Predict your next investment

Corporation
altayyargroup.com

See what CB Insights has to offer

Investments

5

Portfolio Exits

3

Partners & Customers

3

About 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.

Al Tayyar Travel Group Headquarter Location

Takhassusi Street Olaya

Riyadh,

Saudi Arabia

+966 920012333

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Al Tayyar Travel Group News

Accor boosts Middle East distribution with Al Tayyar partnership

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.

CBI Logo

Al Tayyar Travel Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/18/2018

Series F

Careem Networks

$200M

No

5

12/18/2016

Series E

Subscribe to see more

$99M

Subscribe to see more

10

2/14/2016

Series A

Subscribe to see more

$99M

Subscribe to see more

10

11/10/2015

Series C

Subscribe to see more

$99M

Subscribe to see more

10

12/4/2014

Series B

Subscribe to see more

$99M

Subscribe to see more

10

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

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$200M

$99M

$99M

$99M

$99M

New?

No

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

10

10

10

10

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

3/26/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

11/2/2016

Merger

Subscribe to see more

Subscribe to see more

10

Date

5/16/2019

3/26/2019

11/2/2016

Exit

Acquired

Acquired

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Al Tayyar Travel Group Acquisitions

4 Acquisitions

Al Tayyar Travel Group acquired 4 companies. Their latest acquisition was Al Mosafer Saudi Co. 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

$99M

Acquired

1

11/2/2016

Subscribe to see more

$99M

Subscribe to see more

10

12/8/2015

Subscribe to see more

$99M

Subscribe to see more

10

5/31/2014

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/23/2019

11/2/2016

12/8/2015

5/31/2014

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

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

Accor

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

Travelport

United Kingdom

Subscribe to see more

Subscribe to see more

10

Vendor

Travelport

United Kingdom

Subscribe to see more

Subscribe to see more

10

Date

4/8/2019

4/23/2018

Type

Client

Partner

Vendor

Business Partner

Accor

Travelport

Travelport

Country

France

United Kingdom

United Kingdom

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 .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.