Travel networking and experience app Travello has bought the Backpacker Deals website and business for a mix of cash and shares.
Travello claims the deal will create Australia’s largest ‘experience based, youth focused’ Online Travel Agent.
“Backpacker Deals is a market leader in the youth vertical and they’ve built some great technology we haven’t seen in other companies,” said Travello CEO Ryan Hanly.
“We have an aligned vision and demographic focus, so this just made perfect sense.”
Dinesh Kaku, the founder of Backpacker Deals, will join Travello as Head of Growth and says the company aims to become the global leader in youth travel.