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Founder Brett Dudley sells Australasia’s ecruising after 20 years

Brett Dudley and wife Philippa, who founded ecruising in 2000, sold the company to Skybound Fidelis Investment Limited, which will see it become a strategic partner of Skybound’s Gold Coast-based LeisureCom Group.

Helen Hutcheon, Australasia correspondent

February 18, 2020

1 Min Read
Credit: Seatrade Cruise News

Ecruising adds to Skybound Australia’s growing equity portfolio.

London headquarters

Skybound Fidelis Investment Limited forms part of a broader financial services group called Skybound Capital, with headquarters in London.

‘The Skybound Capital Group is a A$2bn global wealth business which is currently growing its exposure to the Australian market,’ Skybound Australia’s MD Jeremy Thorpe said. 

Key focusses in Australia are currently the property, consumer lending and the travel, entertainment and leisure markets.

The CEO of LeisureCom Group, Steve Chant, said the purchase of ecruising is part of a strategy to aggressively grow its leisure, travel and lifestyle footprint in the Australian market.

Online selling pioneer 

Ecruising pioneered cruise holiday packaging and the way Australians purchase a cruise holiday online.

It was the first Australian agency to develop direct application program interfaces with major cruise lines.

Latitude 33

It generated more than A$30m in sales during the last financial year and in February 2016 the business was expanded with the creation of high-end luxury travel brand Latitude 33, part of the company’s boutique range of cruise products.

‘I’ve always wanted to get our business to the 20-year mark, a real milestone achievement,’ Dudley said. 

‘It’s been quite a journey and I have loved every minute of it, especially the people I’ve met along the way,’ he said.

‘I couldn’t have done it without the support of the trade, my amazing staff and my wife.’

Dudley and his team will continue to run the business from its base in Sydney with LeisureCom Group working alongside to expand growth.

 

Read more about:

Australia

About the Author

Helen Hutcheon

Australasia correspondent

Helen Hutcheon did her cadetship on a shipping magazine and worked in P&O’s Sydney office for seven years as a public relations journalist.

For 19 years she was deputy editor of Travel Week, which was Australia’s leading trade newspaper that covered major local and international industry events.

In 2008 the late legendary Rama Rebbapragada presented her with an award from Royal Caribbean Cruises Ltd ‘in recognition of her outstanding contribution to the cruising industry.’

In 2010 she won the Neil Frazer Award for ‘outstanding contribution to the cruise industry,’ elevating her to CLIA Australasia’s hall of fame.

She has been the Australasia correspondent for Seatrade Cruise Review since 1997 and for Seatrade Insider (now Seatrade Cruise News) since its launch in 2000.

 

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