Only One Raises 100 Mln Japanese Yen To Expand Custom Travel, Hotel Ventures
KUALA LUMPUR, Feb 12 (Bernama) -- Tokyo-headquartered Only One Corp, a travel agency specialising in bespoke journeys, has successfully raised 100 million Japanese yen through over 20 individual investors. (100 Japanese yen = RM2.92)
Only One in a statement said the funds raised will be utilised for business expansion and to maximise experiential value, aiming to provide "life-changing" travel experiences to a broader audience.
Through the funds, the agency will introduce small-group curated tours offering exclusive access to remote locations and extraordinary experiences, with the aim to launch at least three small-group tours per country across 30 countries, totalling 100 tours, by the end of 2025.
In addition to tour services, it is launching a hotel management business, covering safari lodges in Kenya, estates with vast landscapes, and beach resorts, creating new revenue streams while maintaining its focus on "experiential luxury" in collaboration with partner hotels.
Furthermore, Only One will expand into new global markets with plans to establish offices in Southeast Asia, Taiwan, and India to attract more travellers from these regions.
Operating as a travel agency that curates unique, one-of-a-kind experiences worldwide, Only One’s vision is to deliver a once-in-a-lifetime journey, providing bespoke travel experiences tailored to clients’ family structures, life stages, and financial situations.
Founded in Panama in 2012, Only One expanded into Africa in 2018 and now offers tours across Latin America, Africa, and inbound travel to Japan.
By handling all aspects of tour planning, sales, and on-site service operations, the agency reduces costs and enhances value for customers, unlike the traditional industry model that involves multiple intermediaries.
Its chief executive officer, Yosuke Yamada, a seasoned traveller of over 20 years, is dedicated to providing "life-changing" experiences, grounded in his research into "experiential luxury" that prioritises the value derived from experiences over material wealth.
-- BERNAMA