Online guide company completes round of funding
MyDestinationInfo.com, the global network of local travel guides, has completed a funding round that values the business at £5million.
The company has released 10% of its equity following investment of £500,000, with all investment made by existing MyDestinationInfo.com franchisees.
The network also announced today the sale of 14 new franchises across four continents.
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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