Bringing Digital Technology to the Tour Activity Operator Industry
The TAA market expected to grow at 17.6% CAGR – to an estimated size of $90 billion in North America by 2026*
Amphitrite Digital is a maritime experience company that serves guests in the In-destination tours, activities & attractions (TAA) market. The company uses advanced digital technology platforms to market, manage and operate in-destination tours, activities and events in the U.S. and the Caribbean. With several operating entities including Seas the Day Charters USVI and Magens Hideaway in the Caribbean, Tall Ship Windy in Chicago, Illinois and Paradise Adventures Catamarans and Watersports in Panama City Beach, Florida. Amphitrite Digital serves more than 90,000 tour and event guests annually and is already one of the largest maritime tour activity operators in Chicago and the U.S. Virgin Islands. Based on a foundation rooted in digital technology and innovation, Amphitrite Digital has consistently achieved double-digit growth annually, and our plan is to grow faster than the TAA market – which is expected to grow at 17.6% CAGR from 2022-2026 *.
The digital technology revolution has not reached the in-destination tour activity operator industry. Fragmentation and owner/operator lack of technical knowledge has resulted in the industry not benefiting from digital technology in revenue generation, guest services and overall operations. These shortcomings create a strategic opportunity for Amphitrite Digital as the only public company in the space. The Company has a unique competitive advantage having operations built on a digital foundation that powers best-in-class advertising and marketing, guest services, repair, maintenance, and overall operations resulting in efficiencies not usually seen in the in-destination tour activity operator industry. Amphitrite Digital is well-positioned for both organic growth as well as an industry consolidation roll-up strategy.
* According to Verified Market Research’s January 2021 Global In-destination Travel Market Research.