you combine this travel fact with the estimated 4.9 billion people who use social media across the world, TRAVELADVANCES.COM is the first integrated travel social media platform to target millennials and travel enthusiasts.

Millennials represent 26% of the global population and travel more than any other generation. Millennials include families, students, and business travellers.  58 percent travel with friends and 40 percent will travel in the next 12 months. Millennials are open minded and motivated by unique itineraries and new experiences.

“When you look at the above facts TRAVELADVANCES.COM is a unique business model which I predict will experience explosive growth,” says William Cafferata, CEO of TRAVELADVANCES.COM “Combining the online travel market with social media is the next big idea”.

TRAVELADVANCES.COM Combines Travel with Social Media

The number of social media users worldwide has increased to 4.9 billion people and is expected to grow to 5.8 billion users by 2027, with the average user spreading their digital footprint to over 6 platforms a month.

Combine the above facts with that there are more than 10 million travel-related hashtags which are searched every week and that 72 percent of travellers post photos on social media, TRAVELADVANCES.COM fills a white space in people’s lives.

“It’s amazing that no other platform currently exists that combines social media with travel,” says Daniel Cafferata, COO of TRAVELADVANCES.COM. “We are the first to offer users exactly what they are crying out for.”

TRAVELADVANCES.COM Business Model

TRAVELADVANCES.COM has 4 vertical lines of business. Tommy Talk is a unique social media platform which allows you to post photo’s, video, and talk to Tommy your AI Travel Companion.    Travel 100 provides you with the top 100 breathtaking travel destinations. Travel Mates allows you to create unforgettable memories and make new friends and finally Travel Now Pay Later enables you to customize your travel plans without the hassle of upfront funding for your trip.

TRAVELADVANCES.COM’S business model is unique and migrates from advertising dominant to commission based with recurring and predictable revenue streams.

The Team Behind TRAVELADVANCES.COM

Along with entrepreneur brothers William and Daniel Cafferata, the Board of Directors include Roger Thomson and Rakesh Mittal. Roger is Managing Director and Chief Operating Officer of Akinn Group and Vice Chairman of XALQ Bank. Roger brings with him extensive knowledge of the financial industry, having been a senior Financial Services Executive with HSBC Bank PLC.

Rakesh Mittal has 35 years of experience in technology consulting and business process outsourcing. Rakesh has managed IT and BPO businesses worldwide, led over 30 acquisitions and is presently on the board of Newt Global, an SAAS company. A Computer Science graduate of BITS, Pilani, Rakesh completed his executive management program from INSEAD.

For further information about partnering with TRAVELADVANCES.COM, make sure you get in contact with the team today by emailing info@traveladvances.com