The funding comes as the company continues on its mission to unify all elements of the businesses under the ‘One A&K’ strategy.
The financing will help accelerate elements such as investment in its back-office systems and digital infrastructure.
Among the plans are a new Abercrombie & Kent global website, CRM platform, centralised booking system and travel advisor portal.
The expansion also includes further investment in expanding AKTG’s owned assets around the world, such as Destination Management Companies (DMCs) and its range of camps, lodges, and riverboats in existing and new markets.
Cash injection set to accelerate 'One A&K' strategy and expansion
Luxury
April Hutchinson
12 August 2024
Abercrombie & Kent Travel Group (AKTG) has secured $500 million in funding to continue its global expansion of the Abercrombie & Kent travel business.
Manfredi Lefebvre (pictured with founder Geoffrey Kent) said the move secures 'the next chapter'
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