Investments
5Portfolio Exits
3Partners & Customers
3About Al Tayyar Travel Group
Al Tayyar Travel Group Holding Company (TADAWUL: 1810) provides travel and tourism services. The Company organizes vacation packages, books airline and hotel reservations, and owns a car rental company. Al Tayyar has offices in the Middle East, Asia, and North America.

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Latest Al Tayyar Travel Group News
Nov 15, 2019
Accor has entered into a partnership with Al Tayyar TravelGroup , one of the largest and oldest travel and tourism companies in the MiddleEast. Through this agreement, Accor will provide Al TayyarTravel Group’s online and retail channels with direct access to real-time ratesand availability for its portfolio of 4,800 hotels and resorts in 100 countriesworldwide. “Our partnership with Al Tayyar Travel Group accelerates ourgrowth strategy by cementing our presence as a world-leading travel and lifestylebrand in the Middle East, which is an increasingly important source of corebusiness for Accor,” says Markus Keller, senior vice president of global salesfor Accor. The Phocuswright Conference is for three days - here's your daily bulletin for the other 362! Subscribe to the PhocusWire newsletter below Submit Founded in 1980 with one location, Al Tayyar Travel Groupnow comprises 20 companies with more than 400 branches in Saudi Arabia, 30international offices and a robust online presence through its Tajawal and Almosafer online travel agency brands. “Accor is a global brand and connecting with them on ourplatform will bring thousands of well-known hotels to our travelers, givinggreater choice and convenience,” says Abdullah Al Dawood, group CEO of AlTayyar Travel Group. The deal gives Al Tayyar Travel Group access to Accor’s 38brands including Raffles, Sofitel, Fairmont, Pullman, Mövenpick and Novotel. Executive Interview: Booking.com
Al Tayyar Travel Group Investments
5 Investments
Al Tayyar Travel Group has made 5 investments. Their latest investment was in Careem Networks as part of their Series F on October 10, 2018.

Al Tayyar Travel Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/18/2018 | Series F | Careem Networks | $200M | No | 5 | |
12/18/2016 | Series E | |||||
2/14/2016 | Series A | |||||
11/10/2015 | Series C | |||||
12/4/2014 | Series B |
Date | 10/18/2018 | 12/18/2016 | 2/14/2016 | 11/10/2015 | 12/4/2014 |
---|---|---|---|---|---|
Round | Series F | Series E | Series A | Series C | Series B |
Company | Careem Networks | ||||
Amount | $200M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 5 |
Al Tayyar Travel Group Portfolio Exits
3 Portfolio Exits
Al Tayyar Travel Group has 3 portfolio exits. Their latest portfolio exit was Wadi on May 16, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/16/2019 | Acquired | 1 | |||
Date | 5/16/2019 | ||
---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
Al Tayyar Travel Group Acquisitions
4 Acquisitions
Al Tayyar Travel Group acquired 4 companies. Their latest acquisition was Almosafer on January 23, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/23/2019 | Other | $412M | Acquired | 1 | ||
11/2/2016 | ||||||
12/8/2015 | Other | |||||
5/31/2014 |
Date | 1/23/2019 | 11/2/2016 | 12/8/2015 | 5/31/2014 |
---|---|---|---|---|
Investment Stage | Other | Other | ||
Companies | ||||
Valuation | ||||
Total Funding | $412M | |||
Note | Acquired | |||
Sources | 1 |
Al Tayyar Travel Group Partners & Customers
3 Partners and customers
Al Tayyar Travel Group has 3 strategic partners and customers. Al Tayyar Travel Group recently partnered with Accor on April 4, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/8/2019 | Client | France | Weekly Roundup #14: Travel, Tech, and Social Media - TrustYou `` Our partnership with Al Tayyar Travel Group accelerates our growth strategy by cementing our presence as a world-leading travel and lifestyle brand in the Middle East , which is an increasingly important source of core business for Accor , '' says Markus Keller , senior vice president of global sales for Accor . | 1 | |
4/23/2018 | Partner | ||||
4/23/2014 | Vendor |
Date | 4/8/2019 | 4/23/2018 | 4/23/2014 |
---|---|---|---|
Type | Client | Partner | Vendor |
Business Partner | |||
Country | France | ||
News Snippet | Weekly Roundup #14: Travel, Tech, and Social Media - TrustYou `` Our partnership with Al Tayyar Travel Group accelerates our growth strategy by cementing our presence as a world-leading travel and lifestyle brand in the Middle East , which is an increasingly important source of core business for Accor , '' says Markus Keller , senior vice president of global sales for Accor . | ||
Sources | 1 |
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