TIG Global
| Location: | Washington, DC |
| Offices in Washington DC, CA, London, and Singapore |
District Hospitality founded the company and directly managed the company from founding to its sale at a great profit. |
| Sold to Micros (Oracle Hospitality E-Commerce) |
Investment Results
- 99% IRR
- 40x multiple on invested capital
- We became the largest and preeminent hospitality internet marketing firm in the world
- Our clients were the largest and most successful hotel ownership groups in the world
Opportunity
- To be the leading authority and thought leader in the hospitality interactive space
- To use technology to capitalize on consumer shift from call center to internet direct bookings
- To assist our client hotels to dramatically increase their revenue and profitability
Value Added
- Revolutionized hotel website marketing
- Materially increased hotel valuations by increasing customer base and occupancies through the TIG Global
- Rolled out our hospitality interactive services worldwide
