247 Travels & Vacations Ltd

What 247 Travels & Vacations Ltd does

247 Travels & Vacations Ltd is a Nigerian travel management company operating a dual B2C and B2B platform for booking flights, hotels, tour packages, car rentals, travel insurance, and ancillary services including visa advisory and immigration support. Originally founded in 2012 as Royal Advantage Limited, the company rebranded to 247 Travels & Vacations Ltd in September 2021 and remains 100% Nigerian-owned and privately held. The company is IATA-certified and a member of the National Association of Nigerian Travel Agencies (NANTA), with offices in Lagos and Abuja.

The platform is delivered through a website and native mobile apps on iOS and Android, supporting multiple currencies (NGN, ETB, USD, GBP, INR) and multiple languages (English, Arabic, Turkish, Russian, French, Chinese, German). Revenue is generated through two tracks: retail booking commissions from individual and corporate travelers (B2C), and wholesale rates offered to registered travel agents on a dedicated B2B platform at discounts stated to be up to 40% below retail. The agent channel functions as a distribution layer that resells the company's inventory, while new product lines such as disruption protection, travel insurance, visa advisory, and immigration services extend the revenue mix beyond core flight and hotel bookings. No AI, proprietary model, or data-flywheel capability is disclosed.

Name

247 Travels & Vacations Ltd

Legal name

247 Travels and Vacation Limited

Website

https://247travels.com

Company type

Private

Founded year

2012

Operating status

Operating

Short description

247 Travels & Vacations Ltd is a Nigerian IATA-certified travel management company operating a B2C and B2B platform for flights, hotels, tour packages, car rentals, insurance, and visa services, serving individual travelers, corporate clients, and registered travel agents.

Ownership category

akta.pro rank

Product category

Online Travel Agency

NAICS

Travel Agencies (561510), Travel Agencies (56151), Tour Operators (561520)

akta.pro primary industry

Leisure & Generalist Retail Travel Agencies (THAKABAA)

akta.pro secondary industries

Wholesale Distribution Platforms & Switches (B2B Booking Engines/Marketplaces) (THAKAJAG), 24/7 Traveler Support, Disruption Management & After-Hours Services (THAKAMAL)

Keywords

• Flight booking services
• Hotel reservations
• Travel agency services
• Online travel platform
• Tour packages

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Flight Bookings: Commission from airline ticket bookings through IATA certification. Flights are the primary service offering.
2. Hotel Reservations: Commission from hotel booking transactions across domestic and international properties.
3. Tour Packages: Revenue from bundled travel packages including flights, hotels, and tours.
4. Service Fees: Platform service fees and handling charges for bookings. Non-refundable unless cancellation is caused by supplier.
5. Travel Insurance: Commissions from travel insurance products offered through the platform.
6. B2B Agent Platform: Agent registration provides access to wholesale rates; agents pay discounted rates and can markup for profit.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

247 Travels & Vacations Ltd is a Nigerian IATA-certified travel agency that provides an online booking platform for flights, hotels, tour packages, car rentals, and ancillary travel services. It serves both individual consumers through a self-serve website and mobile apps, and registered travel agents through a separate B2B portal offering wholesale rates. The company also offers travel insurance, visa advisory, immigration assistance, airport protocol services, and disruption protection coverage.

Product overview

247 Travels & Vacation Ltd operates a dual-mode travel platform: a B2C consumer-facing booking portal offering flights, hotels, tours, car rentals, and holiday packages; and a B2B agent platform providing wholesale rates and premium inventory access for registered travel agents. The product portfolio includes core booking services (Flights Booking, Hotel Reservations, Tour Packages, Car Rentals), supplementary services (Travel Insurance, Disruption Protection, Visa Advisory, Immigration Services, Airport Transfers), and a dedicated mobile app. The B2B Agent Platform operates as a separate portal with wholesale pricing, inventory access, and commission tracking capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Flights Booking
• Hotel Reservations

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• International Air Transport Association (IATA)coreOthersIATA certified travel company providing access to airline BSP systems and global distribution capabilities. Certification demonstrates industry standards compliance and booking authority.
• National Association of Nigerian Travel Agents (NANTA)coreOthersMember of Nigerian travel industry trade association representing travel agents in Nigeria.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Travelbeta: Nigerian online travel agency with flights, hotels, and tour packages. Directly competes with 247 Travels for Nigerian B2C travel bookings and shares a similar local-market focus and online platform strategy.
• Wakanow: Nigerian online travel agency offering flights, hotels, visa, and holiday packages to individuals and corporate clients. Closest direct competitor given overlapping Nigerian market presence, B2C/B2B model, and IATA-accredited operations.
• Jumia Travel: African OTA within the Jumia ecosystem operating across multiple African markets, offering flights, hotels, and packaged travel. Comparable in pan-African ambition and online booking model, though backed by a larger e-commerce platform.
• Travelstart: Africa-headquartered OTA operating across multiple African countries with flights, hotels, and packages. Comparable in multi-country African footprint, online booking model, and target customer base of African leisure and corporate travelers.

Broad incumbents

• Booking.com: Global OTA with dominant hotel inventory and a broad flight offering. Overlaps with 247 Travels' consumer booking platform and competes for the same Nigerian and international leisure travelers, but with vastly larger inventory and marketing budget.
• Trip.com Group: Global OTA operating Trip.com, Ctrip, and Skyscanner with flights, hotels, and packages. Comparable in consumer OTA business model and competes with 247 Travels for outbound Nigerian travelers, particularly to Asia-Pacific.
• Expedia: Global online travel agency offering flights, hotels, packages, and car rentals. Comprets with 247 Travels for Nigeria-sourced outbound travel bookings but operates a much broader portfolio of brands and geographies.
• Skyscanner: Global flight meta-search and booking platform. Overlaps with 247 Travels in the consumer flight search and comparison layer and competes for Nigerian travelers pricing air tickets, though without a strong IATA-certified local-services layer.

Others

• Amadeus: Global GDS and travel technology provider. 247 Travels' booking platform is supported by GDS and aggregator infrastructure in this category; Amadeus is a key ecosystem participant rather than a direct consumer competitor.
• Lufthansa Group / Airline-Direct Channels: Major airline groups and their direct booking channels are upstream suppliers and also competitors for direct bookings. Relevant to 247 Travels because of the IATA BSP dependency and the ongoing trend of airlines pushing customers to direct channels.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 247 Travels & Vacations Ltd