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Civitatis Aiming for 50% Global Growth

Civitatis Aiming for 50% Global Growth
Civitatis Aiming for 50% Global Growth
Written by Investments

Ambitious plans focus on surpassing triple-digit growth in Mexico, Argentina, and Colombia, leveraging regional director appointments for tailored localization approach to markets.

Civitatis, the top technological platform for reserving Spanish-speaking activities, day trips, guided tours, and excursions worldwide in both the B2C and B2B sectors, is committed to achieving a significant 50% increase in global travelers by 2024 through unwavering expansion efforts.

The company’s latest update comes after announcing that they achieved a significant milestone of 10 million travelers by the end of 2023, marking a 31% increase from the previous year. Additionally, they have expanded their product and supplier partnerships, with a total of 87,000 products now being supplied by 6,000 partners as of the end of 2023.

Civitatis aims for triple-digit growth in crucial Latin American markets such as Mexico, Argentina, and Colombia, facilitated by the strategic appointment of regional directors who act as country managers. This allows Civitatis to effectively meet the diverse regional needs in these territories.

Civitatis has recently validated its growth projections by securing the first position in Expansión’s annual ranking of Spanish companies projected to reach a valuation of $1 billion, colloquially known as ‘unicorns.’ Expansión is a prominent economic daily newspaper in Spain.

Civitatis has achieved recent growth and triumph through the implementation of its international expansion plan. By targeting Spanish-speaking markets, particularly in Latin America, the company has gained access to high-quality suppliers, resulting in a wider range of options for both B2B and B2C customers. In addition to possessing a profound comprehension of market dynamics and a steadfast dedication to excellence, Civitatis has also broadened its network of service providers and made greater investments in marketing endeavors.

CEO Alberto Gutiérrez states that in 2024, their company’s dedication to continuous expansion is stronger than ever. They anticipate a 50% increase in global travelers, which highlights the ambition and strategic plan of their team. The CEO expresses excitement about the upcoming opportunities, especially in important Latin American markets such as Mexico, Argentina, and Colombia. The regional directors will have a crucial role in customizing their offerings to meet the diverse demands of these regions.

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